$10,000 Closing Credit*
$1,850,000
4,571 SqFt
6 Beds
•4 Full Baths
Christine Monty, Listing Office: RE/MAX Equity Group
Is Lake View Villas, OR 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, Lake View Villas has remained a Seller's Market.
Key Takeaway
Lake View Villas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lake View Villas, OR
How much do homes in Lake View Villas, OR cost?
Median Sold Price
$1,977,500
$647/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$427,500(+27.6%)
Key Takeaway
Homes in Lake View Villas have sold for 27.6% more than they did a year ago.
Summary: The median home sold price in Lake View Villas was $1,977,500 in October 2024, up 27.6% from last year, and the median price per square foot was $647.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $433K | - | N/A |
| 3 Bedrooms | $1.7M | $1.2M | -30.2% |
| 4 Bedrooms | $1.5M | $2.5M | +72.2% |
| 5+ Bedrooms | $3.5M | $2.8M | -17.9% |
Summary: Lake View Villas 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 did not change, 3 bedroom homes decreased by 30.2%, 4 bedroom homes increased by 72.2%, and 5+ bedroom homes decreased by 17.9%.
Housing Supply in Lake View Villas, OR
How many homes are available in Lake View Villas, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 23 | -20.7% |
Summary: The Lake View Villas real estate market had 23 homes for sale in October 2024, a 20.7% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 3 | -62.5% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Lake View Villas 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 remained the same, 3 bedroom homes decreased by 62.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Asking Price vs. Sold Price
4 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 Lake View Villas, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Lake View Villas in October 2024, down by 50.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lake View Villas, OR
How long does it take to sell a home in Lake View Villas, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 76 Days | +101.7% |
Summary: Homes in Lake View Villas had an average of 76 days on market in Oct 2024, up by 101.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lake View Villas has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Lake View Villas; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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