Fri Dec 06 2019
This week the median list price for Los Angeles, CA 90008 is $1,200,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 26.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$1,200,000|
|Per Square Foot||$529|
|Days on Market||95|
|Strong Seller's Market|
Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,724,450||3,583||8,000 - 10,000 sqft||4||2||64||0||1||178|
|$1,397,500||2,201||6,500 - 8,000 sqft||3||2||68||1||1||66|
|$1,090,000||2,022||6,500 - 8,000 sqft||3||2||77||1||0||116|
|$825,799||1,314||4,500 - 6,500 sqft||3||1||83||0||4||28|