$8,016 Closing Credit*
$675,000
2,458 SqFt
4 Beds
•3 Full Baths
Stacie Carubba, Listing Office: Athena Real Estate
Is Lakeview, LA 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, Lakeview was a Seller's Market.
Key Takeaway
Lakeview is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lakeview, LA
How much do homes in Lakeview, LA cost?
Median Sold Price
$515,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$72,500(-12.3%)
Key Takeaway
Homes in Lakeview have sold for 12.3% less than they did a year ago.
Summary: The median home sold price in Lakeview was $515,000 in October 2024, down 12.3% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $400.5K | $349.9K | -12.6% |
| 3 Bedrooms | $460K | $472.5K | +2.7% |
| 4 Bedrooms | $680K | $670K | -1.5% |
| 5+ Bedrooms | $778K | $871.6K | +12.0% |
Summary: Lakeview 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 12.6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 12%.
Median Sold Price Compared To Nearby Neighborhoods
| Lakeshore / Lake Vista | $575K | $672.7K | +17.0% |
| West End | $470K | $435.6K | -7.3% |
| Lakeview | $587.5K | $515K | -12.3% |
Housing Supply in Lakeview, LA
How many homes are available in Lakeview, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 104 | 108 | +3.8% |
Summary: The Lakeview real estate market had 108 homes for sale in October 2024, a 3.8% 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 | 12 | 13 | +8.3% |
| 3 Bedrooms | 35 | 34 | -2.9% |
| 4 Bedrooms | 27 | 30 | +11.1% |
| 5+ Bedrooms | 30 | 31 | +3.3% |
Summary: The Lakeview 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 8.3%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 3.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
8 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 Lakeview, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Lakeview in October 2024, down by 38.5% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lakeview, LA
How long does it take to sell a home in Lakeview, LA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 49 Days | +85.8% |
Summary: Homes in Lakeview had an average of 49 days on market in Oct 2024, up by 85.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lakeview has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Lakeview; 25% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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