Deric Rangell

Downey, CA 90241

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Downey, CA 90241

Tue Feb 19 2019
This week the median list price for Downey, CA 90241 is $698,750 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 58. Click here to stay informed with the Downey 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 Buyer'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.

Downey, CA 90241

Tue Feb 19 2019
This week the median list price for Downey, CA 90241 is $698,750 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 58. Click here to stay informed with the Downey 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 Buyer'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 Downey market.
Median List Price $698,750
Per Square Foot $375
Days on Market 102
Price Decreased 41%
Price Increased 3%
Relisted 14%
Inventory 58
Median House Rent $5,495
Most Expensive $1,449,000
Least Expensive $465,000
Market Action Index
Slight Buyer's Advantage
28

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$937,450 2,789 6,500 - 8,000 sqft 4 3 67 4 1 111
$749,500 2,145 6,500 - 8,000 sqft 3 2 66 2 0 87
$669,900 1,731 6,500 - 8,000 sqft 3 2 67 1 1 91
$560,000 1,358 4,500 - 6,500 sqft 3 2 69 0 2 119