Clearlake Oaks is an average-sized city in California with a population of 2,359 residents, and it has an average density compared to the rest of the state, with 1,193.4 people per square mile. Clearlake Oaks has an home ownership ratio of 45.1% and a renting ratio of 19.5%. Heading the list of top schools in the city is East Lake Elementary School.
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$198K  
In this week's report, the number of homes sold in the Clearlake Oaks market slid to seven over the past 30 days. It marked a decrease of 22.2% from last week's report and a fall below the monthly average. Within the same time frame, Clearlake had 21 sales, the most of all cities in the area. Potential buyers should note that prices went up in Clearlake Oaks, with the median for this period rising from $285,000 to $289,000. With decreasing sales and the availability of nine months of inventory, Clearlake Oaks is a strong buyer's market.
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$419K  
While home sales in the Clearlake Oaks market have been above average, in this week's report they fell 18.2% to nine homes sold over the last 30 days. Meanwhile, close-by Clearlake reported 23 homes sales, the highest number from all the surrounding cities. The median sales price continued to rise, trending upwards for eight weeks to reach $285,000.
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$490K  
The Clearlake Oaks market has established a new upward trend, reiterated this week as sales rose 22.2% to 11 homes over the last 30 days. Pricing in Clearlake Oaks remains consistent from last week to this week, with the median sales price at $165,000 again.
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$259K  
Over the last 30 days, an emerging upward trend of new sellers coming into the Clearlake Oaks market continued, with 16 listings in this week's report. Meanwhile, sales have risen as well, with eight homes selling during the same period. The median sales price rose to $164,750 over the latest reporting period for Clearlake Oaks, up from $164,500.
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The population of Clearlake Oaks is much less affluent than average compared to others in California with a median income of $29,474 per household. It's also considered a much less expensive city in terms of affordability with a cost of living adjustment score of 98.1. Clearlake Oaks is made up of homes that are considered relatively old with a median of 37 years. The top school in the city is East Lake Elementary School.
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$490K  
The number of sellers reducing prices in the Clearlake Oaks market trended up to four over the last 30 days, extending a three-week streak. During the same period, seven sales were completed. While price reduction numbers were strong, the median sales price of homes sold came in at $164,500, which extended a price upswing to four weeks. With no movement in sales and the availability of seven months of inventory, Clearlake Oaks is a strong buyer's market.
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$250K  
The Clearlake Oaks market is remaining active, and while sales this week came in at seven homes sold over the last 30 days, new listings are at the highest they've been since October. In comparison, Clearlake led all other nearby municipalities with 36 new listings. Prices are falling in Clearlake Oaks, and this period the median price of all sales fell from $175,000 to $140,000. Along with the upward trend in new listings, there are seven months of inventory left to work through, meaning Clearlake Oaks is a strong buyer's market.
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$280K  
The Clearlake Oaks market saw sales remain flat this week with five homes sold over the last 30 days, while new listings jumped to 13. Pricing in Clearlake Oaks remains consistent from last week to this week, with the median sales price at $175,000 again. Clearlake Oaks is a definite buyer's market, thanks to a big nine months of inventory to choose from and the flat sales.
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$219K  
In this week's report, the number of homes sold in the Clearlake Oaks market fell to five over the past 30 days. It marked a decrease of 28.6% from last week's report and a fall below the monthly average. In comparison, nearby Clearlake had 18 sales in the same time frame, the most of all neighboring cities. Pricing in Clearlake Oaks remains consistent from last week to this week, with the median sales price at $175,000 again. With decreasing sales and the availability of nine months of inventory, Clearlake Oaks is a definite buyer's market.
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