After a very slow May with only 3 closed home sales, June rebounded a bit with 7 homes selling during the month.
The average “list” price was $711,986 with the average sold price of $734,000 which was considerably higher than the average price of $677,500 in May.
The average price per foot was $631 and homes averaged 23 days on market before going into escrow.
See how the February real estate market in Lawndale compared with other months on our real estate trends page.
It’s been a long time since we’ve seen a short sale hit the market in Lawndale and this one has a lot of potential.
The home appears to be in decent condition with 4 bedrooms and 2 baths and almost 1,900 square feet. The lot size is 5,800+ and the home sits in a fairly quiet neighborhood.
New Construction Townhome Recently Sold at $1,175,000
While luxury townhomes are nothing out of the ordinary in nearby Redondo Beach, townhomes like these at 15337 Avis and 15339 Avis are a rarity in Lawndale. As they are rather unique in the area it will be a test to see if they can sell around the list prices of $1.1M.
The homes both offer 3 bedrooms and 4 baths and range around 2,600-2,700 square feet.
The layouts are similar with some smaller differences, but both offer a traditional floorplan with living spaces on the 1st floor and all three bedrooms on the upper level.
Slow going in May with only 3 sold homes during the month
May was extremely slow for real estate in Lawndale CA with only 3 homes closing escrow compared with 9 homes sales in April.
The average “list” price was $703,333 with the average sold price of $677,500 meaning that most homes sold below the asking price for the second straight month.
The average price per foot was $675 and homes averaged and extremely brief 9 days on market before going into escrow.
See how the February real estate market in Lawndale compared with other months on our real estate trends page.
April kept pace with March in terms of the number of homes sold in Lawndale. It was still on the slower side but definitely improved over the first few months of 2023.
There were 9 homes sales in Lawndale during the April.
The average “list” price was $776,197 with the average sold price of $781,722 meaning that most homes sold slightly above the asking price for the second straight month.
The average price per foot was $567 and homes averaged 35 days on market before going into escrow.
See how the February real estate market in Lawndale compared with other months on our real estate trends page.
March definitely saw an uptick in the real estate market in the city of Lawndale. It was still a bit slow but definitely impreoved over the previous months.
There were 9 homes that sold during the month.
The average “list” price was $758,444 with the average sold price of $745,056 meaning that most homes sold slightly above the asking price for the first time in a few months.
The average price per foot was $526 and homes averaged 58 days on market before going into escrow.
See how the February real estate market in Lawndale compared with other months on our real estate trends page.