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Town comparisons › Lakewood vs Pine

Lakewood vs Pine

Lakewood and Pine are both in Jefferson County. There are 360 homes for sale in Lakewood and 47 in Pine as this page loaded. Pine is the more expensive of the two: a median asking price of $750,000 against $504,500 in Lakewood, about 49% higher. Homes are moving faster in Lakewood — a median of 80 days on market against 86 in Pine. Lakewood is a seller's market right now and Pine is a buyer's market.

Side by side

MeasureLakewoodPine
Homes for sale36047
New in last 30 days816
Median asking price$504,500$750,000
Median price per sq ft$299$345
Median size (sq ft)1,6062,223
Median bedrooms33
Median days on market8086
Months of supply2.58.1
Sold, last 12 months1,73970
Median sold price$570,000$761,000
Median days to sell5576
Sold vs asking price100.0%98.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Lakewood is a seller's marketUnder three months of supply means the homes for sale would run out in under three months at the current pace of sales. Sellers tend to hold their price and good homes go quickly.
Pine is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.

Lakewood

360
Homes for sale
$504,500
Median asking price
$299
Median per sq ft
80
Median days on market

Pine

47
Homes for sale
$750,000
Median asking price
$345
Median per sq ft
86
Median days on market

Look at either town on its own

Questions people ask

Is Lakewood or Pine more expensive?

Pine is more expensive. The median asking price is $750,000 in Pine against $504,500 in Lakewood. By price per square foot, Lakewood runs $299 and Pine $345.

Which moves faster, Lakewood or Pine?

Homes for sale in Lakewood have been on the market a median of 80 days, against 86 days in Pine. Of the homes that actually closed in the last twelve months, Lakewood took a median of 55 days and Pine 76.

Is Lakewood or Pine the better market for a buyer?

Lakewood is a seller's market and Pine is a buyer's market, measured on months of supply — 2.5 months in Lakewood and 8.1 in Pine. More months of supply means more choice and more room to negotiate, so on that measure Pine is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Lakewood and Pine?

There are 360 homes for sale in Lakewood and 47 in Pine as this page loaded, 81 and 6 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.