Lakewood Real Estate Market Update September 2018
Real Estate In Lakewood is a balanced market favoring buyers. There is significant amount of homes for sale in Lakewood, and buyers are not in a rush to buy yet. There is a 8.16 months supply of inventory on the market in Lakewood on September 30, 2018.
Now is the Time to Buy!
The average market time for a Single Family Homes to sell in Lakewood last month was 63 days.
It took on average 29 days to sell Lakewood Condo, Townhouse or a Duplex.
The number of home sales in Lakewood from August 1, 2018 through August 31, 2018 was 11 units. That is 1% above the number of homes sold last month in Lakewood.
The average price per square foot in the area is now $111/Sq.Ft, which is 28% an increase from last month.
In Lakewood there were 1 units sold in August in the price range between $192,500 – $290,273 with an average of 2 bedrooms and 2.1 bathrooms and average Square footage of 1,640SF.
In Lakewood there were 9 units sold in August in the price range between $290,274 – $519,022 with an average of 4 bedrooms and 2.8 bathrooms and average Square footage of 3,812SF.
In Lakewood there were 1 units sold in August in the price range between $519,023 – $650,000 with an average of 5 bedrooms and 5 bathrooms and average Square footage of 5,731SF.
The middle price range had the most activity. Homes up to $519,022 were on the market on average 69 days and sold an average of $380,666.
If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Lakewood. Search all Lakewood homes for Sale on propertyup.com If you are considering viewing Lakewood, you may want to do so now!
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source http://realestatevibe.com/lakewood-real-estate-market-update-September-2018/
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