Page 3 - Allisons Newsletter, Lakewood Edge - JUly 2019 Issue
P. 3

SUMMERTIME EVENTS Continued From Page One



         Stroll & Savor                                   sculptures, paintings, photography, and crafts. Unplug a little  ranches. Lush gardens, massive trees, shire horses, and sitting
                                                          and relax. It’s held on Linden between Broadway and 1st.  areas. This is a place to chill and relax; you’ll forget you’re in
                                                          Many nearby galleries are open. It’s held in downtown the  the city. Cost: FREE. Hours: Wednesday thru Sunday 1-5
                                                          second Saturday of each month.                   p.m. Tel: (562) 431-3541. 6400 East Bixby Hill Road. Enter
                                                                                                           at the intersection of Anaheim and Palo Verde.
                                                           BELMONT SHORE’S MONTHLY STROLL & SAVOR...
                                                            is the shore’s most popular event, a summer long “taste   WALKING TOUR OF DOWNTOWN
                                                          of Belmont Shore”, with over 40 restaurants offering the   LB Heritage takes you on an exploration of Downtown.
                                                          best of their menus. Enjoy an evening strolling 2nd Street,  This event happens on the 3rd Saturday of every month at
                                                          savoring  food from  around  the globe,  and listening  to  9:30 am. Grab your walking shoes as it runs 2 to 2.5 hours.
                                                          talented local musicians as you stroll with your family,  $10 per adult, Tickets payed thru PayPal. For reservations:
                                                          friends, and dogs  (yes, we have treats for dogs at Pussy  562-493-7019. Parking: $0 at 3rd & Promenade. Meets at
                                                          & Pooch). You can purchase tickets at various stores  205 East 3rd Street.
                                                          throughout the shore & in front of CHASE BANK the
                                                          night of event. The cost is $10 for a ticket book of 12         ATTEND ART WALK
                                                          tickets. Use tickets for both nights in same month only!   Take in street performances and live music. The event
                                                          Upcoming events are Wednesday, July 17 to Thursday, July  features sculptures, paintings, photography, and crafts.
                                                          18 and Wednesday, August 21 to Thursday, August 22.  Unplug a little and relax. Many nearby galleries are also
                                                                                                           open. It’s held in downtown on Linden between Broadway
                                                           RANCHO LOS ALAMITOS RANCH AND GARDENS           and 1st Street on the second Saturday of each month.   n
                                                            Listed on the
        with snacks. Service runs from March into fall. Kids aged 2  National Register
        and under ride at no cost. Best of all, there are racks to fasten  of Historic  Places,
        your bike. Runs on the hour from 11 am-6 pm. Option B, The  it  explores  the
        Aquabus is $1. For a relaxing ride, start from Alamitos Landing   early history of the
        with parking at no cost. Tel: (562) 591-2301.     city. Take a tour
                                                          to  understand  the
                 THE PIKE AT RAINBOW HARBOR               traditional birthplace
           Plenty of entertainment. Enjoy Bowling, movie theaters,  of the native people
        retail  outlets,  and  a  Ferris  Wheel  where  cost  is  $3.00 per  of the Los Angeles
        person. They validate for parking. Best time to go is in the  Basin. Hear about
        evening to see the harbor lights and the Queen Mary.  the Bixby family
                                                          who owned it and
                       ATTEND ART WALK                    learn about one of                                     Museum of Latin American Art
           Take in street performances and live music. It features  the last working

                              LAKEWOOD MARKET UPDATE





                            MEDIAN LIST PRICE - 90712                                                  REAL-TIME MARKET PROFILE
                                                                                                       NEVER MISS IMPORTANT CHANGES IN THE LAKEWOOD MARKET

                                                                                                         Median List Price                 $625,000

                                                                                                         Per Square Foot                   $428

                                                                                                         Days on Market                    39
                                                                                                         Price Decreased                   34%

                                                                                                         Price Increased                   0%

                                                                                                         Relisted                          6%

                                                                                                         Inventory                         35
          We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
                                                                                                         Median House Rent                 $2,000
          MARKET SEGMENTS                                 Each segment below represents approximately    Most Expensive                    $1,200,000
                                                          25% of the market ordered by price.
            MEDIAN PRICE   SQ. FT.     LOT SIZE       BEDS    BATH   AGE     NEW     ABSORBED  DOM
                                                                                                         Least Expensive                   $539,000
            $887,000      2,357    4,500 - 6,500 SQFT   3       1     61      2          0       39
            $649,888      1,560    4,500 - 6,500 SQFT   3       1     69      2          0       21      Market Action Index               63
            $559,000      1,250    4.500 - 6,500 SQFT   3       1     69      1          2       56      Strong Seller’s Market
            $574,900      1,202    4,500 - 6,500 SQFT   3       0     67      5          3       40


                            MEDIAN LIST PRICE - 90713                                                  REAL-TIME MARKET PROFILE
                                                                                                       NEVER MISS IMPORTANT CHANGES IN THE LAKEWOOD MARKET

                                                                                                         Median List Price                 $631,995

                                                                                                         Per Square Foot                   $417
                                                                                                         Days on Market                    54

                                                                                                         Price Decreased                   38%

                                                                                                         Price Increased                   4%

                                                                                                         Relisted                          12%
                                                                                                         Inventory                         26
          We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
                                                                                                         Median House Rent                 $2,8500
           MARKET SEGMENTS                                Each segment below represents approximately    Most Expensive                    $1,400,000
                                                          25% of the market ordered by price.
             MEDIAN PRICE   SQ. FT.    LOT SIZE       BEDS    BATH   AGE     NEW     ABSORBED  DOM
                                                                                                         Least Expensive                   $499,000
             $782,000      2,062   4,500 - 6,500 SQFT   4       2     64      1          1       44
             $694,350      1,704   4,500 - 6,500 SQFT   3       1     66      2          3       103     Market Action Index               77
             $619,000      1,492   4.500 - 6,500 SQFT   3       1     69      1          1       55      Strong Seller’s Market
             $599,000      1,175   4,500 - 6,500 SQFT   3       0     69      1          3       19
                                                                                                                                                         3
   1   2   3   4   5   6   7   8