Lynwood Real Estate Market Update September 2018
Real Estate In Lynwood is a balanced market favoring buyers. There is significant amount of homes for sale in Lynwood, and buyers are not in a rush to buy yet. There is a 8.44 months supply of inventory on the market in Lynwood on September 30, 2018.
Now is the Time to Buy!
The average market time for a Single Family Homes to sell in Lynwood last month was 41 days.
It took on average 59 days to sell Lynwood Condo, Townhouse or a Duplex.
The number of home sales in Lynwood from August 1, 2018 through August 31, 2018 was 10 units. That is 1% above the number of homes sold last month in Lynwood.
The average price per square foot in the area is now $78/Sq.Ft, which is 0% an increase from last month.
In Lynwood there were 1 units sold in August in the price range between $38,000 – $108,646 with an average of 2 bedrooms and 1 bathrooms and average Square footage of 1,200SF.
In Lynwood there were 7 units sold in August in the price range between $108,647 – $259,645 with an average of 3.1 bedrooms and 1.9 bathrooms and average Square footage of 1,751SF.
In Lynwood there were 2 units sold in August in the price range between $259,646 – $340,000 with an average of 4 bedrooms and 2.6 bathrooms and average Square footage of 2,554SF.
The middle price range had the most activity. Homes up to $259,645 were on the market on average 64 days and sold an average of $164,471.
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 Lynwood. Search all Lynwood homes for Sale on propertyup.com If you are considering viewing Lynwood, you may want to do so now!
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source http://realestatevibe.com/lynwood-real-estate-market-update-September-2018/
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