Market Trend Report: for Los Feliz, CA 90027 a section of Los Angeles according to the latest data from Altos Research. As most of you who read my Market Trend Reports I am partial to their information. It is always timely up to date and accurate.
As of Monday, March 06, 2023:
This week the median list price for Los Angeles, CA 90027 is $3,045,000 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has increased to 22.
While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
Real-Time Market Profile
Median List Price | $3,045,000 | |
Median Price of New Listings | $1,400,000 | |
Per Square Foot | $988 | |
Average Days on Market | 71 | |
Median Days on Market | 46 | |
Price Decreased | 18% | |
Price Increased | 9% | |
Relisted | 5% | |
Inventory | 22 | |
Median Rent | $6,500 | |
Market Action | 42 | |
Slight Seller's Advantage |
Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly! If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach out to me directly!! If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 ( m) homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com I contribute a portion of my commission to local animal rescue organizations. Endre Barath, Jr. Realtor at Berkshire Hathaway HomeServices California Properties DRE#01238708
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