A three-week rough patch for the overall sales trend continues in the Lake Arbor market. On a positive note, the number of sales actually rose 66.7% over the last 30 days to hit five. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price in Lake Arbor climbed to $296,000 while months of inventory shrunk to four.
Trying to find an affordable a home? Take a look at these low-priced listings in Lake Arbor: