Is Lake View District, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lake View District has remained a Seller's Market.
Housing Prices in Lake View District, CA
How much do homes in Lake View District, CA cost?
Median Sold Price
$560,000
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lake View District was $560,000 in April 2024, up 1.7% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $282.5K | N/A |
2 Bedrooms | $305.5K | $320K | +4.7% |
3 Bedrooms | $520K | $540K | +3.8% |
4 Bedrooms | $585K | $600K | +2.6% |
5+ Bedrooms | $627K | $622.5K | -0.7% |
Summary: Lake View District housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Neighborhoods
Lake Edge | $525K | $565.3K | +7.7% |
Lake View District | $550.5K | $560K | +1.7% |
Housing Supply in Lake View District, CA
How many homes are available in Lake View District, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 48 | +6.7% |
Summary: The Lake View District real estate market had 48 homes for sale in April 2024, a 6.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 16 | 20 | +25.0% |
4 Bedrooms | 20 | 18 | -10.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Lake View District housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 11 | -26.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Lake View District in April 2024, down by 26.7% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.
Days on Market for Lake View District, CA
How long does it take to sell a home in Lake View District, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
64 Days | 17 Days | -73.5% |
Summary: Homes in Lake View District had an average of 17 days on market in Apr 2024, down by 73.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Lake View District; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.