This Week’s Market Overview
The median list price for Los Angeles, CA 90035 is $2,445,000, with the Market Action Index (MAI) at 42, reflecting a slight seller’s advantage. Inventory has dropped to 14 homes, tightening the local market compared to last month.
Market Action Index
The Market Action Index gauges the balance between supply and demand:
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Current MAI: 42 (Slight Seller’s Advantage)
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Last Month’s MAI: 44
Although the MAI has declined slightly, the market remains in seller’s territory. If demand continues to soften, conditions could eventually push toward a buyer’s advantage.
Market Narrative
Market activity in 90035 has been cooling in recent weeks. While prices have not yet started to decline, continued slack demand could eventually lead to downward price adjustments. The market remains above the buyer’s threshold for now, but if the MAI continues to trend downward, expect pricing pressure to build.
Real-Time Market Profile
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Median List Price: $2,445,000
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Median Price of New Listings: $0
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Price per Square Foot: $960
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Average Days on Market: 136
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Median Days on Market: 63
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Price Decreased: 36% of listings
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Price Increased: 0% of listings
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Relisted Properties: 14%
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Inventory: 14 properties
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Median Rent: $6,698/month
Market Segments
Los Angeles 90035 listings are divided into four pricing segments:
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $3,499,500 | 3,623 | 4,500 - 6,500 sqft | 5 | 4.8 | 49 | 0 | 1 | 112 |
| $2,749,000 | 2,200 | 4,500 - 6,500 sqft | 3 | 2 | 79 | 0 | 1 | 28 |
| $2,094,500 | 2,524 | 6,500 - 8,000 sqft | 3 | 2.5 | 89 | 0 | 1 | 154 |
| $1,089,000 | 1,625 | 0 - 4,500 sqft | 3 | 2 | 88 | 0 | 0 | 63 |
Conclusion
Los Angeles 90035 remains a slight seller’s market, though conditions are cooling. If the MAI continues to slip and demand weakens further, pricing may face downward pressure. Buyers could find opportunities here if inventory remains low and sellers become more motivated.
Contact Information
For expert insights and exclusive property opportunities in Los Angeles, contact:
📞 Andrew Spitz: (818) 453-9119 | ✉️ [email protected]
📞 Fran Chavez: (818) 517-1411 | ✉️ [email protected]
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