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Lakewood Real Estate Market - March Update

By
Real Estate Agent with The Shannon Jones Team DRE #01247705

Currently there are a total of 203 active single family homes listings in Lakewood, ranging in price from $199,000 to $1.475 million. The average list price is currently $381,263 and the average time on the market is 100 days.

Last month, in February, there were 31 homes that closed escrow in Lakewood, ranging from $175,000 to $479,000. The average sales price was $351,427 and the average days on the market was 100. The average price per square foot for homes sold in February 2011 was $270.85.

In comparison, there were 41 homes that sold in February 2010, ranging in price from $320,000 to $679,000. The average sold price for February 2010 was $402,596, the average time on the market was 56 days, and the average price per square foot was $316.23.

There is quite a bit of variation in sales prices, time on the market and availability of inventory, depending on the neighborhood in Lakewood. If you'd like information on market statistics for a particular neighborhood, please email info@showmehome.com or call 562-896-2456 for a complimentary consultation. You can also check get a free market snapshot of your neighborhood by clicking here.

The combination of low prices and low interest rates makes this a particularly good time to buy a home in Lakewood! If you'd like to search all available homes for sale in Lakewood, Long Beach, or surrounding areas, including any bank-owned properties and other distressed properties, visit our website and check out our home search feature by clicking here. (Please note, if the page does not load properly on your initial visit, simply click the message that tells you to "click here" if you are having trouble loading.)  If you select "Save Search," you'll receive automatic notification of new listings that match your criteria.

Posted by

 Shannon Jones

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Shannon Jones is a Realtor residing in Long Beach, CA. She leads an award-winning real estate team that has been serving home buyers and sellers in Long Beach and surrounding communities since 1998. Shannon and her team provide their clients with high quality marketing and excellent service. You can check their reviews on Yelp or Zillow.  

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CalBRE License #01247705 / 562-896-2456 / Shannon (at) ShowMeHome.com
 
Paul Walker
Equity Fifty Five Realty, LLC - Scott AFB, IL
Scott AFB IL Area Realtor

Thank you for your blog. It is always interesting to see how the numbers are running all across the country in real estate.

I'm hopeful that this will be a very good year, but the trend seems to have slowed down along with the gas prices going up.

Mar 03, 2011 10:04 AM