Home Sales Down in Lakemont Real Estate Market

Home sales in the Lakemont market stayed soft in this week's report as they dropped 14.3% to six homes sold over the last 30 days. Meanwhile, the Lake Hills neighborhood reported 20 home sales, the highest number from all of the surrounding neighborhoods. Potential buyers should note that prices went up in Lakemont, with the median for this period rising from $900,000 to $905,050. There are only two months of inventory available in Lakemont, so it's a strong seller's market, even with the decrease in sales.

If you're looking for a large number of bathrooms, take a look at these three homes in Lakemont that offer the most of all available listings:

$6M   $2.5M   $4.2M  

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

Demographic facts about Lakemont:

  • The median house value here is $681,245.
  • This area usually gets 177 rainy days each year. (U.S. average: 100)
  • This area has an unemployment rate of 7.1%.
  • There are 18.8 students for every teacher. (15.3 = national average)

Data reported through 10/19/2016


Ask a local expert about this area:
Best Choice Realty LLC
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Best Choice Realty
Snapped 2 homes in this area
ReMax Exemplary
Snapped 1 home in this area

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