Deric Rangell

Los Angeles, CA 90016

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90016

Mon Nov 18 2019
This week the median list price for Los Angeles, CA 90016 is $1,049,000 with the market action index hovering around 58. This is an increase over last month's market action index of 54. Inventory has held steady at or around 23. 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.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Los Angeles, CA 90016

Mon Nov 18 2019
This week the median list price for Los Angeles, CA 90016 is $1,049,000 with the market action index hovering around 58. This is an increase over last month's market action index of 54. Inventory has held steady at or around 23. 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.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $1,049,000
Per Square Foot $626
Days on Market 73
Price Decreased 26%
Price Increased 4%
Relisted 9%
Inventory 23
Median Rent $3,495
Most Expensive $1,690,000
Least Expensive $550,000
Market Action 58
Strong Seller's Market

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$1,499,900 2,616 6,500 - 8,000 sqft 4 2 94 0 1 119
$1,149,500 1,841 4,500 - 6,500 sqft 3 2 79 0 1 82
$954,000 1,588 4,500 - 6,500 sqft 3 1 97 2 1 45
$689,000 893 0 - 4,500 sqft 2 0 96 1 0 52