Deric Rangell

Los Angeles, CA 90007

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90007

Sat Aug 17 2019
This week the median list price for Los Angeles, CA 90007 is $832,500 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has held steady at or around 14. 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

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 90007

Sat Aug 17 2019
This week the median list price for Los Angeles, CA 90007 is $832,500 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has held steady at or around 14. 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

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 $832,500
Per Square Foot $596
Days on Market 108
Price Decreased 29%
Price Increased 7%
Relisted 7%
Inventory 14
Median House Rent $2,400
Most Expensive $1,800,000
Least Expensive $459,000
Market Action Index
Slight Seller's Advantage
31

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 3 2 114 0 0 107
$855,995 2,180 6,500 - 8,000 sqft 3 3 114 0 0 77
$787,500 1,236 0 - 4,500 sqft 2 1 111 0 0 199
$490,000 955 0 - 4,500 sqft 2 1 111 0 1 42