Lakewood Village Real Estate Update

Lakewood Village Twain Elementary School

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.

Listings Under Contract in Lakewood Village

$945,000
Single Family Home For Sale
Active Under Contract
5
BED
4
TOTAL BATHS
2,242
SQFT
4619 Sunfield Avenue
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
$918,900
Single Family Home For Sale
Active Under Contract
5
BED
4
TOTAL BATHS
1,890
SQFT
4240 Charlemagne Avenue
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
New Listing - a week online
$849,999
Single Family Home For Sale
Active Under Contract
4
BED
3
TOTAL BATHS
1,924
SQFT
4544 Faculty Avenue
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
$659,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,238
SQFT
11425 205th Street
Lakewood, CA 90715
Lakewood Village (LKVL) Subdivision

Homes for Sale in Lakewood Village

New Listing - 3 weeks online
$1,069,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,891
SQFT
4650 Pepperwood Avenue
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
New Listing - yesterday
$993,000
Single Family Home For Sale
Active
0.2074
ACRES
LOS ANGELES
COUNTY
4459 Pepperwood Avenue
Long Beach, CA 90808
Lakewood Village (LVD) Subdivision
New Listing - 2 weeks online
$949,900
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,198
SQFT
4358 Charlemagne Avenue
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
$945,000
Single Family Home For Sale
Active Under Contract
5
BED
4
TOTAL BATHS
2,242
SQFT
4619 Sunfield Avenue
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
$918,900
Single Family Home For Sale
Active Under Contract
5
BED
4
TOTAL BATHS
1,890
SQFT
4240 Charlemagne Avenue
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
New Listing - yesterday
$850,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
2,172
SQFT
5224 E Harvey Way
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
New Listing - a week online
$849,999
Single Family Home For Sale
Active Under Contract
4
BED
3
TOTAL BATHS
1,924
SQFT
4544 Faculty Avenue
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
$849,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,888
SQFT
4822 E Arbor Road
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
New Listing - 3 weeks online
$779,880
Single Family Home For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
2,234
SQFT
4604 E Centralia Street
Long Beach, CA 90808
Lakewood Village (LVD) Subdivision
$659,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,238
SQFT
11425 205th Street
Lakewood, CA 90715
Lakewood Village (LKVL) Subdivision
New Listing - 2 weeks online
$638,000
Single Family Home For Sale
Active Under Contract
3
BED
1
TOTAL BATHS
1,076
SQFT
4755 Montair
Long Beach, CA 90808
Lakewood Village (LVD) Subdivision
Price Change - a week ago
$469,900
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,249
SQFT
5479 E Centralia Street #17
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision

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Contact The Shannon Jones Team

About the Author

Shannon Jones has been selling real estate since 1998 and specializes in listing and marketing homes. She has consistently been one of the top Realtors in the Long Beach area. Prior to her award-winning career in real estate with the Shannon jones Team, Shannon has had successful careers in journalism and public relations. She holds a bachelors degree from UC Irvine and a masters degree from UC Berkeley. Shannon holds E-Pro, CDPE (Certified Distressed Property Expert), and PSC (Pre-Foreclosure Specialist) certifications. Shannon is very personable and maintains a very strong moral compass, always putting the best interest of home buyers/sellers above monetary goals. A California native, Shannon enjoys gardening, travel, reading, cooking and poker when she’s not selling homes MY DESIGNATIONS Lic# 01247705 | CDPE (Certified Distressed Property Expert) | E-Pro | PSC (Pre-Foreclosure Specialist) MY SERVICE AREAS Anaheim Bellflower Buena Park Carson Cerritos Cypress Downey Fountain Valley Garden Grove Huntington Beach La Palma Lakewood Long Beach Los Alamitos Los Angeles County Norwalk Orange County Rossmoor San Pedro Seal Beach Signal Hill South Bay Westminster

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