Is Lawrence Station, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lawrence Station is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Lawrence Station was a Neutral Market.

Key Takeaway

Lawrence Station is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lawrence Station, CA

How much do homes in Lawrence Station, CA cost?

Median Sold Price

$1,470,000

$925/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$136,000(+10.2%)

Key Takeaway

Homes in Lawrence Station have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Lawrence Station was $1,470,000 in November 2024, up 10.2% from last year, and the median price per square foot was $925.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $540K$932.5K
+72.7%
2 $1.1M$1.0M
-5.7%
3 $1.5M$1.6M
+10.9%
4 $1.7M$1.8M
+5.3%
5+ $4.1M-
N/A

Summary: Lawrence Station housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.7%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

East Murphy
+16.6%
Lawrence Station
+10.2%
Ponderosa
+7.7%

Housing Supply in Lawrence Station, CA

How many homes are available in Lawrence Station, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1610-37.5%

Summary: The Lawrence Station real estate market had 10 homes for sale in November 2024, a 37.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 55
0.0%
3 60
-100.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Lawrence Station housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
93-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lawrence Station, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Lawrence Station in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Lawrence Station, CA

How long does it take to sell a home in Lawrence Station, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days53 Days+96.3%

Summary: Homes in Lawrence Station had an average of 53 days on market in Nov 2024, up by 96.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lawrence Station has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Lawrence Station; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Lawrence Station, CA

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