The real estate market in Lawndale and Gardena picked up a bit in February of 2019 compared with the previous year. Gardena saw 19 homes sale in February of this year compared with 19 the year before. Lawndale saw a slight increase of almost 3.5% in the average price of the homes sold over the year earlier. Hawthorne prices were almost 8% higher than in February of 2018.
We are proud to announce the recent sale of 3902 W 148th Street, Hawthorne, CA 90250 in Bodger Park. We’re so happy for our clients Kevin and Stephanie on the purchase of their first home. This was a beautiful 3 bedroom 2 bath single family home with 1581 sq feet, great curb appeal and a nice tree lined mid block location. Congratulations!!!!
The neighborhood of El Camino Village is somewhat made up. It’s a community name for a pocket of both Lanwdale and Gardena. Unlike some of the other nearby areas of Lawndale and Gardena, it has a more neighborhood feel with mostly one story single family homes on nice tree lined streets. There are only a very limited number of apartment buildings, duplexes, commercial etc. giving it a very upscale feel.
So How Much Of a Difference Does it Make?
The numbers paint a pretty compelling picture. The homes in El Camino Village sell for far more money, hold their values better, are well higher price per foot and sell much quicker. Oh what a difference a few blocks can make.
El Camino Village (Lawndale Section)
- 15 home sales in 2018
- The average home price was $663,700 and median sold price was $645,000
- Average price per square foot of $499.61 and median was $519.26
- Days on market average 15 and median of 9 days on market
All of Lawndale (excluding EC Village)
- 115 home sales
- The average sales price of $521,728 and a median sales price of $520,000.
- Average price per foot was $416.83 and median of $391.00.
- Average days on market of 41 and median days on market of 20.
Single family homes in Lawndale (excluding EC Village)
- 60 home sales
- The average sales price of $673,946 and a median sales price of $560,000
- Average price per foot was $469.56 and median was $467.34
- Average days on market was 49 and median days on market was 26
Without question, the neighborhood of El Camino Village is one of the hottest real estate markets in the South Bay. Not only are prices on the rise but demand never seems to ease up. We have represented buyers on 4 recent offers and in all 4 situations there were multiple offers and each home sold well over the original list price. See the current homes for sale in El Camino Village/Bodger Park.
The chart below is a great representation of current conditions (included Bodger Park in Hawthorne so slightly skewed numbers). Other than December which is almost always the slowest month of the year, days on market has been less than 2 weeks for the past few months. Those numbers are even lower when you consider that with mulitple offers it can sometimes take 4 or 5 days to negotiate and open escrow. The green line shows that for the past 12 months homes have sold OVER list prices. Given that many sellers have listed their homes for record numbers, that’s simply incredible.
Although not in El Camino Village, 4171 w 172nd Street in North Torrance is just down the street. From the wonderful curb appeal and the great location, to the upgrades and enhancements, it has it all. Drive up the tree lined street and pull up to a beautifully landscaped front yard and shaded front porch in a friendly neighborhood atmosphere. From the moment you enter you’ll notice the open and bright interior with a flexible floorplan to fit every lifestyle. This home boasts many impressive features, including a large open living and dining room with recessed lighting, hardwood floors, and sliders to the backyard and patio. The remodeled and spacious kitchen offers new granite counters, stainless steel appliances, ample cabinet space, roomy pantry, in kitchen breakfast area and opens to the living/dining areas. Two bright and beauitiful bedrooms sit off the front side of the home and share a beautifully remodeled full bathroom. The master bedroom addition is a spacious retreat with sliding doors to the backyard and private patio. The master suite offers walk-in closets, recessed lighting, a large master bath with tiled flooring, a beautiful shower and dual sinks. Enjoy the great year round weather in the landscaped grass back yard filled with flowers, fruit trees, and is ready for entertaining in the spacious patio area. Not for you? Search all of the homes for sale in Torrance.
- 4171 172nd Street, Torrance
- Priced at $735,000
- 3 bedrooms, 2 bathrooms
- 1,375 square feet
- remodeled throughout
- Grassy front and rear yards
The property located in a great neighborhood of Torrance with easy access to shopping, dining, freeways, the beach and a short distance to the South Bay Galleria.
June 2017 was a big month for home sales inand around El Camino Village and Bodger Park with a significant number of homes selling. Gardena saw 70 home sales with a median price of $461,000 while Hawthorne had 45 homes close escrow at a median price of $592,000 (the only downward year over year number of the three) and Lawndale had 12 homes sale with a median price of $535,000. The summer months are always an active market and this year was no different. Click here to track all of the recent home sales for El Camino Village and Bodger Park CA.
|City||Homes Sold||June 2017 Median||June 2016 Median||Year over Year % Change%|
|Marina Del Rey||34||$968,000||$900,000||7.6%|
|Palos Verdes Estates||46||$1,679,000||$1,533,000||9.5%|
|Playa Del Rey||34||$683,000||$603,000||13.3%|
|Rancho Palos Verdes||75||$1,240,000||$1,200,000||3.3%|