Lakewood Village

Lakewood Village Real Estate Update

Shannon Lakewood Village , Long Beach , Real Estate , Real Estate Market Update Leave a Comment

Mid-Year Review of the Lakewood Village Real Estate Market

The real estate market in Lakewood Village has been somewhat volatile compared to Long Beach overall.  The median home price in Lakewood Village in June 2015 was $590,000, up slightly from the previous month and $70,000 above last June’s median price of $520,000 but considerably lower than the January spike to a median price of $765,000.

 

The median price per square foot for homes sold in June 2015 was  $345 in June 2015, up slightly from $337 per square foot in June 2014, but down from the previous month, and slightly lower than the overall price per square foot in Long Beach.

 

 

 

Meanwhile, the supply of homes remained relatively low in Lakewood Village and Long Beach overall, with a 2.2 month and 2.5 month inventory of homes for sale respectively.  As of July 7th, there were five homes on the market in Lakewood Village, ranging from $649,000 to $1,100,000. Additionally, there were eight homes in escrow, either in “pending” or “backup” status, meaning the sellers would still consider back up offers. The listing prices on the homes in escrow ranged from $449,000 to $825,000.

The average time on market for the homes that closed escrow in Lakewood Village was 20 days, but many homes currently listed and in escrow have been for sale much longer than that. The average time on the market for homes in “backup” status is 124, for pending 135. And the average time on the market for active listings as of July 7th was 41 days.

Recent Sales in Lakewood Village

Sorry, but we couldn't find any results in the MLS that match the specified search criteria.

Listings Under Contract in Lakewood Village

Sorry, but we couldn't find any results in the MLS that match the specified search criteria.

Homes for Sale in Lakewood Village

  1. 3 beds, 2 full baths
    Home size: 1,884 sq ft
    Lot size: 7,763 sqft
    Year built: 1942
    Parking spots: 2
    Days on market: 3
  2. 3 beds, 2 full baths
    Home size: 1,692 sq ft
    Lot size: 8,068 sqft
    Year built: 1944
    Parking spots: 2
    Days on market: 4
  3. 3 beds, 2 full baths
    Home size: 1,306 sq ft
    Lot size: 6,527 sqft
    Year built: 1944
    Parking spots: 2
    Days on market: 12
  4. 3 beds, 1 full, 1 half baths
    Home size: 2,011 sq ft
    Lot size: 6,421 sqft
    Year built: 1941
    Parking spots: 2
    Days on market: 66
  5. 2 beds, 2 full baths
    Home size: 1,249 sq ft
    Lot size: 1.38 ac
    Year built: 1981
    Parking spots: 2
    Days on market: 80
  6. 4 beds, 2 full, 1 three-quarter, 1 half baths
    Home size: 2,955 sq ft
    Lot size: 7,365 sqft
    Year built: 2016
    Parking spots: 2
    Days on market: 108

See all Lakewood Village Homes For Sale.
(all data current as of 3/27/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Search for Homes for Sale in Long Beach

Contact The Shannon Jones Team

Contact Form

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.
About the Author

Shannon

Leave a Reply

Your email address will not be published. Required fields are marked *