The Upper Lake market is enjoying an extended upward trend, even as sales remained flat at one home over the last 30 days. The median sales price of all transactions in Upper Lake did not budge this week, remaining at $175,000. There are only two months of inventory available in Upper Lake, so it's a definite seller's market, even if sales are flat.
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Upper Lake is a smaller-than-average city in California that has seen a 16.9% increase in population over the last 10 years. It also has a total population of 1,052. With a median age of 35 years, homes in Upper Lake tend to be relatively old. Heading the list of top schools in the city is Upper Lake High School.
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The number of homes coming into the Upper Lake market stayed firm with two listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. Pricing in Upper Lake remains consistent from last week to this week, with the median sales price at $175,000 again. With only two months of inventory to sell, Upper Lake is a definite seller's market, in spite of the flat sales.
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$279K  
The Upper Lake market saw sales remain consistent with one home sold over the last 30 days and is also under an emerging downward trend in the number of contracts closing, with this week's number falling to zero. The median sales price remained unchanged over the latest reporting period for Upper Lake, coming in at $175,000. With only three months of inventory to sell, Upper Lake is a still seller's market, even after taking into consideration the falling contracts numbers.
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$279K  
Sales ticked up to one home sold over the last 30 days in the Upper Lake market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to one for the same period. With just three months of inventory available and sales going up, Upper Lake is a seller's market.
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$179K  
Typically, Upper Lake accounts for 1.4 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales.
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$200K  
Upper Lake is a much less affluent than average city in California with a median income of $32,127 per household. The population is also considered older than most with a median age of 36 years. Upper Lake is an area where most people own their homes, with an ownership ratio of 60.7%. Topping the list of best schools in the city is Upper Lake High School.
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$179K  
The Upper Lake market reported another in a series of 30-day periods with zero home sales. Upper Lake usually averages 1.4 sales per month.
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$200K  
Yet again, no deals were completed in the Upper Lake market over the last 30 days. Upper Lake is used to having 1.4 sales per month.
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$200K  
The Upper Lake market reported another in a series of 30-day periods with zero home sales. Upper Lake usually averages 1.4 sales per month.
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