Pango Group

Lomita, CA 90717

Single-Family Homes

www.pangogroup.com



Lomita, CA 90717

Sat Jun 10 2023
This week the median list price for Lomita, CA 90717 is $989,400 with the market action index hovering around 71. This is less than last month's market action index of 78. Inventory has increased 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Lomita, CA 90717

Sat Jun 10 2023
This week the median list price for Lomita, CA 90717 is $989,400 with the market action index hovering around 71. This is less than last month's market action index of 78. Inventory has increased 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Lomita market.
Median List Price $989,400
Median Price of New Listings $902,500
Per Square Foot $632
Average Days on Market 5
Median Days on Market 7
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 71
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,249,000 2,344 4,500 - 6,500 sqft 4 4 34 0 0 7
$1,195,000 1,632 6,500 - 8,000 sqft 3 4 71 0 0 7
$989,400 2,207 4,500 - 6,500 sqft 4 3 NaN 1 1 3
$810,000 932 4,500 - 6,500 sqft 2 1 71 1 1 3