New Weakness in Price Cuts for North Lakeport Real Estate Market

Sales in the North Lakeport market remained level with three homes sold over the past 30 days. However, the number of sellers reducing their listing price is still in the midst of a downward trend with four price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. While the number of price reductions trended lower, months of inventory is on a four-week upswing, this week hitting eight months. With decreasing sales and the availability of so much inventory, North Lakeport is a strong buyer's market.

Want to look at a home before anybody else does? Be the first to see these new listings in North Lakeport:

$475K   $269K   $549K  

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

Demographic facts about North Lakeport:

  • The population is currently 3,314.
  • The safety rating in this area is 80. (Scale: 1 = Worst, 100 = Best)
  • People in this area have an average commute to work of 24 minutes.

Data reported through 1/11/2017

Comments:


©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.