$349K  
Over the last 30 days, a determined upward trend of new sellers coming into the Lower Lake market continued, with four listings in this week's report. Meanwhile, sales remained flat, with four homes selling during the same period. Potential buyers should take note that the median sales price in Lower Lake stayed flat at $107,500 and that there are four months of inventory still available.
Comments:

$599K  
A record four homes were sold in the Lower Lake market over the last 30 days, which is a new high going back to August. This is a 33.3% spike from the previous period. In comparison, Hidden Valley Lake had 28 sales in the same time frame, the most of all nearby municipalities. The median sales price jumped to $107,500 over the latest reporting period for Lower Lake, up from $62,000.
Comments:

$109K  
Lower Lake is a smaller-than-average city in California with a population of 1,294 residents. Also, it has a lower than average density with 485.3 people per square mile. Keep in mind, most people in Lower Lake own their homes, with a 55.2% ownership ratio. Topping the list of best schools in the city is Lower Lake High School.
Comments:

$109K  
Over the last 30 days, the number of homes sold in the Lower Lake rose to three. While the sales increased, the amount of pending transactions also trended upward, reaching a total of two during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price of all transactions in Lower Lake did not budge this week, remaining at $62,000.
Comments:

$250K  
Sales have ticked up to two homes sold over the last 30 days in the Lower Lake market. But sellers can expect more competition, due to a three-week upward trend in homes coming into the market, now up to four for the same period. Even after the uptick in sales, an elevated nine months of inventory tells us that Lower Lake is still a definite buyer's market.
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$150K  
Over the last 30 days, no deals were completed in the Lower Lake market. It further extends a six-weeks downward trend in sales.
Comments:

$150K  
A bump in the number of contracts in the Lower Lake market over the last 30 days resulted in the highest amount since July. two homes went under contract to go along with one completed sale, which also extends a five-week downward sales trend. In comparison, Clearlake had 14 contracts executed in the same time frame, the most of all nearby municipalities. The median sales price remained unchanged over the latest reporting period for Lower Lake, coming in at $136,000. Lower Lake is a solid buyer's market, due to a big 16 months of inventory left and aided by the flat sales.
Comments:

$379K  
The Lower Lake market stayed soft this week as sales slid 50.0% to land at one home sold over the last 30 days. Within the same time frame, Cloverdale had 15 sales, the most of all cities in the area. The median sales price dropped to $136,000 over the latest reporting period for Lower Lake, down from $150,500. With decreasing sales and the availability of 16 months of inventory, Lower Lake is a strong buyer's market.
Comments:

$109K  
Lower Lake is much younger than the rest of California, with a median age of 46. It's much less affluent than average as well, with a median income of $34,749 per household. The Lower Lake market is almost exclusively made up of detached homes, currently accounting for 100% overall. Heading the list of top schools in the city is Lower Lake High School.
Comments:

$109K  
The number of sellers who put their homes up for sale in the Lower Lake market over the last 30 days remained flat this week at three. Home sales also remained unchanged from the prior period and once again two homes were sold. The median sales price in Lower Lake stayed put this week at $150,500. Along with flat sales, a relatively high eight months of inventory indicates that Lower Lake is a definite buyer's market.
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