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.

Detached townhomes in Lawndale

Real Estate Update – March 2020 Home Sales in Lawndale CA

Lawndale real estate market update

March was a busy month for home sales in Lawndale CA. There were 13 homes that sold during the month.  This was a very strong number but the market hadn’t yet been impacted by the corona virus so we anticipate quite a slow down starting in April given the uncertainty.

For March the median list price was $520,000 with the median home sale price of $535,000 which indicated the continuation of a very strong “sellers” market meaning the market is very advantageous to home sellers.  The average days on market for the sold homes was 11 which is fairly incredible and the average price per foot was $438.64.  View also the home sales and home prices in neighboring Hawthorne CA.

 

Lawndale homes for sale

March 2020 home sales in Lawndale California

Type AddressPrice$ Per FootBed/BathSq FeetYear BuiltSold Date
SFR/D15427Gerkin AVE$710,000$512.643/1,0,0,01385/A1952/PUB3/12/2020
CONDO/A4633Marine AVE #223$285,000$449.531/1,0,0,0634/A1973/ASR3/10/2020
CONDO/A14807Condon #211$390,000$415.342/2,0,0,0939/A1975/ASR3/4/2020
CONDO14807CONDON AVE #122$490,000$369.533/2,0,1,01326/19753/5/2020
TWNHS/A4345 W154th ST #10$499,000$440.812/2,0,0,01132/A1984/ASR3/27/2020
SFR/D14420Kingsdale AVE$505,000$466.303/2,0,0,01083/A1962/ASR3/3/2020
TWNHS/A15111Freeman AVE #87$515,000$396.762/2,0,1,01298/A1985/ASR3/3/2020
SFR/D14611Kingsdale AVE$553,000$550.252/2,0,0,01005/A1967/PUB3/25/2020
SFR/D14916Mansel AVE$575,000$527.043/0,1,1,01091/P1964/PUB3/5/2020
SFR/D14823Burin AVE$605,000$498.353/2,0,0,01214/A1968/PUB3/17/2020
SFR/D14719Avis AVE #102$729,000$297.194/3,0,0,02453/A2002/ASR3/11/2020
TWNHS/A4002 W164th ST #D$535,000$391.942/2,1,0,01365/A1994/PUB3/27/2020
DPLX/D4017 W164th ST$849,000$386.615/3,0,0,02196/A1952/ASR3/9/2020
Welcome to El Camino Village in Lawndale

Neighborhood Spotlight – El Camino Village

El Camino Village is a small, unincorporated section of both Lawndale and Gardena and it happens to be one of the best values in the South Bay.  The neighborhood has a much more residential feel than the surrounding areas…..tree lined streets, original 1940s and 1950s beach style bungalows, and an elementary school in the heart of the neighborhood.

Real estate in El Camino Village offers some of the best values in the area as the homes are still reasonably priced compared with nearby Torrance but offers the same safe and pleasant feeling.  Bordered by Marine to the north, Manhattan Beach Blvd to the South and Prairie to the west, this relatively secret neighborhood consist of homes primarily built in the 40’s and 50’s. Some are still the original “beach” bungalows while many have been expanded and updated.

Current Homes for Sale in El Camino Village and Bodger Park

**We are not the listing agents for the above properties and are providing information as a service to our visitors.

By The Numbers – Lawndale Home Sales and Home Prices for February 2019

February Home Sales in Lawndale CA

Lawndale saw a pretty slow month in terms of home sales during February with only 6 home sales. Prices were very solid with a median list price of $447,000 and a median sales price of $447,500 indicating the continuation of a strong “sellers” market.

The median price per foot for sold homes was $385.31 and the median days on market was only 21 before selling.

February Home Sales for Lawndale

 

MLS #Type AddressPrice$ Per FootBed/BathSq FeetYearSold Date
PV20006712CONDO/A4633Marine AVE   #247$295,000$465.301/1,0,0,0634/A1973/ASR2/26/2020
SB19229170CONDO/A14927Condon AVE   #11$544,000$355.323/2,0,1,01531/A1985/ASR2/13/2020
SB20002481CONDO/A4727 W147th ST   #116$365,000$420.992/2,0,0,0867/A1974/APP2/25/2020
19538648CONDO16313PRAIRIE AVE   #2$410,000$405.142/3,0,0,01012/19872/10/2020
RS20001892TWNHS/A4003 W165th ST   #A$485,000$365.492/2,0,1,01327/A1994/ASR2/26/2020
SB19198408CONDO/D4562 W156th ST  $575,000$351.043/2,0,0,11638/A2006/ASR2/15/2020

Real Estate Recap – January 2020 Lawndale CA Home Sales and Prices

January was a slow month for home sales in Lawndale CA with only 5 home sales during the month which is quite a bit below the norm.  The median list price was $650,000 with the median sales price of $680,000 indicating a market very favorable for home sellers.  The median price per foot for the month was $605.52.  Click to view the current homes for sale in Lawndale.

January 2020 Home Sales & Prices for Lawndale CA

Type   Address Price $ Per Foot Bed/Bath Sq Feet Year Sold Date
SFR/D 15302 Prairie AVE   $680,000 $605.52 3/1,0,0,0 1123/A 1952/ASR 1/22/2020
SFR/D 15113 Cranbrook AVE   $705,000 $629.46 3/1,0,0,0 1120/A 1953/ASR 1/8/2020
TWNHS/A 15111 Freeman AVE   #68 $479,000 $356.13 3/2,0,1,0 1345/A 1985/ASR 1/22/2020
SFR/D 4550 W 166th ST   $565,000 $692.40 2/1,0,0,0 816/P 1946/PUB 1/28/2020
SFR/D 4729 W 163rd ST   $805,000 $434.43 5/2,0,0,0 1853/P 1948/PUB 1/31/2020

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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

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