Deric Rangell

Lakewood, CA 90712

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Lakewood, CA 90712

Tue Oct 15 2019
This week the median list price for Lakewood, CA 90712 is $639,900 with the market action index hovering around 80. This is an increase over last month's market action index of 76. Inventory has held steady at or around 19. Click here to stay informed with the Lakewood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

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 90712

Tue Oct 15 2019
This week the median list price for Lakewood, CA 90712 is $639,900 with the market action index hovering around 80. This is an increase over last month's market action index of 76. Inventory has held steady at or around 19. Click here to stay informed with the Lakewood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

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 $639,900
Per Square Foot $392
Days on Market 38
Price Decreased 32%
Price Increased 5%
Relisted 5%
Inventory 19
Median House Rent $2,773
Most Expensive $874,900
Least Expensive $524,000
Market Action Index
Strong Seller's Market
80

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
$794,000 2,280 4,500 - 6,500 sqft 3 2 64 0 2 26
$725,000 1,834 4,500 - 6,500 sqft 4 1 69 0 0 58
$629,000 1,566 4,500 - 6,500 sqft 3 1 69 1 1 35
$580,000 1,098 4,500 - 6,500 sqft 3 0 69 3 3 28