Avezta Realty International Corp.

Lockwood Real Estate Market Report

Executive Summary

DB
Dan Braun

The Lockwood, CA real estate market is currently classified as a buyer's market. The median asking price is $730K, down 14.9% over the past 30 days.

There are currently 15 active listings. Inventory has increased 15.4% compared to last month.

Currently, listings spend an average of 64 days on market and the average price per square foot is $902.

Detached properties make up the largest share of the Lockwood market at 100% of active listings with an average price of $1.4M.

Sales Activity & Absorption

Volume

15
Active
64
Avg DOM
2
New (30d)
0
New (7d)

Market Signals

8
Price Cuts (30d)
0
New (7d)
8
Price Cuts
0
New (7d)

2 new listings appeared in the past month, 8 sellers reduced their asking price.

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 $730K, 20% down, 25yr amortization
$3,397/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 Lockwood market currently has 15 active listings with a median price of $730K.

  • Prices declining (-14.9% in 30 days)
  • High price reduction rate (53% of listings)
  • Slow-moving market (64 avg days on market)
  • Average price per square foot is $902

For Buyers

With more inventory and less competition, buyers in Lockwood have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties.

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. 8 listings have reduced their price in the past 30 days.

Data sourced from San Diego MLS active and sold listings. Metrics computed from listing data updated daily. Prepared by Dan Braun with AI assistance, reviewed by our team.

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Resources

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Homes for Sale in Lockwood15 active listingsCost of Living in LockwoodHousing, rent & expensesSold Data in LockwoodRecent sales & prices

Market data is calculated from active and recently sold MLS listings as of April 17, 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.