New Increase in Contracts for Lake County Real Estate Market

The Lake County market got a boost this week as sales shot up to 11 homes sold over the last 30 days to go with a recent upward trend of contracts closing, now up to 14. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Potential buyers should note that prices went up in Lake County, with the median for this period rising from $206,750 to $208,000. The higher trending contracts numbers and the fact that there are a lower-than-normal three months of inventory to work through indicate that Lake County is a seller's market.

For the best bang for your buck, check out these listings that recently had significant price cuts in Lake County:

$515K   $549K   $395K  

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

Demographic facts for Lake County:

  • This area has a population growth rating of 58. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 27.4 physicians.
  • The area's health cost index score is 102.1. (100 = national average)
  • 61.0% of the residents commute to work alone in their car, 26.8% via carpool, and 2.9% by way of public transit.

Data reported through 10/19/2016

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