Deric Rangell

Los Angeles, CA 90010

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Current active inventory in Los Angeles, CA 90010 is very low. Keep this in mind when looking at this report.

Los Angeles, CA 90010

Sat Aug 17 2019
This week the median list price for Los Angeles, CA 90010 is $1,750,000 with the market action index hovering around 18. This is less than last month's market action index of 23. Inventory has held steady at or around 3. 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

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Los Angeles, CA 90010

Sat Aug 17 2019
This week the median list price for Los Angeles, CA 90010 is $1,750,000 with the market action index hovering around 18. This is less than last month's market action index of 23. Inventory has held steady at or around 3. 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

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $1,750,000
Per Square Foot $736
Days on Market 135
Price Decreased 67%
Price Increased 0%
Relisted 0%
Inventory 3
Median House Rent $7,500
Most Expensive $3,900,000
Least Expensive $1,595,000
Market Action Index
Slight Buyer's Advantage
18

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently 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
$1,750,000 2,429 0.25 - 0.5 acre 4 3 1 0 0 135
$3,900,000 3,330 6,500 - 8,000 sqft 6 2 101 0 0 329
$1,750,000 2,429 0.25 - 0.5 acre 4 3 1 0 0 56
$1,595,000 2,166 0.25 - 0.5 acre 3 3 1 0 0 21