Pango Group

Lomita, CA 90717

Single-Family Homes

www.pangogroup.com



Lomita, CA 90717

Fri Mar 29 2024
This week the median list price for Lomita, CA 90717 is $872,500 with the market action index hovering around 55. This is an increase over last month's market action index of 45. Inventory has decreased to 6. 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 have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Lomita, CA 90717

Fri Mar 29 2024
This week the median list price for Lomita, CA 90717 is $872,500 with the market action index hovering around 55. This is an increase over last month's market action index of 45. Inventory has decreased to 6. 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 have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Lomita market.
Median List Price $872,500
Median Price of New Listings $831,500
Per Square Foot $592
Average Days on Market 60
Median Days on Market 46
Price Decreased 17%
Price Increased 0%
Relisted 17%
Inventory 6
Median Rent
Market Action 55
Strong Seller's Market

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$1,950,000 3,030 8,000 - 10,000 sqft 7 6 61 0 0 175
$900,000 816 0 - 4,500 sqft 1 1 104 0 1 49
$872,500 1,633 4,500 - 6,500 sqft 3 1.5 88 1 0 63
$633,500 1,189 4,500 - 6,500 sqft 2 1.5 72 1 0 3