Deric Rangell

Los Angeles, CA 90016

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90016

Sun Aug 18 2019
This week the median list price for Los Angeles, CA 90016 is $900,000 with the market action index hovering around 59. This is less than last month's market action index of 60. Inventory has held steady at or around 27. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Los Angeles, CA 90016

Sun Aug 18 2019
This week the median list price for Los Angeles, CA 90016 is $900,000 with the market action index hovering around 59. This is less than last month's market action index of 60. Inventory has held steady at or around 27. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $900,000
Per Square Foot $577
Days on Market 75
Price Decreased 30%
Price Increased 0%
Relisted 15%
Inventory 27
Median House Rent $2,700
Most Expensive $1,499,900
Least Expensive $600,000
Market Action Index
Strong Seller's Market
59

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.

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
$1,197,500 2,558 6,500 - 8,000 sqft 4 3 94 0 3 117
$1,049,000 1,730 4,500 - 6,500 sqft 4 2 79 2 2 66
$820,000 1,414 4,500 - 6,500 sqft 3 1 93 5 2 5
$675,000 1,035 0 - 4,500 sqft 2 0 92 0 1 121