Lakewood Village Twain Elementary School

Lakewood Village Real Estate Update

shannonjones 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.

Listings Under Contract in Lakewood Village

New Listing - 4 weeks online
$1,000,000
Single Family Home For Sale
Active Under Contract
4
BED
2
TOTAL BATHS
2,258
SQFT
4633 Sunfield Avenue
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
$969,000
Single Family Home For Sale
Active Under Contract
4
BED
3
TOTAL BATHS
2,502
SQFT
4615 E Greenmeadow Road
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
$899,999
Single Family Home For Sale
Active Under Contract
5
BED
3
TOTAL BATHS
3,154
SQFT
4609 Faculty Avenue
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
$797,000
Single Family Home For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,971
SQFT
4352 Rutgers Avenue
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
$784,900
Single Family Home For Sale
Active Under Contract
4
BED
2
TOTAL BATHS
1,975
SQFT
4557 Sunfield Avenue
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
Price Change - 2 weeks ago
$709,900
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,774
SQFT
4427 Faculty Avenue
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
New Listing - 4 weeks online
$659,900
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,427
SQFT
4421 Tulane Avenue
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision

Homes for Sale in Lakewood Village

$1,000,000
Single Family Home For Sale
Active Under Contract
4
BED
2
TOTAL BATHS
2,258
SQFT
4633 Sunfield Avenue
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
Price Change - 3 weeks ago
$980,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,284
SQFT
4427 Whitewood Avenue
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
$949,900
Multi-Family For Sale
Active
0.1732
ACRES
LOS ANGELES
COUNTY
5240 E Harvey Way
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
New Listing - 3 weeks online
$835,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
2,169
SQFT
4237 Charlemagne Avenue
Long Beach, CA 90808
Lakewood Village (LKVL) Subdivision
New Listing - 3 weeks online
$649,900
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,488
SQFT
4348 Adenmoor Avenue
Lakewood, CA 90713
Lakewood Village (LKVL) Subdivision

Search for Homes for Sale in Long Beach

Price
For Sale / All Types

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
author photo