Deric Rangell

Downey, CA 90240

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Downey, CA 90240

Tue Jun 18 2019
This week the median list price for Downey, CA 90240 is $759,000 with the market action index hovering around 47. This is less than last month's market action index of 49. Inventory has held steady at or around 37. Click here to stay informed with the Downey 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Downey, CA 90240

Tue Jun 18 2019
This week the median list price for Downey, CA 90240 is $759,000 with the market action index hovering around 47. This is less than last month's market action index of 49. Inventory has held steady at or around 37. Click here to stay informed with the Downey 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Downey market.
Median List Price $759,000
Per Square Foot $366
Days on Market 102
Price Decreased 24%
Price Increased 5%
Relisted 8%
Inventory 37
Median House Rent
Most Expensive $3,659,999
Least Expensive $540,000
Market Action Index
Strong Seller's Market
47

We continue to see prices in this zip code bouncing around this plateau. 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
$1,549,950 5,010 0.25 - 0.5 acre 5 4 56 0 1 210
$850,000 2,415 6,500 - 8,000 sqft 4 2 66 1 0 76
$719,995 1,906 4,500 - 6,500 sqft 4 1 68 3 0 39
$609,975 1,592 4,500 - 6,500 sqft 3 1 68 1 1 86