Lynn Peters & Lesley Siegel May 2018 Market Report South Bay

Page 8

Lawndale may Stats Key Facts:

$635,000

Median Sold Price

$598,000

Average Sold Price

16

MAY MAY % 2017 2018 Change

Median Price

$508

$635

25%

Average Price Per Sq. Foot

$403

$394

-2%

Properties for Sale

22

16 -27%

Properties Pending Sales

7

13 86%

Properties Sold

13

13 0%

Days on Market (Sold Homes)

22

39 77%

Monthly Supply of Inventory

1.7

1.2 -29%

Absorption Rate (closed sales) 59.1

81.3 38%

Listings for Sale

13

Listings Pending

Average & Median Price $598 $635

$700 $3,500 $600 $3,000

13

Listings Sold

$2,593

$500 $2,500 $400 $2,000

$1,655

39

Days On Market

$300 $1,500 $200 $1,000 $100 $500 $- $-

May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018 2018 Median

Average


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