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March 2024 Real Estate Report
84 Total
Homes For Sale
Homes For Sale
43 Homes
Added to the Market
Added to the Market
34 Homes
Sold
Sold
Compared to Previous Month
23%
More Homes For Sale
24%
More Homes Sold
Last month in March, housing in Lakewood, CA ended with 43 homes being added to the market for sale, for a cumulative monthly total of 84 homes for sale - up 23% compared to February. Lakewood, CA had a total of 34 homes sold for the month - up 24% from the month prior.
Detached led the way in homes sold with a total of 34 - up 32%, while attached totaled 0 in closed sales - even from the month of February. The number of detached properties sold under 1500 square feet totaled 21 for the month of March, while homes from 1500 to 2000 square feet recorded 12 sales and homes from 3000 to 3500 square feet had 1 sales. The following ranges for detached homes all had no sales: 2000 to 2500, 2500 to 3000, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
The number of attached homes sold The following ranges for attached homes all had no sales: under 1500, 1500 to 2000, 2000 to 2500, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
When are the most homes sold in Lakewood, CA?
August:
53 Homes Sold
The last 12 month period for the city of Lakewood, CA shows that the greatest number of homes were sold during the months of April 2023, June 2023 and August 2023. The months of April 2023, June 2023 and August 2023 had 47 - 48 and 53 homes sold, respectively, as compared to an average of 37 for the other months of the year.
When do homes sell the fastest in Lakewood, CA?
March:
8 Days On Market
The last 12 month period for the city of Lakewood, CA shows that homes sold the fastest during the months of July 2023, November 2023 and March 2024. The months of July 2023, November 2023 and March 2024 had 8 - 8 and 8 days on market, respectively, as compared to an average of 14 for the other months of the year.
Average Price Of Homes Sold In Lakewood, CA
By Size Category
Average Sold Price
Average Price Per Square Foot
Average Price Of Homes Sold In Lakewood, CA
By Year
Average Sold Price
Average Price Per Square Foot
| Number of homes sold in Lakewood, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
| 2024 | 46 | 26 | 34 | - | - | - | - | - | - | - | - | - | 106 |
| 2023 | 25 | 27 | 37 | 47 | 31 | 48 | 45 | 53 | 40 | 42 | 29 | 40 | 464 |
| 2022 | 51 | 56 | 60 | 63 | 82 | 68 | 45 | 60 | 40 | 52 | 52 | 37 | 666 |
| 2021 | 59 | 58 | 71 | 71 | 68 | 79 | 70 | 74 | 56 | 83 | 72 | 79 | 840 |
| 2020 | 48 | 64 | 55 | 57 | 47 | 53 | 67 | 74 | 66 | 100 | 62 | 82 | 775 |
| 2019 | 35 | 40 | 73 | 60 | 73 | 82 | 67 | 76 | 69 | 73 | 55 | 60 | 763 |
| 2018 | 48 | 55 | 80 | 73 | 71 | 98 | 73 | 88 | 49 | 57 | 64 | 58 | 814 |
| 2017 | 47 | 51 | 77 | 64 | 86 | 87 | 80 | 83 | 68 | 73 | 57 | 71 | 844 |
| Average Days On Market (DOM) In Lakewood, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
| 2024 | 19 | 18 | 8 | - | - | - | - | - | - | - | - | - | 15 |
| 2023 | 32 | 24 | 39 | 17 | 9 | 12 | 8 | 11 | 16 | 12 | 8 | 16 | 17 |
| 2022 | 13 | 11 | 6 | 7 | 7 | 8 | 16 | 20 | 28 | 27 | 21 | 30 | 16 |
| 2021 | 12 | 8 | 9 | 7 | 8 | 7 | 10 | 11 | 17 | 10 | 16 | 15 | 11 |
| 2020 | 15 | 14 | 13 | 8 | 11 | 13 | 13 | 12 | 8 | 7 | 10 | 6 | 11 |
| 2019 | 46 | 25 | 25 | 23 | 21 | 19 | 17 | 16 | 14 | 23 | 17 | 27 | 23 |
| 2018 | 20 | 20 | 13 | 24 | 17 | 16 | 18 | 22 | 33 | 27 | 26 | 28 | 22 |
| 2017 | 25 | 17 | 22 | 16 | 17 | 15 | 17 | 19 | 17 | 20 | 22 | 23 | 19 |
| Average Days From List To Close Of Escrow In Lakewood, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
| 2024 | 63 | 59 | 50 | - | - | - | - | - | - | - | - | - | 57 |
| 2023 | 83 | 66 | 90 | 65 | 54 | 63 | 51 | 49 | 56 | 63 | 46 | 58 | 62 |
| 2022 | 53 | 56 | 46 | 45 | 50 | 56 | 53 | 59 | 67 | 62 | 67 | 69 | 57 |
| 2021 | 61 | 56 | 52 | 54 | 51 | 56 | 55 | 56 | 62 | 60 | 56 | 59 | 56 |
| 2020 | 63 | 54 | 54 | 47 | 55 | 57 | 57 | 59 | 52 | 49 | 62 | 61 | 56 |
| 2019 | 94 | 71 | 74 | 65 | 63 | 63 | 59 | 59 | 67 | 67 | 63 | 71 | 68 |
| 2018 | 68 | 79 | 59 | 65 | 56 | 59 | 54 | 59 | 84 | 73 | 70 | 82 | 67 |
| 2017 | 71 | 76 | 86 | 74 | 67 | 58 | 64 | 61 | 81 | 65 | 68 | 69 | 70 |
| Number of homes added to the market in Lakewood, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
| 2024 | 39 | 35 | 43 | - | - | - | - | - | - | - | - | - | 117 |
| 2023 | 36 | 25 | 39 | 48 | 38 | 61 | 53 | 50 | 46 | 47 | 43 | 26 | 512 |
| 2022 | 55 | 56 | 83 | 86 | 61 | 67 | 52 | 49 | 53 | 40 | 36 | 19 | 657 |
| 2021 | 66 | 70 | 74 | 74 | 72 | 80 | 76 | 69 | 78 | 64 | 63 | 38 | 824 |
| 2020 | 52 | 83 | 71 | 37 | 50 | 75 | 73 | 86 | 95 | 73 | 58 | 47 | 800 |
| 2019 | 54 | 49 | 76 | 76 | 74 | 71 | 82 | 70 | 56 | 59 | 44 | 28 | 739 |
| 2018 | 65 | 72 | 82 | 80 | 108 | 85 | 62 | 71 | 56 | 51 | 47 | 31 | 810 |
| 2017 | 79 | 56 | 73 | 85 | 81 | 91 | 68 | 85 | 68 | 58 | 55 | 36 | 835 |