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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 $ 799,000 ±+
Asking Price Per Square Foot $ 432 ≠≠
The median list price in LOS ANGELES, CA 90004 this week is Average Days on Market (DOM) 112 ==
$799,000.
Percent of Properties with Price Decrease 38 %
Percent Relisted (reset DOM) 30 %
Inventory has been lightening lately and the Market Action Index
has been trending up. Though days-on-market is increasing, these Percent Flip (price increased) 3%
are mildly positive indications for the market. Median House Size (sq ft) 1878
Median Lot Size 6,501 - 8,000 sqft
Median Number of Bedrooms 3.0
Median Number of Bathrooms 2.0
Home sales have been exceeding new inventory for several weeks. ±+ No change == Strong upward trend ≠≠ Strong downward trend
Since this is a Buyer's market prices are not yet moving higher as
excess inventory is consumed. However, as the supply and demand = Slight upward trend ≠ Slight downward trend
trends continue, the market moves into the Seller's zone, and we are
likely to see upward pressure on pricing.
Price
Market Action Index 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.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
6,501 -
Upper/Second $ 1,032,000 1985 8,000 sqft 3.0 2.0 89 18 0 1 68 Upper-middle 25% of properties
6,501 -
Lower/Third $ 624,500 1657 8,000 sqft 3.0 2.0 90 18 2 0 134 Lower-middle 25% of properties
4,501 -
Bottom/Fourth $ 400,000 1440 6,500 sqft 3.0 2.0 96 18 1 1 147 Least expensive 25% of properties
Pickford Escrow
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