Your Local Market Report

Lakewood, CA

Single-Family Homes



Lakewood, CA

Mon May 17 2021
This week the median list price for Lakewood, CA is $785,000 with the market action index hovering around 97. This is about the same as last month's market action index of 97. Inventory has decreased to 25. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Lakewood, CA

Mon May 17 2021
This week the median list price for Lakewood, CA is $785,000 with the market action index hovering around 97. This is about the same as last month's market action index of 97. Inventory has decreased to 25. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Lakewood market.
Median List Price $785,000
Median Price of New Listings $762,200
Per Square Foot $510
Average Days on Market 18
Median Days on Market 7
Price Decreased 12%
Price Increased 0%
Relisted 4%
Inventory 25
Median Rent $3,000
Market Action 97
Strong Seller's Market

The market appears to be hovering around these current levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$889,499 1,705 4,500 - 6,500 sqft 3 2 72 1 1 14
$796,500 1,693 4,500 - 6,500 sqft 3 2 68 1 1 10
$747,950 1,533 4,500 - 6,500 sqft 3 2 72 2 5 7
$710,000 1,210 4,500 - 6,500 sqft 3 1 69 4 5 0