Deric Rangell

Los Angeles, CA 90005

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90005

Wed Jul 17 2019
This week the median list price for Los Angeles, CA 90005 is $2,399,000 with the market action index hovering around 34. This is about the same as last month's market action index of 34. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Los Angeles, CA 90005

Wed Jul 17 2019
This week the median list price for Los Angeles, CA 90005 is $2,399,000 with the market action index hovering around 34. This is about the same as last month's market action index of 34. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $2,399,000
Per Square Foot $735
Days on Market 128
Price Decreased 50%
Price Increased 7%
Relisted 43%
Inventory 14
Median House Rent $3,895
Most Expensive $5,250,000
Least Expensive $915,000
Market Action Index
Slight Seller's Advantage
34

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$4,290,000 4,660 0.25 - 0.5 acre 5 5 93 0 0 98
$2,700,000 3,750 6,500 - 8,000 sqft 4 2 93 1 1 74
$2,147,000 3,217 6,500 - 8,000 sqft 4 2 97 0 2 183
$1,264,500 1,858 6,500 - 8,000 sqft 3 3 1 0 1 136