Deric Rangell

Los Angeles, CA 90008

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90008

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. Click here to stay informed with the Los Angeles market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Los Angeles, CA 90008

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. Click here to stay informed with the Los Angeles market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $1,200,000
Per Square Foot $529
Days on Market 95
Price Decreased 42%
Price Increased 8%
Relisted 15%
Inventory 26
Median Rent $3,800
Most Expensive $1,895,000
Least Expensive $499,000
Market Action 45
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.

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
$1,724,450 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