What’s Happening In the Lawndale Real Estate Market

The Lawndale real estate market returned to it’s more normal busy summer selling mode in July with the 2nd straight month of big home sale number.  There were 14 homes that closed escrow during July and the pending home sales indicate an even bigger August.  July saw 18 homes go into escrow during the month so we anticipate a similar number of sales in August which would be one of the biggest months in the last few years.

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Pending Home Sales Continue to Rise in Lawndale

For the 4th month in a row the number of pending home sales increased quite a bit from the previous month.  June saw 15 homes go into escrow which was the highest number of pending home sales in Lawndale since August of 2019.  Home sales in Lawndale also increased significantly from the 2 prior months.

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At a glance:  The chart below shows month by month number of active listings in Lawndale (light green bar), pending home sales (red line) and closed home sales (dark green bar)

Lawndale CA Home Sales and House Prices for June

June 2020 was a busier month after very slow April and May.  June saw 12 homes sell and close escrow which was the highest number of sold homes in quite a while.  To see the past 15 months of home sales visit our recent Lawndale real estate market trends and statistics post.

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June 2020 Home Sales and House Prices in Lawndale CA

MLS # Type   Addres Price $ Per Foot Bed/Bath Sq Feet Year
SB20080323 SFR/D 3928 W 157th ST   $700,000 $683.59 3/1,0,0,0 1024/A 1952/ASR
SB20091036 CONDO/A 4727 W 147th ST   #125 $377,000 $434.83 2/1,1,0,0 867/A 1974/ASR
20581604 TWNHS 4170 W 147TH ST   #101 $515,000 $388.97 2/3,0,0,0 1324/ 1989
NP20071691 SFR/D 4607 W 154th ST   $560,000 $550.64 3/2,0,0,0 1017/A 1958/ASR
SB19154188 SFR/D 14920 Grevillea AVE   $585,000 $313.34 3/1,1,1,0 1867/A 1981/ASR
SB20025229 SFR/D 4228 W 162nd ST   $440,000 $675.88 1/1,0,0,0 651/A 1948/ASR
SB20077278 TWNHS/A 4746 W 173rd ST   #M $479,000 $467.32 2/1,0,1,0 1025/A 1989/ASR
SB20094568 TWNHS/A 4572 W 172nd ST   #6 $500,000 $420.88 2/2,0,1,0 1188/A 1992/ASR
CV20080286 SFR/D 14720 Kingsdale AVE   $592,000 $546.63 3/2,0,0,0 1083/A 1962/PUB
SB20072616 SFR/D 4623 W 169th ST   $640,000 $557.49 3/1,0,0,0 1148/A 1942/ASR
SB20053459 TWNHS/D 4503 W 161st ST   $695,500 $351.09 3/2,0,1,0 1981/A 2007/ASR
SR20096602 SFR/D 4172 W 166th ST   $840,000 $403.65 5/3,0,0,0 2081/A 1990/SEE

 

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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.

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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

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

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Vista Sotheby’s is one of the leading real estate firms in Lawndale and the South Bay with offices throughout Southern California.  Local market knowlege combined with the vast international reach of Sotheby’s makes for the very finest in Lawndale real estate

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Lawndale Specialist

Keith Kyle

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