Happy new year to our friends and clients in Lawndale and all of the South Bay. While it was a tough year for just about everything else, it was a great year for home sales and home prices in one of the best communities in all of Southern California.
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.
The numbers paint a pretty compelling picture. The homes in El Camino Village sell for far more money, hold their values better, are well higher price per foot and sell much quicker. Oh what a difference a few blocks can make.
El Camino Village (Lawndale Section)
15 home sales in 2018
The average home price was $663,700 and median sold price was $645,000
Average price per square foot of $499.61 and median was $519.26
Days on market average 15 and median of 9 days on market
All of Lawndale (excluding EC Village)
115 home sales
The average sales price of $521,728 and a median sales price of $520,000.
Average price per foot was $416.83 and median of $391.00.
Average days on market of 41 and median days on market of 20.
Single family homes in Lawndale (excluding EC Village)
60 home sales
The average sales price of $673,946 and a median sales price of $560,000
Average price per foot was $469.56 and median was $467.34
Average days on market was 49 and median days on market was 26
If you’re looking for homes for sale in Hawthorne CA you have come to the right place. Search the current homes for sale in this pocket of the South Bay. From neighborhoods such like Hollyglen, Del Aire, Bodger Park, to the gated communities of 360 South Bay and Fusion, Hawthorne CA has some great housing options.