Real Estate Market Update for 90005 (Los Angeles, CA)

Video: Real Estate Community Tour for 90005 (Los Angeles, CA)

See Real estate community tour for 90005 (Los Angeles, CA)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 17% from one year earlier, and down 37% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 750-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up nearly 1500%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 400-thousand dollars. The number of units sold was consistent year-over-year, and increased 100% month-over-month. These latest figures could indicate that more buyers have been finding what they're looking for. 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.
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Map Information for 90005 (Los Angeles, CA)
Area Information for 90005 (Los Angeles, CA)
  • Population: 38,419
  • Median Age: 36.1 yr
  • Median Commute Time: 34 mins
  • Educational Climate*: 3
  • Sales Tax: 9%
  • Population Density: 35,441/sq mi
  • Population Change Since 2000: -7.64%
  • Closest Airport: Bob Hope
  • Closest College: California Design College
  • Closest Jr. College: Bryman College-los Angeles
  • Median Household Income: $35,325
  • Annual Residential Turnover: 13%
  • Median Home Sales Price: $630,000
  • Closest Major Sports Team: Los Angeles Clippers
  • Change Avg. Household Income Since 2000: 43.89%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 90005 (Los Angeles, CA)
Median Age: 36.1 Married: 28% Number of Households: 15,167 Households with Children: 4,032
    • 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 90005 (Los Angeles, CA)

      School Name Distance Type Grades School Rating Parent Rating
      St. James Episcopal School 0.2 mi Private PRESCHOOL-6 0 0
      Wilton Place Elementary School 0.3 mi Public PRESCHOOL-5 2 0
      Wilshire Park Elementary School 0.3 mi Public K-5 3 0
      Camino Nuevo Academy #2 0.4 mi Public K-8 4 0
      Rfk Community Schools - Ambassador School - Global Education 0.7 mi Public K-5 2 0
      Rfk Community Schools-new Open World Academy K-12 0.7 mi Public K-12 1 0
      Ucla Community School 0.7 mi Public K-12 3 0
      Rfk Community Schools-los Angeles High School Of The Arts 0.8 mi Public 9-12 2 4
      Rfk Community Schools-ambassador-global Leadership 0.8 mi Public 6-12 2 3
      Rfk Community Schools- For The Visual Arts And Humanities 0.8 mi Public 9-12 3 4
      University Preparatory Value High 0.9 mi Public 9-12 0 0
      Young Oak Kim Academy 1.2 mi Public 6-8 1 0
      Green Pastures Cultivation Academy 1.2 mi Private 8-12 0 0
      Everest Value 1.3 mi Public K-8 0 0
      Equitas Academy Charter #2 1.5 mi Public 5-8 3 0
      Equitas Academy Charter #3 1.5 mi Public K-4 0 0
      Hoover Street Elementary School 1.5 mi Public PRESCHOOL-5 3 0
      John Burroughs Middle School 1.5 mi Public 6-8 4 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: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for 90005 (Los Angeles, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.