Housing Market Report

Lakewood, CA

Single-Family Homes

Michael Del Rosario | CerritosLiving.com



Lakewood, CA

Thu Aug 06 2020
This week the median list price for Lakewood, CA is $674,950 with the market action index hovering around 82. This is an increase over last month's market action index of 74. Inventory has held steady at or around 30. 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

Thu Aug 06 2020
This week the median list price for Lakewood, CA is $674,950 with the market action index hovering around 82. This is an increase over last month's market action index of 74. Inventory has held steady at or around 30. 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 $674,950
Per Square Foot $445
Days on Market 54
Price Decreased 27%
Price Increased 0%
Relisted 13%
Inventory 30
Median Rent $2,873
Most Expensive $1,624,900
Least Expensive $514,900
Market Action 82
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change 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
$760,000 2,116 4,500 - 6,500 sqft 3 3 59 2 3 36
$711,000 1,737 4,500 - 6,500 sqft 4 2 69 1 5 154
$659,499 1,527 4,500 - 6,500 sqft 3 2 70 2 4 19
$559,950 1,083 4,500 - 6,500 sqft 3 1 64 2 4 18