Real Estate Market Update for 90094 (Los Angeles, CA)

Video: Real Estate Community Tour for 90094 (Los Angeles, CA)

See Real estate community tour for 90094 (Los Angeles, CA)
Welcome to March's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was up 50% from one year earlier, and up 50% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was 710-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up nearly 300%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 900-thousand dollars. The number of units sold decreased 33% year-over-year, and decreased 60% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better 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.
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Map Information for 90094 (Los Angeles, CA)
Area Information for 90094 (Los Angeles, CA)
  • Population: 5,519
  • Median Age: 32.61 yr
  • Median Commute Time: 22.96 mins
  • Sales Tax: 9%
  • Population Density: 9,032/sq mi
  • Population Change Since 2000: 1151.47%
  • Closest Airport: Los Angeles International
  • Closest College: Otis College Of Art And Design
  • Closest Jr. College: Ryokan College
  • Median Household Income: $77,641
  • Annual Residential Turnover: 47.75%
  • Median Years in Residence: 1.09 yr
  • Median Home Sales Price: $549,000
  • Closest Major Sports Team: Los Angeles Kings
  • Change Avg. Household Income Since 2000: 40%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 90094 (Los Angeles, CA)
Median Age: 32.61 Married: 25% Number of Households: 2,976 Households with Children: 475
    • 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
      Local Weather for 90094 (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.