Housing Market Report

Lakewood, CA

Single-Family Homes

Michael Del Rosario | CerritosLiving.com



Lakewood, CA

Fri Nov 15 2019
This week the median list price for Lakewood, CA is $649,000 with the market action index hovering around 70. This is an increase over last month's market action index of 69. Inventory has held steady at or around 53. 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

Fri Nov 15 2019
This week the median list price for Lakewood, CA is $649,000 with the market action index hovering around 70. This is an increase over last month's market action index of 69. Inventory has held steady at or around 53. 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 $649,000
Per Square Foot $435
Days on Market 52
Price Decreased 32%
Price Increased 4%
Relisted 9%
Inventory 53
Median Rent $2,800
Most Expensive $1,680,000
Least Expensive $464,750
Market Action 70
Strong Seller's Market

Prices appear to be hovering around their high point. 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
$765,000 2,235 4,500 - 6,500 sqft 4 2 66 1 3 56
$678,000 1,704 4,500 - 6,500 sqft 3 1 67 5 3 38
$629,800 1,368 4,500 - 6,500 sqft 3 1 68 4 5 23
$558,500 1,057 4,500 - 6,500 sqft 3 1 64 4 4 87