Deric Rangell

Los Angeles, CA 90016

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90016

Sat Dec 07 2019
This week the median list price for Los Angeles, CA 90016 is $965,000 with the market action index hovering around 60. This is an increase over last month's market action index of 58. Inventory has held steady at or around 21. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Los Angeles, CA 90016

Sat Dec 07 2019
This week the median list price for Los Angeles, CA 90016 is $965,000 with the market action index hovering around 60. This is an increase over last month's market action index of 58. Inventory has held steady at or around 21. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $965,000
Per Square Foot $585
Days on Market 59
Price Decreased 10%
Price Increased 5%
Relisted 0%
Inventory 21
Median Rent $4,348
Most Expensive $1,690,000
Least Expensive $620,000
Market Action 60
Strong Seller's Market

While the median price in this zip code hasn’t moved much in the last few weeks, 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 5 3 96 0 0 64
$1,050,000 1,748 6,500 - 8,000 sqft 3 1 94 0 3 95
$919,000 1,570 4,500 - 6,500 sqft 3 1 79 3 2 56
$687,500 1,085 4,500 - 6,500 sqft 2 0 95 4 3 25