Justin Tye

Lomita, CA

Single-Family Homes

Active Realty I REAL



Lomita, CA

Fri May 24 2024
This week the median list price for Lomita, CA is $1,249,500 with the market action index hovering around 68. This is an increase over last month's market action index of 63. Inventory has increased to 6. Click here to stay informed with the Lomita market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Lomita, CA

Fri May 24 2024
This week the median list price for Lomita, CA is $1,249,500 with the market action index hovering around 68. This is an increase over last month's market action index of 63. Inventory has increased to 6. Click here to stay informed with the Lomita market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Lomita market.
Median List Price $1,249,500
Median Price of New Listings $1,312,500
Per Square Foot $534
Average Days on Market 28
Median Days on Market 7
Price Decreased 0%
Price Increased 17%
Relisted 0%
Inventory 6
Median Rent
Market Action 68
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,395,000 2,384 6,500 - 8,000 sqft 4 3 56 0 0 14
$1,375,000 2,637 6,500 - 8,000 sqft 4 4 NaN 1 1 0
$1,249,500 2,220 4,500 - 6,500 sqft 3 3 37 1 1 3
$977,500 2,125 6,500 - 8,000 sqft 3 2.5 76 0 2 73