Avezta Realty International Corp.

Executive Summary

The Lakewood, CA real estate market is currently classified as a buyer's market. The median asking price is $910K, down 38.0% over the past 30 days.

There are currently 64 active listings, representing 4.6 months of inventory. 72 properties have sold in the past 90 days at a median sold price of $878K. Inventory has increased 204.8% compared to last month.

Currently, listings spend an average of 22 days on market and the average price per square foot is $498.

Detached properties make up the largest share of the Lakewood market at 70% of active listings with an average price of $1.0M. Condo listings follow at 20% (avg $848K).

Sales Activity & Absorption

Volume

14
Sold (30d)
72
Sold (90d)
22
Avg DOM
43
New (30d)

Market Signals

20
Price Cuts (30d)
13
New (7d)
78%
Sell-Through
98.3%
List-to-Sale

14 properties sold in the past 30 days, 43 new listings appeared in the past month, 20 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
4.6months
Balanced — Slight Seller Advantage
Sell-Through Rate77.8%
Inventory Change (30d)+204.8%
Site Active Listings64

At 4.6 months of inventory, the market is balanced. Neither buyers nor sellers have a decisive advantage — a good time for realistic pricing and considered offers.

Neighborhoods

AreaListingsAvg Price
EAST LAKEWOOD7$498K
LAKEWOOD MUTUALS6$1.3M
Avg 2 schools nearbyAvg 2 parks nearbyAvg 11 transit stops nearby

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $910K, 20% down, 25yr amortization
$4,235/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a buyer's market with more negotiating power for purchasers. The Lakewood market currently has 64 active listings with a median price of $910K and 4.6 months of inventory.

  • Prices declining (-38% in 30 days)
  • High price reduction rate (31% of listings)
  • Average price per square foot is $498
  • Sold properties averaged -29 days on market

For Buyers

With more inventory and less competition, buyers in Lakewood have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties. There were 13 new listings in the past week.

For Sellers

With higher inventory, pricing strategy is critical. Price at or slightly below market value to attract attention. Ensure your listing stands out with quality photos and accurate details. 20 listings have reduced their price in the past 30 days. The current sell-through rate is 78%.

Search Lakewood

Browse all 64 active listings.

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Resources

Market data is calculated from active and recently sold MLS listings as of March 3, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.