Professional Documents
Culture Documents
This Week
Real-Time Market Profile Trend
Median List Price $ 766,950 ≠≠
Asking Price Per Square Foot $ 428 ≠≠
The median list price in LOS ANGELES, CA 90004 this week is Average Days on Market (DOM) 128 ≠≠
$766,950.
Percent of Properties with Price Decrease 32 %
Percent Relisted (reset DOM) 53 %
Inventory is up and Market Action is trending down recently. While
days-on-market appears to be trending lower, the overall Percent Flip (price increased) 4%
conditions are weakening a bit. Median House Size (sq ft) 1899
Median Lot Size 6,501 - 8,000 sqft
Median Number of Bedrooms 3.0
Median Number of Bathrooms 2.0
The market has been consistently cool for several weeks. Demand ±+ No change == Strong upward trend ≠≠ Strong downward trend
level are low relative to the available inventory. It's a Buyer's
market and prices continue to fall. Look for a persistent shift in = Slight upward trend ≠ Slight downward trend
Market Action before prices plateau or begin to rise again.
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 $ 949,500 1590 8,000 sqft 3.0 2.0 89 18 3 1 91 Upper-middle 25% of properties
6,501 -
Lower/Third $ 599,500 1735 8,000 sqft 3.0 2.0 94 18 1 0 231 Lower-middle 25% of properties
4,501 -
Bottom/Fourth $ 399,475 1503 6,500 sqft 3.0 2.0 94 18 2 0 90 Least expensive 25% of properties
Pickford Escrow
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2010 Altos Research LLC