Deric Rangell

Los Angeles, CA 90041

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90041

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

Slight Seller's Advantage

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 90041

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

Slight Seller's Advantage

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 $865,900
Per Square Foot $639
Days on Market 92
Price Decreased 35%
Price Increased 10%
Relisted 19%
Inventory 31
Median House Rent $4,350
Most Expensive $1,750,000
Least Expensive $569,000
Market Action Index
Slight Seller's Advantage
40

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,599,999 2,810 8,000 - 10,000 sqft 4 3 26 0 0 68
$949,450 1,469 6,500 - 8,000 sqft 3 1 69 0 2 80
$771,950 1,368 0 - 4,500 sqft 2 1 93 1 1 119
$637,500 714 4,500 - 6,500 sqft 2 0 94 0 0 99