Pango Group

Lawndale, CA 90260

Single-Family Homes

www.pangogroup.com



Lawndale, CA 90260

Sat Jun 10 2023
This week the median list price for Lawndale, CA 90260 is $799,000 with the market action index hovering around 53. This is less than last month's market action index of 63. Inventory has increased to 7. Click here to stay informed with the Lawndale market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since 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.

Lawndale, CA 90260

Sat Jun 10 2023
This week the median list price for Lawndale, CA 90260 is $799,000 with the market action index hovering around 53. This is less than last month's market action index of 63. Inventory has increased to 7. Click here to stay informed with the Lawndale market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since 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 Lawndale market.
Median List Price $799,000
Median Price of New Listings $700,000
Per Square Foot $634
Average Days on Market 48
Median Days on Market 14
Price Decreased 14%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 53
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing 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
$1,195,000 1,882 0 - 4,500 sqft 3 3 42 0 0 56
$862,500 1,428 4,500 - 6,500 sqft 3 1.5 71 0 1 126
$774,450 1,109 0 - 4,500 sqft 2 1.5 72 0 0 10
$689,999 889 0 - 4,500 sqft 2 1.5 66 1 0 3