New Growth in Contracts for Lake City Real Estate Market

The Lake City market took a break this week as sales dropped to five homes sold over the last 30 days. However, the number of homes under contract shows a recent upward trend, and is now at 14. Prices are falling in Lake City, and this period the median price of all sales fell from $77,000 to $65,000. In spite of the decrease in sales, a low two months of inventory signals that Lake City is a strong seller's market.

Be the first to look at these new listings in Lake City and you could discover the right home:

$120K  

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

Demographic facts for Lake City:

  • This area has 24.4% vacant homes.
  • The area gets 216 sunny days a year. (U.S. average: 205)
  • The student per librarian ratio in this area is 419:1. (803:1 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Coldwell Banker Residential Brokerage
Snapped 1 home 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.