Is Lake View Sphere, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lake View Sphere is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Lake View Sphere was a Neutral Market.

Key Takeaway

Lake View Sphere is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lake View Sphere, CA

How much do homes in Lake View Sphere, CA cost?

Median Sold Price

$527,500

$329/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$81,550(+18.3%)

Key Takeaway

Homes in Lake View Sphere have sold for 18.3% more than they did a month ago.

Summary: The median home sold price in Lake View Sphere was $527,500 in November 2024, up 18.3% from last month, and the median price per square foot was $329.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $372K-
N/A
2 --
N/A
3 -$515K
N/A
4 $519.9K$540K
+3.9%
5+ --
N/A

Summary: Lake View Sphere housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes did not change.

Housing Supply in Lake View Sphere, CA

How many homes are available in Lake View Sphere, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1311-15.4%

Summary: The Lake View Sphere real estate market had 11 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 66
0.0%
4 54
-20.0%
5+ 11
0.0%

Summary: The Lake View Sphere housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lake View Sphere, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Lake View Sphere in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Lake View Sphere, CA

How long does it take to sell a home in Lake View Sphere, CA?

Average Sale Time

Oct 2024Nov 2024CHANGE
20 Days51 Days+155.0%

Summary: Homes in Lake View Sphere had an average of 51 days on market in Nov 2024, up by 155% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lake View Sphere are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Lake View Sphere; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Lake View Sphere, CA

Nearby Markets to Lake View Sphere, CA