Happy Cinco De Mayo from Lawndale Homes for Sale
From Lawndale realtor Keith Kyle, Lawndale Homes for Sale and Vista Sotheby’s International…..happy Cinco De Mayo!
Category: Lawndale real estate
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 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 | Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Year Built | Sold Date | |
| SFR/D | 15427 | Gerkin AVE | $710,000 | $512.64 | 3/1,0,0,0 | 1385/A | 1952/PUB | 3/12/2020 |
| CONDO/A | 4633 | Marine AVE #223 | $285,000 | $449.53 | 1/1,0,0,0 | 634/A | 1973/ASR | 3/10/2020 |
| CONDO/A | 14807 | Condon #211 | $390,000 | $415.34 | 2/2,0,0,0 | 939/A | 1975/ASR | 3/4/2020 |
| CONDO | 14807 | CONDON AVE #122 | $490,000 | $369.53 | 3/2,0,1,0 | 1326/ | 1975 | 3/5/2020 |
| TWNHS/A | 4345 W | 154th ST #10 | $499,000 | $440.81 | 2/2,0,0,0 | 1132/A | 1984/ASR | 3/27/2020 |
| SFR/D | 14420 | Kingsdale AVE | $505,000 | $466.30 | 3/2,0,0,0 | 1083/A | 1962/ASR | 3/3/2020 |
| TWNHS/A | 15111 | Freeman AVE #87 | $515,000 | $396.76 | 2/2,0,1,0 | 1298/A | 1985/ASR | 3/3/2020 |
| SFR/D | 14611 | Kingsdale AVE | $553,000 | $550.25 | 2/2,0,0,0 | 1005/A | 1967/PUB | 3/25/2020 |
| SFR/D | 14916 | Mansel AVE | $575,000 | $527.04 | 3/0,1,1,0 | 1091/P | 1964/PUB | 3/5/2020 |
| SFR/D | 14823 | Burin AVE | $605,000 | $498.35 | 3/2,0,0,0 | 1214/A | 1968/PUB | 3/17/2020 |
| SFR/D | 14719 | Avis AVE #102 | $729,000 | $297.19 | 4/3,0,0,0 | 2453/A | 2002/ASR | 3/11/2020 |
| TWNHS/A | 4002 W | 164th ST #D | $535,000 | $391.94 | 2/2,1,0,0 | 1365/A | 1994/PUB | 3/27/2020 |
| DPLX/D | 4017 W | 164th ST | $849,000 | $386.61 | 5/3,0,0,0 | 2196/A | 1952/ASR | 3/9/2020 |
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 | Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Year | Sold Date | |
| PV20006712 | CONDO/A | 4633 | Marine AVE #247 | $295,000 | $465.30 | 1/1,0,0,0 | 634/A | 1973/ASR | 2/26/2020 |
| SB19229170 | CONDO/A | 14927 | Condon AVE #11 | $544,000 | $355.32 | 3/2,0,1,0 | 1531/A | 1985/ASR | 2/13/2020 |
| SB20002481 | CONDO/A | 4727 W | 147th ST #116 | $365,000 | $420.99 | 2/2,0,0,0 | 867/A | 1974/APP | 2/25/2020 |
| 19538648 | CONDO | 16313 | PRAIRIE AVE #2 | $410,000 | $405.14 | 2/3,0,0,0 | 1012/ | 1987 | 2/10/2020 |
| RS20001892 | TWNHS/A | 4003 W | 165th ST #A | $485,000 | $365.49 | 2/2,0,1,0 | 1327/A | 1994/ASR | 2/26/2020 |
| SB19198408 | CONDO/D | 4562 W | 156th ST | $575,000 | $351.04 | 3/2,0,0,1 | 1638/A | 2006/ASR | 2/15/2020 |
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 |