Deric Rangell

Los Angeles, CA 90041

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90041

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Los Angeles, CA 90041

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $899,000
Per Square Foot $637
Days on Market 55
Price Decreased 18%
Price Increased 6%
Relisted 12%
Inventory 33
Median House Rent $3,700
Most Expensive $1,649,000
Least Expensive $699,000
Market Action Index
Strong Seller's Market
50

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
$1,269,400 2,159 6,500 - 8,000 sqft 3 2 96 0 0 88
$1,094,500 1,569 6,500 - 8,000 sqft 3 1 70 0 0 44
$859,500 1,315 0 - 4,500 sqft 3 1 89 4 3 62
$769,000 1,275 4,500 - 6,500 sqft 3 0 84 2 0 29