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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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.

Current homes for sale in Lawndale CA

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

 

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 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

November Home Sales and Home Prices in Lawndale

Home sales and prices were fairly steady in Lawndale CA for the month of November. The Lawndale real estate market saw 8 MLS home sales for the month with an median list price of $507,500 and a median “sold” price of $518,500 indicating a very strong seller’s market.

November 2019 was a Seller’s market*

Home For Sale in November 2019: 8 units.

  • Down 20% compared to last month
  • Down 60% compared to last year
  • Home Closed in November 2019: 8 units.
  • Down 20% compared to last month
  • Down 20% compared to last year
  • Home Placed under Contract in November 2019: 8 units.
  • 0% compared to last month
  • Down 33.3% compared to last year
MLS Type   Address Price $ per Foot Bed/Bath Sq Feet Year Sold Date
SB19205524 SFR/D 15526 Prairie AVE   $710,000 $668 3/2,0,0,0 1063/A 1952/ASR 11/27/2019
19513808 TWNHS 15111 FREEMAN AVE   #15 $448,500 $322 3/3,0,0,0 1395/ 1985 11/18/2019
19515098 CONDO 15111 FREEMAN AVE   #96 $522,000 $388 3/3,0,0,0 1345/ 1985 11/21/2019
SB19230317 TWNHS/A 15111 Freeman AVE   #27 $525,000 $388 3/2,0,1,0 1352/A 1985/ASR 11/21/2019
SB19270638 SFR/D 14728 Condon AVE   $700,000 $407 3/2,0,0,0 1721/A 1956/ASR 11/22/2019
SB19212318 SFR/D 4442 Marine AVE   $499,900 $741 2/1,0,0,0 675/A 1951/ASR 11/15/2019
SB19218332 SFR/D 4523 W 167th ST   $500,000 $536 2/2,0,0,0 932/A 1941/ASR 11/15/2019
SB19244554 TWNHS/A 4005 W 165th ST   #C $515,000 $388 2/2,0,1,0 1327/A 1994/ASR 11/26/2019

September 2019 Home Sales and Prices in Lawndale

September was a fairly solid month for home sales and prices in the South Bay community of Lawndale CA.  There were 10 on market home sales for the month with the lowest priced being $304,000 for a one bedroom condo on Marine and the highest price of the momth at $760,000 for a 4 bedroom single family home on Floorwood.  This list includes the sold homes in El Camino Village as well.

See also the current homes for sale in Lawndale CA

Lawndale Home Sales and Prices for September 2019

MLS Type Address Address Sold Price $ Per Foot Bed/Bath Sq Feet Year  Sold Date
SW19136608 SFR/D 15208 Freeman AVE   $530,000 $436.21 4/2,0,0,0 1215/A 1951/ASR 9/3/2019
PV19158531 SFR/D 4726 W 168th    $647,000 $465.47 3/2,0,0,0 1390/P 1947/PUB 9/6/2019
PV19174486 TWNHS/D 4704 W 165th ST   $660,000 $378.87 3/2,0,1,0 1742/A 1991/ASR 9/6/2019
SB19185062 TWNHS/A 4229 W Rosecrans    #17 $415,000 $324.98 2/1,0,1,0 1277/A 1983/ASR 9/10/2019
SB19134484 SFR/D 4728 W 172nd ST   $730,000 $483.44 3/1,1,0,0 1510/A 1947/ASR 9/13/2019
SB19114113 TWNHS/D 15616 Freeman AVE   #C $620,000 $316.00 3/2,0,1,0 1962/A 1994/ASR 9/16/2019
SB19129698 CONDO/A 4633 Marine AVE   #132 $304,000 $477.24 1/1,0,0,0 637/A 1973/ASR 9/20/2019
19480290 TWNHS 15323 AVIS AVE   $668,000 $312.59 4/3,0,0,0 2137/A 2006/ASR 9/25/2019
DW19190170 CONDO/A 4633 Marine AVE   #102 $405,000 $437.84 2/2,0,0,0 925/A 1973/ASR 9/26/2019
SB19184165 SFR/D 15309 Florwood AVE   $760,000 $359.34 4/2,0,0,0 2115/A 1951/PUB 9/30/2019

 

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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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Top realtor in Lawndale CA Keith Kyle with Vista Sotheby's International
Lawndale Specialist

Keith Kyle

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