Beate Kirmse's Market Report

Lomita, CA

Single-Family Homes

eXp Realty | + 1 (310) 929 9982 | kirmsehomes@gmail.com



Lomita, CA

Sat Sep 19 2020
This week the median list price for Lomita, CA is $750,000 with the market action index hovering around 49. This is an increase over last month's market action index of 43. Inventory has held steady at or around 13. Click here to stay informed with the Lomita market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Lomita, CA

Sat Sep 19 2020
This week the median list price for Lomita, CA is $750,000 with the market action index hovering around 49. This is an increase over last month's market action index of 43. Inventory has held steady at or around 13. Click here to stay informed with the Lomita market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Lomita market.
Median List Price $750,000
Per Square Foot $561
Days on Market 43
Price Decreased 15%
Price Increased 0%
Relisted 0%
Inventory 13
Median Rent $2,350
Most Expensive $1,499,000
Least Expensive $598,000
Market Action 49
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,250,000 2,680 0.25 - 0.5 acre 4 3 55 0 0 121
$775,000 1,512 6,500 - 8,000 sqft 3 2 80 0 3 30
$724,000 1,380 4,500 - 6,500 sqft 3 2 71 0 2 21
$624,500 948 6,500 - 8,000 sqft 2 1 68 1 2 10