$6,411 Closing Credit*
$539,900
2,517 SqFt
4 Beds
•3 Full Baths
Doreen Mendoza, Listing Office: Coldwell Banker Blackstone
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 October 2023
At the same time last year, Lake View District was a Neutral Market.
Key Takeaway
Lake View District is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lake View District, CA
How much do homes in Lake View District, CA cost?
Median Sold Price
$565,000
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+2.7%)
Key Takeaway
Homes in Lake View District have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Lake View District was $565,000 in October 2024, up 2.7% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $275K | N/A |
| 2 Bedrooms | $346K | $320K | -7.5% |
| 3 Bedrooms | $520K | $547.5K | +5.3% |
| 4 Bedrooms | $591K | $600K | +1.5% |
| 5+ Bedrooms | $615.6K | $656K | +6.6% |
Summary: Lake View District housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.5%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Lake View Sphere | $485K | $600K | +23.7% |
| Alberhill | $610K | $635.5K | +4.2% |
| Lake View District | $550K | $565K | +2.7% |
Housing Supply in Lake View District, CA
How many homes are available in Lake View District, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 43 | 0.0% |
Summary: The Lake View District real estate market had 43 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 19 | 18 | -5.3% |
| 4 Bedrooms | 20 | 18 | -10.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Lake View District housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake View District, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Lake View District in October 2024, down by 45.5% month-over-month. Of the 6 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 18 Days | -43.8% |
Summary: Homes in Lake View District had an average of 18 days on market in Oct 2024, down by 43.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lake View District are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Lake View District; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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