Pango Group

Lawndale, CA 90260

Single-Family Homes

www.pangogroup.com


Lawndale, CA 90260

Sat Jul 27 2024
This week the median list price for Lawndale, CA 90260 is $890,000 with the market action index hovering around 55. This is an increase over last month's market action index of 51. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Lawndale, CA 90260

Sat Jul 27 2024
This week the median list price for Lawndale, CA 90260 is $890,000 with the market action index hovering around 55. This is an increase over last month's market action index of 51. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Lawndale market.
Median List Price $890,000
Median Price of New Listings $798,980
Per Square Foot $642
Average Days on Market 35
Median Days on Market 28
Price Decreased 14%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 55
Strong Seller's Market

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

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
$989,000 2,223 0 - 4,500 sqft 3 3 41 0 0 7
$899,450 1,215 4,500 - 6,500 sqft 3 1.5 85 0 0 73
$889,447 1,286 4,500 - 6,500 sqft 3 2 73 0 0 31
$748,990 1,221 4,500 - 6,500 sqft 2 1.5 77 1 1 14