In the Lakewood real estate market there were a total of 68 sales in October 2008. The average selling price for a house that period was $394,286.00 and average time on market was 64 days.  64 sales were single family homes and 4 were condos. Average selling price for condos was $361,666.00 and average time on the market was 75 days. Affordable Lakewood homes are hovering around the $400,000.00 mark.

ONE YEAR AGO - The same time frame in 2007 had 31 sales with an average price of $505,000.00 and average 69 days on the market. We are seeing twice the number of sales at a lower price. You must remember the sixty day time frame includes a 30 day escrow. HERE'S THE IMPORTANT POINT - That means the properties that are selling are receiving offers around, or before, the thirty day point. If you are serious about buying you must ACT WHEN you find the right home. There's a reason why "THE GOOD ONE'S ARE ALWAYS GONE".

Certain sections of the Lakewood experienced an increase in both sales and average selling price while other areas had a decrease in sales and average selling price.  It is a buyer's market, although with sales picking up that will change. Before you lose your negotiating power contact us for a private showing of the best deals. We're here to help you find a great property at a great price. Contact us today for Lakewood's hottest properties.

Located in Los Angeles County, Lakewood had 88,253 residents as of 2005. It was named “Sportstown USA” by Sports Illustrated Magazine in 2005 and is the home of the first Denny's Restaurant. Located centrally between the 405, 605 and 91 freeways Lakewood is an ideal place to call home. Great climate, top facilities, utmost convenience and friendly family oriented people make this community a natural choice to call home. To view some of Lakewoods finest homes and best deals email me using the contact box to the right or call 714 287-4486 to set up your private showing.  

Attractions
Lakewood, once a rural community, experienced rapid growth shortly after World War II as veterans flocked to the new suburbs.  Lakewood has a mild climate as temperatures range from 58-74 degrees Fahrenheit during the year. The city holds concerts in Del Valle Park on summer evenings. In May, residents take part in the Pan American Fiesta, full of cultural arts and entertainment. In the fall, the city holds a craft boutique called Lollipop Lane and a Halloween Festival. The Lakewood Center is a movie theater and mall complex with one of the largest movie screens outside of Hollywood. Lakewood is only 15 miles from the Disneyland Resort and roughly 22 miles from Los Angeles. Long Beach is directly south of Lakewood.
 
Education
Lakewood is served by 4 unified school districts: Long Beach, Paramount, Bellflower, and ABC. There are several elementary and middle schools within Lakewood itself as well as 4 high schools. Within Lakewood there are also 4 private schools including St. Joseph High School for girls. Local universities and other higher-education institutions include Long Beach City College and California State University Long Beach.

Recreation
Lakewood has several parks and public facilities where residents can unwind. Among these are
Bolivar Park, Mayfair Park and Rynerson Park. Many of these parks have sports fields and some have pools and community centers. Lakewood's Restaurant Row is home to large chain restaurants like Red Lobster and the Elephant Bar plus more upscale eateries.