Lakewood Real Estate Market Summary
Overall, the Lakewood housing market continued it’s upward trend from last year during the first quarter of 2018. 187 homes sold from January 1st – March 31st, which is up from 177 sold in the first quarter of 2017. The average sale price of $176,570, increased about $5,000 from 2017. Homes spent on average 61 days on the market before they sold, but 13% were under contract in less than 2 weeks. At the peak of last years market, many homes were selling within the first 3 days. Overall, homes sold at 97% of their list price, with about 37% selling over asking price.