$144K  
The Lucerne market may be experiencing a long pullback but sales stood their ground this week at one home sold over the last 30 days. The median sales price in Lucerne stayed put this week at $259,000. A downturn in sales, coupled with the availability of 41 months of inventory, prove that Lucerne is a definite buyer's market.
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$375K  
Home sales in the Lucerne market stayed soft in this week's report as they fell 66.7% to one home sold over the last 30 days. On the other hand, close-by Hidden Valley Lake registered 28 homes sold in the same time frame, the most of all surrounding cities. The median sales price tumbled to $259,000, down from last week's $900,000. Along with the slip in sales, a relatively high 40 months of inventory indicates that Lucerne is a strong buyer's market.
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$179K  
With 3,067 residents, Lucerne is an average-sized city in California. Also, with a 5.8% increase over the last 10 years, its population is growing slightly faster than other parts of the state. The Lucerne market is almost exclusively made up of detached houses, which currently account for 97% of the homes for sale in the area. Topping the list of best schools in the city is Lucerne Elementary School.
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$199K  
Over the past 30 days, there have been fewer price cuts in the Lucerne market, continuing a three-week declining trend to land at three. Home sales were also down to three over the same period. The median sales price jumped to $900,000 over the latest reporting period for Lucerne, up from $140,000. Lucerne is a definite buyer's market, thanks to a big 13 months of inventory to choose from and a pullback in sales.
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$479K  
The Lucerne market slowed this week but was still better than normal as sales slid 16.7% to five homes sold over the last 30 days. On the other hand, close-by Hidden Valley Lake registered 27 homes sold in the same time frame, the most of all surrounding cities. Prices are falling in Lucerne, and this period the median price of all sales fell from $332,500 to $140,000. With decreasing sales and the availability of eight months of inventory, Lucerne is a definite buyer's market.
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$325K  
The Lucerne market slowed with a 33.3% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (3.9) with six homes sold. Meanwhile, close-by Clearlake reported 16 homes sales, the highest number from all the surrounding cities. The median sales price rose dramatically to $332,500 over the latest reporting period for Lucerne, up from $140,000. With decreasing sales and the availability of eight months of inventory, Lucerne is a definite buyer's market.
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$479K  
The Lucerne market seems to be approaching a low, as the number of contracts executed fell to one, the lowest levels since last October. Meanwhile, sales came in at nine homes sold over the last 30 days. When comparing other close-by municipalities within the same period, the most came from Clearlake with 14 contracts executed. The median sales price climbed to $140,000, up from last week's $112,000.
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$190K  
Over the last 30 days, the Lucerne market was busy with seven homes sold, a 16.7% increase from last week's report. At the same time, close-by Cloverdale reported 15 home sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Lucerne, with the median for this period rising from $111,000 to $112,000. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning Lucerne is still a solid buyer's market.
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$190K  
The population of Lucerne is much less affluent than average compared to others in California with a median income of $30,279 per household. It's also considered a much less expensive city in terms of affordability with a cost of living adjustment score of 100.6. With a median age of 37 years, homes in Lucerne tend to be relatively old. Topping the list of best schools in the city is Lucerne Elementary School.
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$999K  
Over the last 30 days, a recent downward trend of new sellers coming into the Lucerne market continued, with six listings in this week's report. Meanwhile, sales rose, with six homes selling during the same period. The median sales price climbed to $111,000 over the latest reporting period for Lucerne, up from $110,000. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning Lucerne is still a strong buyer's market.
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