Deric Rangell

Los Angeles, CA 90007

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90007

Mon Apr 22 2019
This week the median list price for Los Angeles, CA 90007 is $844,500 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 8. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Los Angeles, CA 90007

Mon Apr 22 2019
This week the median list price for Los Angeles, CA 90007 is $844,500 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 8. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $844,500
Per Square Foot $611
Days on Market 112
Price Decreased 38%
Price Increased 13%
Relisted 0%
Inventory 8
Median House Rent $3,000
Most Expensive $1,499,000
Least Expensive $650,000
Market Action Index
Slight Seller's Advantage
34

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
$1,214,000 1,668 4,500 - 6,500 sqft 4 2 NaN 1 1 52
$852,497 1,393 4,500 - 6,500 sqft 2 1 NaN 0 1 52
$832,500 1,665 0 - 4,500 sqft 3 2 NaN 0 0 157
$674,999 1,404 4,500 - 6,500 sqft 3 1 NaN 0 0 189