Deric Rangell

Lakewood, CA 90713

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Lakewood, CA 90713

Tue Feb 19 2019
This week the median list price for Lakewood, CA 90713 is $638,888 with the market action index hovering around 51. This is an increase over last month's market action index of 47. Inventory has held steady at or around 27. Click here to stay informed with the Lakewood market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Lakewood, CA 90713

Tue Feb 19 2019
This week the median list price for Lakewood, CA 90713 is $638,888 with the market action index hovering around 51. This is an increase over last month's market action index of 47. Inventory has held steady at or around 27. Click here to stay informed with the Lakewood market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Lakewood market.
Median List Price $638,888
Per Square Foot $439
Days on Market 44
Price Decreased 33%
Price Increased 0%
Relisted 4%
Inventory 27
Median House Rent $2,695
Most Expensive $765,000
Least Expensive $529,900
Market Action Index
Strong Seller's Market
51

We continue to see prices in this zip code bounce 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
$742,000 2,018 4,500 - 6,500 sqft 3 1 67 1 2 56
$669,000 1,523 4,500 - 6,500 sqft 4 1 69 0 0 66
$610,000 1,496 4,500 - 6,500 sqft 3 1 65 3 1 34
$545,000 1,032 4,500 - 6,500 sqft 2 0 76 3 2 25