Is Lakeview, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lakeview was a Seller's Market.
Housing Prices in Lakeview, LA
How much do homes in Lakeview, LA cost?
Median Sold Price
$548,500
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lakeview was $548,500 in April 2024, down 1.2% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $340K | $380K | +11.8% |
3 Bedrooms | $498K | $450.4K | -9.6% |
4 Bedrooms | $684.5K | $708.3K | +3.5% |
5+ Bedrooms | $752.5K | $901.1K | +19.8% |
Summary: Lakeview 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 11.8%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 19.8%.
Median Sold Price Compared To Nearby Neighborhoods
West End | $435K | $490K | +12.6% |
Lakeshore / Lake Vista | $595K | $664.2K | +11.6% |
City Park | $455K | $450K | -1.1% |
Lakeview | $555K | $548.5K | -1.2% |
Navarre | $457K | $429.5K | -6.0% |
Housing Supply in Lakeview, LA
How many homes are available in Lakeview, LA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
90 | 94 | +4.4% |
Summary: The Lakeview real estate market had 94 homes for sale in April 2024, a 4.4% 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 | 3 | 3 | 0.0% |
3 Bedrooms | 30 | 32 | +6.7% |
4 Bedrooms | 30 | 30 | 0.0% |
5+ Bedrooms | 27 | 29 | +7.4% |
Summary: The Lakeview 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 remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 7.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 10 | -9.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Lakeview in April 2024, down by 9.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Lakeview, LA
How long does it take to sell a home in Lakeview, LA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 56 Days | +3.2% |
Summary: Homes in Lakeview had an average of 56 days on market in Apr 2024, up by 3.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Lakeview; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.