Lawndale Real Estate Market Hits Contracts Low

There were nine homes sold in the Lawndale market over the last 30 days, prolonging a three-week ascending trend. With a underwhelming five contracts executed, the lowest amount since October, that trend could be weakening. In comparison, Los Angeles led all other nearby municipalities with 901 contracts executed. A months of inventory number of three reported this week continued a four-week downward trend, likely due to the strong contracts numbers in the area. With such a small volume of inventory available and sales going up, Lawndale is a seller's market.

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Demographic facts about Lawndale:

  • There are a total of 9,681 households here.
  • The unemployment rate is 11.5%.
  • This area has an average school expenditure per student of $4,909. ($5,691 = national average)

Data reported through 1/12/2017

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