$495,000
Land
Frank Barrett, Listing Office: RE/MAX Affiliates
Is Lakeshore / Lake Vista, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lakeshore / Lake Vista was a Seller's Market.
Key Takeaway
Lakeshore / Lake Vista is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lakeshore / Lake Vista, LA
How much do homes in Lakeshore / Lake Vista, LA cost?
Median Sold Price
$672,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$77,000(+12.9%)
Key Takeaway
Homes in Lakeshore / Lake Vista have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in Lakeshore / Lake Vista was $672,000 in November 2024, up 12.9% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $494.2K | $510K | +3.2% |
| 3 Bedrooms | $575K | $575K | 0.0% |
| 4 Bedrooms | $712.5K | $1.0M | +47.4% |
| 5+ Bedrooms | $1.1M | $728K | -36.7% |
Summary: Lakeshore / Lake Vista housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 47.4%, and 5+ bedroom homes decreased by 36.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Lakeshore / Lake Vista | $595K | $672K | +12.9% |
| City Park | $415K | $450K | +8.4% |
| Gentilly | $265K | $275K | +3.8% |
Housing Supply in Lakeshore / Lake Vista, LA
How many homes are available in Lakeshore / Lake Vista, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 36 | +2.9% |
Summary: The Lakeshore / Lake Vista real estate market had 36 homes for sale in November 2024, a 2.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Lakeshore / Lake Vista housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lakeshore / Lake Vista, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Lakeshore / Lake Vista in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lakeshore / Lake Vista, LA
How long does it take to sell a home in Lakeshore / Lake Vista, LA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 252 Days | 51 Days | -79.8% |
Summary: Homes in Lakeshore / Lake Vista had an average of 51 days on market in Nov 2024, down by 79.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lakeshore / Lake Vista has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Lakeshore / Lake Vista; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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