Lakewood Monthly Market Update – Single Family Homes

Lakewood Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

LAKEWOOD SINGLE FAMILY HOMES 2018 YTD 2019 % Change
Total Units Sold 1495 79 Insufficient YTD Data
Average Sales Price $488,026 $455,064 Insufficient YTD Data
Median Sales Price $435,000 $434,000 Insufficient YTD Data
Average Days to Contract 24 40 Insufficient YTD Data

 

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES 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 $500k                 50% 47% 49% 50% 61%
$500K – $750k                 20% 32% 39% 40% 54%
ABOVE +$750k                 29% 28% 19% 24% 35%
OVERALL % U/C                 45% 38% 40% 43% 55%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES 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’
                  336 316 263 196 211

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES 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’
                  100 126 98 94 72

 

(Single Family Homes – Absorption Rate in Months) Based off 6-month sales average

SINGLE FAMILY HOMES 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’
                    2.8 2.44 2.81 2.15