Detached townhomes in Lawndale

May Home Sales and House Prices for Lawndale Real Estate

May was a slow month for home sales in Lawndale, CA but certainly not nearly as slow as some other nearby cities and communities.  There were 5 on market home sales during the month.

View the current Lawndale homes for sale

Type Address Price $ Per Foot Bed/Bath Sq Feet Year Built
SFR/D 3713 W 157th ST $560,000 $389.43 5/1,0,0,0 1438/A 1952/ASR
SFR/D 15322 Cordary AVE $725,000 $694.44 3/1,0,0,0 1044/A 1951/ASR
SFR/D 14531 Burin AVE $635,000 $295.35 3/2,0,1,0 2150/A 1989/ASR
TWNHS/A 16714 Inglewood AVE #B $780,000 $378.64 4/3,0,0,0 2060/A 2007/ASR
TWNHS/D 4547 W 171st ST $785,000 $328.73 4/2,0,1,0 2388/A 1989/ASR

By The Numbers – April 2020 Home Sales and Home Prices for Lawndale CA

Lawndale home sales and prices for April 2020 - real estate market update

The April numbers are in and, not surprisingly, it was a slow month for real estate and home sales in Lawndale CA.  We saw only 5 home sales in April compared with 9 sales in April 2019.  The median list price was $700,000 with the median “sold” price at $725,000 meaning that homes sold well higher than the asking price indicating a strong sellers market even with the coronavirus slow down.

Home For Sale in April 2020: 16 
• Up 6.7% compared to last month
• Up 33.3% compared to last year

Home Closed in April 2020: 5.
• Down 61.5% compared to last month
• Down 44.4% compared to last year

Home Placed under Contract in April 2020: 7.
• Up 75% compared to last month
• Down 41.7% compared to last year

 

Type
Address
Price
$ Per Foot
Bed/Bath
Sq Feet
Year Built
SFR/D
3713 W
157th ST
$560,000
$389.43
5/1,0,0,0
1438/A
1952/ASR
SFR/D
15322
Cordary AVE  
$725,000
$694.44
3/1,0,0,0
1044/A
1951/ASR
SFR/D
14531
Burin AVE
$635,000
$295.35
3/2,0,1,0
2150/A
1989/ASR
TWNHS/A
16714
Inglewood AVE   #B
$780,000
$378.64
4/3,0,0,0
2060/A
2007/ASR
TWNHS/D
4547 W
171st ST
$785,000
$328.73
4/2,0,1,0
2388/A
1989/ASR

After A Big Jump In Pending Home Sales – Real Estate Slowed by Corona Virus Impacts

We saw a very impressive jump in the number of home going into escrow with both month over month numbers increasing dramatically in 2020.  That seems to have changed quickly with the impacts of the Corona virus on the Lawndale housing market.  While that’s not great news for home sellers, it certainly will present opportunties for home buyers in the area.  Acoording to South Bay realtor and Lawndale specialist Keith Kyle, “it’s inevitable that the very hot market doesn’t slow down a bit as it becomes harder to get financing and buyers income situation’s become less clear”.

Take a look at the chart below to see the “active” listings each month along with pending sales (red line) and closed sales.  The pending sales went up both January and February by quite a bit, but March saw the beginnings of the impact.

ARE YOU INTERESTED

IT'S TIME TO DISCOVER

the homes of Lawndale California

vista sotheby's

Vista Sotheby’s is one of the leading real estate firms in Lawndale and the South Bay with offices throughout Southern California.  Local market knowlege combined with the vast international reach of Sotheby’s makes for the very finest in Lawndale real estate

ADDRESS:

2501 N Sepulveda Blvd., Manhattan Beach CA, 90266

Phone:

310-251-2344

E-mail:

keith@keithkylehomes.com

CONTACT AGENT

Top realtor in Lawndale CA Keith Kyle with Vista Sotheby's International
Lawndale Specialist

Keith Kyle

DRE#01712785

Lawndale Homes for sale All rights reserved. Information on this site deemed reliable but not guaranteed.  

Please see our pledge to web accessibility