Lakewood Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Lakewood home sales for the month of February decreased in volume by 50% when compared to last year, while the median sale price decreased by 30.7% from $505,000 to $350,000. The number of Single Family homes sales decreased by 60%, while the median sale price decreased by 31.3% from $535,000 to $367,500. Condo/townhome sales stayed the same, while the median sale price rose by 44% from $184,000 to $265,000.

» View homes for sale in Lakewood   » View all recent sales in Lakewood

Median Sale Prices for Lakewood

289k
405k
505k
324k
386k
297k
275k
272k
255k
287k
489k
255k
357k
374k
350k
11/18 12/18 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Lakewood

3
3
6
6
11
8
13
8
9
6
5
9
6
5
3
11/18 12/18 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Lakewood

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 6 3 -50% 7 8 +14.3%
(Single Family) 5 2 -60% 6 7 +16.7%
(Condos/Townhomes) 1 1 0% 1 1 0%
Median Sale Price $505,000 $350,000 -30.7% $479,000 $362,000 -24.4%
(Single Family) $535,000 $367,500 -31.3% $507,000 $374,000 -26.2%
(Condos/Townhomes) $184,000 $265,000 +44% $184,000 $265,000 +44%
Days on Market 56 64 +15.3% 76 60 -21.1%
(Single Family) 76 131 +71.7% 88 60 -31.4%
(Condos/Townhomes) 3 18 +500% 3 18 +500%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Lakewood? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

Do you have any questions about Lakewood?


Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

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