$10,000 Closing Credit*
$960,000
3,211 SqFt
5 Beds
•4 Full Baths, 1 Partial
Jessica Mayhall, Listing Office: Arnemann & Brandner Realty, LLC
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 October 2023
Since last year, Lakeshore / Lake Vista has remained a Buyer'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
$672,775
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$97,775(+17.0%)
Key Takeaway
Homes in Lakeshore / Lake Vista have sold for 17% more than they did a year ago.
Summary: The median home sold price in Lakeshore / Lake Vista was $672,775 in October 2024, up 17% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $329.6K | - | N/A |
| 2 Bedrooms | $494.2K | $510K | +3.2% |
| 3 Bedrooms | $570K | $575K | +0.9% |
| 4 Bedrooms | $712.5K | $1.1M | +68.2% |
| 5+ Bedrooms | $1.0M | $728K | -28.1% |
Summary: Lakeshore / Lake Vista 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 3.2%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 68.2%, and 5+ bedroom homes decreased by 28.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Lakeshore / Lake Vista | $575K | $672.7K | +17.0% |
| Gentilly | $265K | $280K | +5.7% |
| Lake Terrace / Lake Oaks | $452.5K | $415.5K | -8.2% |
Housing Supply in Lakeshore / Lake Vista, LA
How many homes are available in Lakeshore / Lake Vista, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 41 | +7.9% |
Summary: The Lakeshore / Lake Vista real estate market had 41 homes for sale in October 2024, a 7.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Lakeshore / Lake Vista 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 33.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lakeshore / Lake Vista, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Lakeshore / Lake Vista in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 72 Days | +65.5% |
Summary: Homes in Lakeshore / Lake Vista had an average of 72 days on market in Oct 2024, up by 65.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lakeshore / Lake Vista are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Lakeshore / Lake Vista; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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