Deric Rangell

Lakewood, CA 90715

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Lakewood, CA 90715

Mon Jun 17 2019
This week the median list price for Lakewood, CA 90715 is $579,820 with the market action index hovering around 45. This is an increase over last month's market action index of 40. Inventory has held steady at or around 15. Click here to stay informed with the Lakewood market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Lakewood, CA 90715

Mon Jun 17 2019
This week the median list price for Lakewood, CA 90715 is $579,820 with the market action index hovering around 45. This is an increase over last month's market action index of 40. Inventory has held steady at or around 15. Click here to stay informed with the Lakewood market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Lakewood market.
Median List Price $579,820
Per Square Foot $425
Days on Market 71
Price Decreased 13%
Price Increased 7%
Relisted 7%
Inventory 15
Median House Rent $1,898
Most Expensive $915,000
Least Expensive $500,000
Market Action Index
Strong Seller's Market
45

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$715,000 1,972 4,500 - 6,500 sqft 5 3 NaN 0 0 11
$599,000 1,441 4,500 - 6,500 sqft 3 1 NaN 1 1 84
$557,450 1,313 4,500 - 6,500 sqft 3 2 NaN 2 1 152
$512,000 1,101 4,500 - 6,500 sqft 3 1 NaN 0 1 22