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Pickford Escrow - Los Angeles Exec Summary (SF) - CA - LOS ANGELES - 90004
Pickford Escrow - Los Angeles Exec Summary (SF) - CA - LOS ANGELES - 90004
This Week
Real-Time Market Profile Trend
Median List Price $ 734,900 ≠≠
Asking Price Per Square Foot $ 402 ≠≠
The median list price in LOS ANGELES, CA 90004 this week is Average Days on Market (DOM) 134 ≠≠
$734,900.
Percent of Properties with Price Decrease 30 %
Percent Relisted (reset DOM) 44 %
With inventory trending up but days-on-market trending down and
the Market Action Index essentially flat recently, conditions do not Percent Flip (price increased) 4%
seem to have strong up or down pull. Median House Size (sq ft) 2094
Median Lot Size 6,501 - 8,000 sqft
Median Number of Bedrooms 3.0
Median Number of Bathrooms 2.0
The market has settled in at a relative stasis in inventory and sales ±+ No change == Strong upward trend ≠≠ Strong downward trend
conditions. It's a Buyer's market that has seen prices trend lower.
Expect that consistent up trends in demand will be required before = Slight upward trend ≠ Slight downward trend
price trends change significantly.
Price
Market Action Index 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.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
6,501 -
Upper/Second $ 1,027,000 2132 8,000 sqft 3.0 2.6 90 18 4 6 90 Upper-middle 25% of properties
6,501 -
Lower/Third $ 596,500 1674 8,000 sqft 3.0 2.0 93 18 2 2 191 Lower-middle 25% of properties
4,501 -
Bottom/Fourth $ 399,950 1503 6,500 sqft 3.0 2.0 94 18 3 3 148 Least expensive 25% of properties
Pickford Escrow
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