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 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.
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.
Lawndale saw a solid year in real estate in 2019 with 126 on market home sales during the course of the year. The median list price was $599,000 with a median sales price of $599,950 indicating that, in general, homes sold higher than the prices they were initially listed for indicating a very strong sellers market.
One of the extremely appealing aspects of Lawndale is the more reasonable home prices. Redondo sits just east from North Redondo Beach (just across Inglewood Ave) but the price differences can be dramatic. In general Lawndale average home prices are almost half of average North Redondo Beach home prices. See the chart below for the past 15 months of comparisons between the two South Bay areas. View the current homes for sale in Lawndale and the current homes for sale in North Redondo Beach 90278
Lawndale saw another solid month in the real estate market in September with 10 sold homes. The lowest price of the month was $304,000 for a 1 bedroom condo on Marine and the highest priced sale of the month was $760,000 for a larger 4 bedroom home on Floorwood. Click here to see the current homes for sale in Lawndale CA.
