Deric Rangell

Los Angeles, CA 90016

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90016

Tue Feb 19 2019
This week the median list price for Los Angeles, CA 90016 is $849,900 with the market action index hovering around 50. This is an increase over last month's market action index of 45. Inventory has held steady at or around 20. 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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Los Angeles, CA 90016

Tue Feb 19 2019
This week the median list price for Los Angeles, CA 90016 is $849,900 with the market action index hovering around 50. This is an increase over last month's market action index of 45. Inventory has held steady at or around 20. 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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $849,900
Per Square Foot $590
Days on Market 82
Price Decreased 25%
Price Increased 5%
Relisted 10%
Inventory 20
Median House Rent $4,100
Most Expensive $1,300,000
Least Expensive $539,000
Market Action Index
Strong Seller's Market
50

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
$1,200,000 2,096 4,500 - 6,500 sqft 5 2 96 0 1 131
$928,000 1,575 4,500 - 6,500 sqft 3 1 92 0 2 53
$749,999 1,198 4,500 - 6,500 sqft 3 0 94 0 1 57
$669,000 1,118 4,500 - 6,500 sqft 2 0 93 0 1 89