Deric Rangell

Los Angeles, CA 90005

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90005

Tue Oct 15 2019
This week the median list price for Los Angeles, CA 90005 is $1,749,000 with the market action index hovering around 30. This is less than last month's market action index of 33. Inventory has held steady at or around 17. Click here to stay informed with the Los Angeles market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Los Angeles, CA 90005

Tue Oct 15 2019
This week the median list price for Los Angeles, CA 90005 is $1,749,000 with the market action index hovering around 30. This is less than last month's market action index of 33. Inventory has held steady at or around 17. Click here to stay informed with the Los Angeles market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $1,749,000
Per Square Foot $670
Days on Market 117
Price Decreased 24%
Price Increased 6%
Relisted 12%
Inventory 17
Median House Rent $4,012
Most Expensive $15,950,000
Least Expensive $950,000
Market Action Index
Slight Seller's Advantage
30

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$5,485,000 6,571 0.5 - 1 acre 6 5 93 0 0 129
$2,312,500 3,286 8,000 - 10,000 sqft 4 2 94 0 0 243
$1,599,500 2,649 8,000 - 10,000 sqft 4 2 99 0 1 66
$1,300,000 2,620 6,500 - 8,000 sqft 4 3 97 1 0 44