Lakewood Monthly Market Update – Condominium/Townhome

Lakewood Condominium/Townhome (Attached)

Information provided by IRES and Metrolist Information Services.

YTD Comparison

Lakewood ATTACHED DWELLINGS 2018 YTD 2019 % Change
Total Units Sold 1112 46 Insufficient YTD Data
Average Sales Price $283,102 $321,371 Insufficient YTD Data
Median Sales Price $265,000 $294,750 Insufficient YTD Data
Average Days to Contract 23 50 Insufficient YTD Data

 

(Attached Dwelling – % Under Contract)

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
UNDER $250k                 52% 60% 66% 40% 69%
$250K-$500K                 59% 52% 59% 57% 66%
ABOVE + $500k                 35% 41% 45% 50% 50%
OVERALL % U/C                 55% 54% 57% 51% 65%

 

(Attached Dwelling – Inventory)

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                  219 213 194 150 170

 

(Attached Dwelling – # Sold)

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                  84 82 102 82 44

 

(Attached Dwellings – Absorption Rate in Months) Based off 6-month sales average

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                    2.6 2.17 1.74 2.16