Scheduled to hit the market this weekend is the newest addition to the Lawndale real estate market. The home offers 4 bedrooms and over 1,800 square feet making it much larger than most of the typical post WW2 beach bungalows normally seen in this neighborhood. Although we haven’t seen interior spaces just yet, the home had been remodeled and is in great shape.
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