Deric Rangell

Los Angeles, CA 90065

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90065

Tue Feb 19 2019
This week the median list price for Los Angeles, CA 90065 is $799,500 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has held steady at or around 80. Click here to stay informed with the Los Angeles market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Los Angeles, CA 90065

Tue Feb 19 2019
This week the median list price for Los Angeles, CA 90065 is $799,500 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has held steady at or around 80. Click here to stay informed with the Los Angeles market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Los Angeles market.
Median List Price $799,500
Per Square Foot $612
Days on Market 102
Price Decreased 38%
Price Increased 5%
Relisted 10%
Inventory 80
Median House Rent $3,495
Most Expensive $1,995,000
Least Expensive $448,000
Market Action Index
Slight Seller's Advantage
37

In the last few weeks we’ve seen prices in this zip code bouncing around this 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
$1,297,000 2,313 6,500 - 8,000 sqft 4 3 33 2 2 82
$899,000 1,771 4,500 - 6,500 sqft 3 2 70 2 2 102
$749,000 1,032 4,500 - 6,500 sqft 2 2 87 3 2 117
$570,000 867 4,500 - 6,500 sqft 2 1 96 2 0 106