Real Estate Market Update for 90003 (Los Angeles, CA)
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Welcome to January's Market Update. Let's take a look at residential real-estate activity in your area during the month of January. The number of active listings was down 8% from one year earlier and up 7% from the previous month This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month... was 250-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 9% This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 230-thousand dollars. The number of units sold Decreased 62% year-over-year and Decreased 40% month-over-month Fewer sales may be indicating more opportunity for buyers to negotiate better sales terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 90003 (Los Angeles, CA)
Area Information for 90003 (Los Angeles, CA)
  • Community Character: High Percentage of Family Households, Growing Population, Moderate Residential Turnover
  • Population: 66,510
  • Median Age: 33.4 yr
  • Median Commute Time: 29.31 mins
  • Educational Climate*: 1
  • Recycling Likelihood**: 88
  • Sales Tax: 5%
  • Population Density: 18,937/sq mi
  • Population Change Since 2000: 13%
  • Closest Airport: Los Angeles International
  • Closest College: Charles R Drew U Of Med-sci
  • Closest Jr. College: Los Angeles Southwest College
  • Median Household Income: $30,919
  • Annual Residential Turnover: 19.78%
  • Median Years in Residence: 2.68 yr
  • Median Home Sales Price: $179,000
  • Closest Major Sports Team: Los Angeles Clippers / Los Angeles Lakers / Los Angeles Kings
  • Change Avg. Household Income Since 2000: 38%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for 90003 (Los Angeles, CA)
Median Age: 33.4 Married: 28% Number of Households: 15,869 Households with Children: 9,765
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 90003 (Los Angeles, CA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Family Gathering Basic Christian 0.3 mi Private PRESCHOOL-10 0 0
      Heavenly Vision Education 0.3 mi Private PRESCHOOL-K 0 0
      John Hope Continuation School 0.4 mi Public 9-12 0 0
      John C. Fremont Senior High School 0.4 mi Public 9-12 1 2
      South Park Elementary School 0.4 mi Public K-6 1 3
      Seventy-fifth Street Elementary School 0.5 mi Public PRESCHOOL-6 1 0
      Mother Of Sorrows School 0.5 mi Private PRESCHOOL-8 0 0
      Dr. Owen Lloyd Knox Elementary School 0.7 mi Public K-6 1 0
      Mary Mcleod Bethune Middle School 0.9 mi Public 5-9 1 3
      Ninety-third Street Elementary School 0.9 mi Public PRESCHOOL-6 1 3
      Sixty-sixth Street Elementary School 1.0 mi Public K-6 2 1
      Watts Learning Center 1.1 mi Public K-5 3-5 4
      St. Columbkille Elementary School 1.1 mi Private PRESCHOOL-8 0 5
      Charles W. Barrett Elementary School 1.3 mi Public K-5 1 4
      Sixty-first Street Elementary School 1.5 mi Public PRESCHOOL-6 2 5
      Sheenway School And Culture Center 1.5 mi Private 1-3 0 0
      Aspire Inskeep Academy Charter 1.5 mi Public K-6 0 0
      Rdb Academy - A School For Learning 1.7 mi Private K-10 0 3
      One Hundred Seventh Street Elementary School 1.8 mi Public PRESCHOOL-5 1 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics 2014
      Local Weather for 90003 (Los Angeles, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.