Real Estate Market Update for 90062 (Los Angeles, CA)

Video: Real Estate Community Tour for 90062 (Los Angeles, CA)

See Real estate community tour for 90062 (Los Angeles, CA)
Welcome to April'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 41% from one year earlier, and up 11% 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 just over 360-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 13%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 360-thousand dollars. The number of units sold increased 67% year-over-year, and increased 100% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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 90062 (Los Angeles, CA)
Area Information for 90062 (Los Angeles, CA)
  • Population: 31,772
  • Median Age: 31.62 yr
  • Median Commute Time: 30.83 mins
  • Educational Climate*: 2
  • Sales Tax: 9%
  • Population Density: 16,430/sq mi
  • Population Change Since 2000: 12.27%
  • Closest Airport: Los Angeles International
  • Closest College: University Of Southern California
  • Closest Jr. College: Los Angeles Trade-technical College
  • Median Household Income: $34,887
  • Annual Residential Turnover: 17.31%
  • Median Years in Residence: 3.26 yr
  • Median Home Sales Price: $230,000
  • Closest Major Sports Team: Los Angeles Kings
  • Change Avg. Household Income Since 2000: 31%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 90062 (Los Angeles, CA)
Median Age: 31.62 Married: 18% Number of Households: 8,871 Households with Children: 4,027
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 90062 (Los Angeles, CA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Barack Obama Global Preparation Academy 0.1 mi Public 6-8 1 2
      Little Citizens Westside Academy 0.1 mi Private 6-12 0 3
      Apple Academy Charter Public 0.4 mi Public K-5 0 0
      Garr Academy Of Math And Entrepreneurial Studies 0.5 mi Public K-5 2 3
      Creative Learning Center 0.5 mi Private PRESCHOOL-K 0 5
      Kipp Scholar Academy 0.5 mi Public - 0 0
      Martin Luther King Jr. Elementary School 0.5 mi Public K-5 1 3
      Western Avenue Elementary School 0.7 mi Public PRESCHOOL-5 1 4
      Testimonial Christian School 0.9 mi Private PRESCHOOL-12 0 3
      Assurance Learning Academy 0.9 mi Public 8-12 0 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: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 90062 (Los Angeles, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.