Deric Rangell

Los Angeles, CA 90016

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90016

Mon Apr 22 2019
This week the median list price for Los Angeles, CA 90016 is $824,999 with the market action index hovering around 51. This is an increase over last month's market action index of 48. Inventory has held steady at or around 30. 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

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.

Los Angeles, CA 90016

Mon Apr 22 2019
This week the median list price for Los Angeles, CA 90016 is $824,999 with the market action index hovering around 51. This is an increase over last month's market action index of 48. Inventory has held steady at or around 30. 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

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 Los Angeles market.
Median List Price $824,999
Per Square Foot $611
Days on Market 50
Price Decreased 27%
Price Increased 10%
Relisted 17%
Inventory 30
Median House Rent $1,150
Most Expensive $1,300,000
Least Expensive $475,000
Market Action Index
Strong Seller's Market
51

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
$1,195,000 1,702 4,500 - 6,500 sqft 3 2 92 1 0 56
$895,000 1,610 4,500 - 6,500 sqft 3 1 92 1 1 68
$797,000 1,105 0 - 4,500 sqft 3 1 91 1 1 36
$672,000 1,134 0 - 4,500 sqft 2 0 92 3 1 42