Welcome to the real estate recap for Lawndale in August 2023. It was a fairly typical month with 6 homes closing escrow during the month.
The average “list” price was $636,667 with the average sold price of $660,217 which was considerably lower than July but more in line with where prices in Lawndale usually are.
The average price per foot was $611 and homes averaged an extremely brief 15 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.
After a very slow May with only 3 closed home sales, June was an improvement with 7 sold homes and July was even better. There were 9 homes that sold and closed escrow in Lawndale in July 2023.
The average “list” price was $825,544 with the average sold price of $843,196 which was over $100,000 higher than in June and even higher than May with an average sold price of $677,500!!!
The average price per foot was $574 and homes averaged an extremely brief 15 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.
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.
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.
The new year definitely kicked off with a slow month in terms of the number of homes that sold but prices were still very strong.
There were only 6 on homes that sold during January 2023.
The average “list” price was $677,233 with the average sold price of $682,000 meaning that most homes sold slightly above the asking price for the first time in a few months.
The average price per foot was $539 and homes averaged 56 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.