Deric Rangell

Los Angeles, CA 90035

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90035

Mon Jun 17 2019
This week the median list price for Los Angeles, CA 90035 is $1,895,000 with the market action index hovering around 45. This is less than last month's market action index of 49. Inventory has held steady at or around 19. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Los Angeles, CA 90035

Mon Jun 17 2019
This week the median list price for Los Angeles, CA 90035 is $1,895,000 with the market action index hovering around 45. This is less than last month's market action index of 49. Inventory has held steady at or around 19. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $1,895,000
Per Square Foot $884
Days on Market 73
Price Decreased 21%
Price Increased 11%
Relisted 11%
Inventory 19
Median House Rent $7,950
Most Expensive $4,149,000
Least Expensive $850,000
Market Action Index
Strong Seller's Market
45

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$3,745,000 5,460 6,500 - 8,000 sqft 5 5 2 0 0 80
$2,150,000 1,818 6,500 - 8,000 sqft 3 1 82 1 0 58
$1,885,000 1,909 4,500 - 6,500 sqft 3 2 92 1 1 42
$1,095,000 1,504 4,500 - 6,500 sqft 3 1 90 0 0 113