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.

Real Estate Update – March 2020 Home Sales and Prices 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.

 

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

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