Deric Rangell

Lakewood, CA 90715

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Lakewood, CA 90715

Tue Feb 19 2019
This week the median list price for Lakewood, CA 90715 is $559,900 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 11. 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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Lakewood, CA 90715

Tue Feb 19 2019
This week the median list price for Lakewood, CA 90715 is $559,900 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 11. 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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Lakewood market.
Median List Price $559,900
Per Square Foot $453
Days on Market 107
Price Decreased 36%
Price Increased 0%
Relisted 9%
Inventory 11
Median House Rent $2,395
Most Expensive $740,000
Least Expensive $480,000
Market Action Index
Slight Seller's Advantage
34

Prices in this zip code seem to have settled around a 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
$695,000 2,039 4,500 - 6,500 sqft 4 3 59 0 0 108
$579,820 1,102 4,500 - 6,500 sqft 3 2 82 0 0 207
$550,000 1,050 4,500 - 6,500 sqft 3 2 63 1 0 14
$500,000 1,102 4,500 - 6,500 sqft 3 1 56 0 0 100