Lake Arbor Real Estate Market Continues Weakening in Home Sales

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:

$114K   $135K   $144K  

Get started right now by checking out Lake Arbor homes for sale or reviewing Lake Arbor real estate trends.

Demographic facts for Lake Arbor:

  • The rating for this area for population growth is 45. (Scale: 1 = Worst, 100 = Best)
  • The ratio for physicians is 160.2 for every 100,000 people.
  • This area has a health cost index score of 102.6. (100 = national average)
  • The breakdown of residents commuting to work is 71.8% by car, 9.9% by carpool, and 14.4% by public transit.

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
RE/MAX United Real Estate
65 reviews
Harbor View Realty INC
Snapped 2 homes in this area
Goldsmith Realty, Inc.
Snapped 2 homes in this area

Agents that specialize in this area
1 snap in this area
1 snap in this area
1 snap in this area
1 snap in this area
1 snap in this area
2 snaps in this area
1 snap in this area
1 snap in this area
1 snap in this area
2 snaps in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.