Deric Rangell

Lakewood, CA 90712

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Lakewood, CA 90712

Sat Aug 17 2019
This week the median list price for Lakewood, CA 90712 is $619,000 with the market action index hovering around 70. This is an increase over last month's market action index of 67. Inventory has held steady at or around 29. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Lakewood, CA 90712

Sat Aug 17 2019
This week the median list price for Lakewood, CA 90712 is $619,000 with the market action index hovering around 70. This is an increase over last month's market action index of 67. Inventory has held steady at or around 29. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Lakewood market.
Median List Price $619,000
Per Square Foot $462
Days on Market 31
Price Decreased 34%
Price Increased 0%
Relisted 3%
Inventory 29
Median House Rent $2,595
Most Expensive $1,450,000
Least Expensive $495,000
Market Action Index
Strong Seller's Market
70

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
$869,000 2,419 4,500 - 6,500 sqft 4 1 61 2 1 15
$675,000 1,508 4,500 - 6,500 sqft 3 1 69 2 2 25
$599,000 1,203 4,500 - 6,500 sqft 3 0 69 2 0 47
$539,500 948 4,500 - 6,500 sqft 2 0 69 3 3 36