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Lynwood Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Lynwood home sales for the month of February decreased in volume by 42.9% when compared to last year, while the median sale price rose by 4.6% from $93,900 to $98,250. The number of Single Family homes sales decreased by 50%, while the median sale price decreased by 41.1% from $237,250 to $139,750. Condo/townhome sales decreased by 33.3%, while the median sale price rose by 57.3% from $36,500 to $57,400.

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Median Sale Prices for Lynwood

321k
157k
175k
93k
210k
199k
227k
182k
189k
201k
137k
155k
211k
160k
169k
98k
11/18 12/18 1/19 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 Lynwood

9
8
11
7
9
8
10
8
5
7
6
11
8
7
10
4
11/18 12/18 1/19 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 Lynwood

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 7 4 -42.9% 19 14 -26.3%
(Single Family) 4 2 -50% 13 11 -15.4%
(Condos/Townhomes) 3 2 -33.3% 6 3 -50%
Median Sale Price $93,900 $98,250 +4.6% $175,000 $139,750 -20.1%
(Single Family) $237,250 $139,750 -41.1% $201,000 $166,000 -17.4%
(Condos/Townhomes) $36,500 $57,400 +57.3% $53,250 $72,000 +35.2%
Days on Market 81 50 -38.9% 50 46 -8%
(Single Family) 81 51 -37.7% 81 48 -40.7%
(Condos/Townhomes) 22 50 +125% 22 44 +104.7%

HomesByMarco sold over 300 homes last year

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

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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.

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