Justin Tye

Lynwood, CA

Single-Family Homes

Active Realty I REAL



Lynwood, CA

Thu Jun 20 2024
This week the median list price for Lynwood, CA is $649,900 with the market action index hovering around 61. This is an increase over last month's market action index of 60. Inventory has increased to 13. Click here to stay informed with the Lynwood market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Lynwood, CA

Thu Jun 20 2024
This week the median list price for Lynwood, CA is $649,900 with the market action index hovering around 61. This is an increase over last month's market action index of 60. Inventory has increased to 13. Click here to stay informed with the Lynwood market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Lynwood market.
Median List Price $649,900
Median Price of New Listings $537,388
Per Square Foot $432
Average Days on Market 67
Median Days on Market 56
Price Decreased 31%
Price Increased 15%
Relisted 8%
Inventory 13
Median Rent
Market Action 61
Strong Seller's Market

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,600,000 4,308 0.25 - 0.5 acre 8 6 74 0 0 91
$749,000 1,435 4,500 - 6,500 sqft 3 3 78 0 0 14
$649,000 969 0 - 4,500 sqft 3 2 76 2 2 0
$475,000 1,189 6,500 - 8,000 sqft 3 1.5 81 2 1 66