Deric Rangell

Los Angeles, CA 90007

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90007

Mon Jun 17 2019
This week the median list price for Los Angeles, CA 90007 is $797,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 12. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Los Angeles, CA 90007

Mon Jun 17 2019
This week the median list price for Los Angeles, CA 90007 is $797,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 12. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $797,000
Per Square Foot $578
Days on Market 83
Price Decreased 25%
Price Increased 0%
Relisted 8%
Inventory 12
Median House Rent $3,000
Most Expensive $1,800,000
Least Expensive $449,000
Market Action Index
Slight Seller's Advantage
30

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$1,499,000 1,404 4,500 - 6,500 sqft 4 2 113 0 1 77
$840,000 1,412 0 - 4,500 sqft 3 2 107 0 0 196
$697,777 1,375 0 - 4,500 sqft 3 2 115 0 1 49
$459,900 876 0 - 4,500 sqft 2 1 102 0 0 11