Biggest Paramount price cut this week: $146,112 on 16623 Lake Avenue
The asking price on 16623 Lake Avenue dropped from $1,395,000 to $1,248,888. This week in Paramount: 3 new listings, 6 price cuts, 2 closed sales and 3 homes going under contract. Data as of October 11, 2026.
ParamountCaliforniaWeek of October 5, 2026
The week in Paramount
What moved, what dropped and what changed hands in Paramount, read the way an inspector reads a house.
The Paramount file →The largest reduction on the desk was 16623 Lake Avenue — down $146,112, from $1,395,000 to $1,248,888, listed by Y Realty.
5 listings changed status: 2 pending, 2 sold, 1 active under contract. The brokerage on every row below is the listing brokerage on the record, not ours.
3 homes came to market, asking from $135,000 to $825,000.
That is the week, address by address. What any one of these rows means for a house on the same street is the question the file answers next.
On the streetA Paramount street of the kind this week's rows sit on. Illustrative — not a photograph of any address listed below.
This week on the desk
- 13944 Brightwell AvenueCentury 21 AllstarsPending▇▇▇▇ ▇▇▇▇ VaultWatch
- 15540 ColoradoEXP REALTY OF CALIFORNIA INC.Active Under Contract▇▇▇▇ ▇▇▇▇ VaultWatch
- 15939 IllinoisPacific Sotheby's Int'l RealtySold▇▇▇▇ ▇▇▇▇ VaultWatch
- 7249 MarcelleVylla Home, Inc.Sold▇▇▇▇ ▇▇▇▇ VaultWatch
- 15361 Hunsaker Avenue APACIFIC SHORES REALTYPending▇▇▇▇ ▇▇▇▇ VaultWatch
- 8713 AlondraReal BrokerCut $100,000▇▇▇▇ ▇▇▇▇ VaultWatch
- 16623 Lake AvenueY RealtyCut $146,112▇▇▇▇ ▇▇▇▇ VaultWatch
- 16619 Lake AvenueY RealtyCut $146,112▇▇▇▇ ▇▇▇▇ VaultWatch
Bought by: I follow these closings myself — some of these buyers I know, a few were my clients. The names are for Vault members; everything else on the row is open.
Week of October 5, 2026. Listing brokerage shown on each row; the buyer's name stays behind the Vault.
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Desk noteParamount closed sales climb to 5 this week, from 2
5 sales closed in Paramount this week, against 2 the week before. This week in Paramount: 5 new listings, 7 price cuts, 5 closed sales and 1 home going under contract. Data as of October 18, 2026.
NeighbourhoodDowntown / Civic Center
Built around the Hay Tree, a camphor tree planted in 1883 in the old town of Hynes and designated California Historic Landmark No. 1038 in 2003; hay traders gathered under it each morning from 1930 to 1960 to set a price quoted on the New York and Chicago markets.
NeighbourhoodClearwater
Founded in 1886-87 by the California Cooperative Colony Tract Company as a dairy-and-hay settlement, Clearwater merged with neighboring Hynes in 1948 to form Paramount; the name still identifies a district on local real-estate listing sites today.
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