Price Cuts Low in Lakeview Terrace Real Estate Market

Price reductions have decreased in the Lakeview Terrace market, reaching a low that hasn't been seen since January. With the market tightening, there were 14 homes sold over the last 30 days. During the same time frame, North Hollywood county had the most of any other close-by neighborhood with 48 price reductions. Furthermore, a six-week downward trend in new listings is expected to continue over the coming weeks. Potential buyers should note that prices are coming down in Lakeview Terrace, and for this period the median sales price slid from $565,000 to $548,500. With just three months of inventory available and sales going up, Lakeview Terrace is a seller's market.

You never know when the perfect home may come in the market so take a look at the new listings in Lakeview Terrace:

$519K   $550K   $415K  

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


Data reported through 10/12/2016

Comments:


©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.