Real Estate Market Update for 90031 (Los Angeles, CA)

Video: Real Estate Community Tour for 90031 (Los Angeles, CA)

See Real estate community tour for 90031 (Los Angeles, CA)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 37% from one year earlier, and down 23% 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 over 500-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 12%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 540-thousand dollars. The number of units sold decreased 70% year-over-year, and increased 50% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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 90031 (Los Angeles, CA)
Area Information for 90031 (Los Angeles, CA)
  • Population: 40,728
  • Median Age: 35.01 yr
  • Median Commute Time: 28 mins
  • Educational Climate*: 2
  • Sales Tax: 9%
  • Population Density: 11,791/sq mi
  • Population Change Since 2000: 6.55%
  • Closest Airport: Bob Hope
  • Closest College: Southern Ca Institute Of Architecture
  • Closest Jr. College: Fashion Institute Of Design
  • Median Household Income: $37,000
  • Annual Residential Turnover: 11%
  • Median Home Sales Price: $435,000
  • Closest Major Sports Team: Los Angeles Dodgers
  • Change Avg. Household Income Since 2000: 33.78%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 90031 (Los Angeles, CA)
Median Age: 35.01 Married: 33% Number of Households: 11,603 Households with Children: 4,232
    • 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 90031 (Los Angeles, CA)

      School Name Distance Type Grades School Rating Parent Rating
      Los Angeles Leadership Academy 0.2 mi Public 6-8 2 3
      Los Angeles Leadership Primary Academy 0.2 mi Public K-5 1 0
      Little Flower Educational Child Care 0.3 mi Private PRESCHOOL-K 0 0
      Pueblo De Los Angeles Continuation School 0.3 mi Public 9-12 0 0
      Leadership In Entertainment And Media Arts (lema) 0.5 mi Public 9-12 1 3
      Abraham Lincoln Senior High School 0.5 mi Public 9-12 3 3
      Gates Street Elementary School 0.5 mi Public K-5 1 0
      Hillside Elementary School 0.5 mi Public PRESCHOOL-5 1 0
      Glen Alta Elementary School 0.6 mi Public K-8 2 0
      Sacred Heart High School 0.7 mi Catholic 9-12 0 0
      Sacred Heart Elementary School 0.7 mi Catholic K-8 0 0
      Griffin Avenue Elementary School 0.8 mi Public K-5 1 0
      East College Prep 0.8 mi Public 9-12 0 0
      Alliance Susan And Eric Smidt Technology High School 0.8 mi Public 9-12 3 4
      Alliance College-ready Middle Academy No. 5 0.8 mi Public 6-8 1 4
      East Los Angeles Skills Center 0.9 mi Public UNGRADE-UNGRADE 0 0
      Latona Avenue Elementary School 0.9 mi Public PRESCHOOL-6 2 0
      Academy Of Environmental & Social Policy (esp) At Roosevelt High 0.9 mi Public 9-12 2 4
      Albion Street Elementary School 1.0 mi Public K-6 1 0
      Excel Charter Academy 1.1 mi Public 6-8 1 4
      Puc Milagro Charter School 1.1 mi Public K-5 4 0
      Dorris Place Elementary School 1.9 mi Public PRESCHOOL-6 3 0
      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 90031 (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.