$10,000 Closing Credit*
$1,575,000
3,334 SqFt
4 Beds
•2 Full Baths
Pamela Ruble, Listing Office: Redfin
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 November 2023
At the same time last year, Lake View Villas was a Seller's Market.
Key Takeaway
Lake View Villas is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lake View Villas, OR
How much do homes in Lake View Villas, OR cost?
Median Sold Price
$2,100,000
$647/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$500,000(+31.3%)
Key Takeaway
Homes in Lake View Villas have sold for 31.3% more than they did a year ago.
Summary: The median home sold price in Lake View Villas was $2,100,000 in November 2024, up 31.3% from last year, and the median price per square foot was $647.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $433K | - | N/A |
| 3 Bedrooms | $1.6M | $1.2M | -24.6% |
| 4 Bedrooms | $1.5M | $2.3M | +54.2% |
| 5+ Bedrooms | $2.6M | $3.1M | +19.5% |
Summary: Lake View Villas 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 did not change, 3 bedroom homes decreased by 24.6%, 4 bedroom homes increased by 54.2%, and 5+ bedroom homes increased by 19.5%.
Housing Supply in Lake View Villas, OR
How many homes are available in Lake View Villas, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 20 | -9.1% |
Summary: The Lake View Villas real estate market had 20 homes for sale in November 2024, a 9.1% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Lake View Villas 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 33.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was 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 1 homes were sold or pending in Lake View Villas in November 2024, down by 75.0% month-over-month. Of the 1 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 112 Days | 209 Days | +85.8% |
Summary: Homes in Lake View Villas had an average of 209 days on market in Nov 2024, up by 85.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Lake View Villas are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Lake View Villas; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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