$1,039,999
2,346 SqFt
5 Beds
•3 Full Baths
Rima Rafeh, Listing Office: eXp Realty of California Inc
October 2024
Report Updated 4 Days Ago
Is Lake View Terrace, 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 Terrace was a Seller's Market.
How much do homes in Lake View Terrace, CA cost?
$959,000
$531/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Lake View Terrace was $959,000 in October 2024, up 15.9% from last year, and the median price per square foot was $531.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $610K | N/A |
2 Bedrooms | $510K | $545K | +6.9% |
3 Bedrooms | $805K | $970K | +20.5% |
4 Bedrooms | $860K | $962K | +11.9% |
5+ Bedrooms | $943.5K | $1.0M | +6.4% |
Summary: Lake View Terrace 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 increased by 6.9%, 3 bedroom homes increased by 20.5%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 6.4%.
Lake View Terrace | $827.5K | $959K | +15.9% |
Shadow Hills | $973.5K | $1.0M | +8.4% |
The San Fernando Valley | $870.2K | $937.5K | +7.7% |
Sunland | $813.5K | $862.5K | +6.0% |
Sylmar | $735K | $760K | +3.4% |
How many homes are available in Lake View Terrace, CA?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
24 | 21 | -12.5% |
Summary: The Lake View Terrace real estate market had 21 homes for sale in October 2024, a 12.5% decrease compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 12 | 9 | -25.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Lake View Terrace 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 decreased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Lake View Terrace in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
How long does it take to sell a home in Lake View Terrace, CA?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
16 Days | 22 Days | +37.4% |
Summary: Homes in Lake View Terrace had an average of 22 days on market in Oct 2024, up by 37.4% compared to last year.
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During October 2024, 3 homes were sold in Lake View Terrace; 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.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 4 Days Ago
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Based on information from California Regional MLS for the period 11/01/2022 - 11/01/2024
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.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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