Fri May 27 2022
This week the median list price for Los Angeles, CA 90041 is $1,399,000 with the market action index hovering around 82. This is an increase over last month's market action index of 80. Inventory has decreased to 9.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$1,399,000|
|Median Price of New Listings||$999,900|
|Per Square Foot||$783|
|Average Days on Market||14|
|Median Days on Market||0|
|Strong Seller's Market|
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.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,997,500||2,591||8,000 - 10,000 sqft||4||3.5||39||1||2||31|
|$1,599,499||2,313||0.25 - 0.5 acre||3||3||67||0||1||10|
|$1,248,500||1,909||6,500 - 8,000 sqft||3||2.5||99||1||0||21|
|$935,000||962||0 - 4,500 sqft||2||1||97||3||2||0|