$684K  
Over the last 30 days, the sale of 11 homes took place in the Clearlake Oaks market. This shows a 15.4% reduction from the prior period but the area remains on a new upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. While sales were solid, months of inventory were further reduced to eight, extending a downward trend to eight weeks. With decreasing sales and the availability of so much inventory, Clearlake Oaks is a strong buyer's market.
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$242K  
Fewer sellers put their homes up for sale in the Clearlake Oaks market over the last 30 days and the number of new listings fell this week to 12. Home sales remained unchanged from the prior period and once again 10 homes were sold. Prices are falling in Clearlake Oaks, and this period the median price of all sales fell from $162,500 to $141,000. Clearlake Oaks is a definite buyer's market, thanks to a big seven months of inventory to choose from and the flat sales.
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$465K  
The Clearlake Oaks market saw sales remain flat this week with 10 homes sold over the last 30 days but new listings fell to 15. The median sales price in Clearlake Oaks stayed put this week at $162,500. Clearlake Oaks is a definite buyer's market, thanks to a big seven months of inventory to choose from and the flat sales.
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With 2,359 residents, Clearlake Oaks is an average-sized city in California. Also, with 1,193.4 people per square mile, it has an average density in comparison to other parts of the state. Clearlake Oaks has an home ownership ratio of 45.1% and a renting ratio of 19.5%. The best school in the city is East Lake Elementary School.
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$152K  
The Clearlake Oaks market saw one home go under contract and failed to break out of a confirmed downward trend. Despite that, total home sales jumped to 10 over the last 30 days. The median sales price dropped to $162,500, down from last week's $229,500. Even after the uptick in sales, an elevated seven months of inventory tells us that Clearlake Oaks is still a strong buyer's market.
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$198K  
The Clearlake Oaks market showed strong improvement in this week's report, as the number of home sales jumped 33.3%, pushing the total to eight homes sold over the last 30 days. To put it in perspective, close-by Hidden Valley Lake registered 22 homes sold in the same time frame, the most of all surrounding cities. The median sales price rose dramatically to $229,500 over the latest reporting period for Clearlake Oaks, up from $147,269. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning Clearlake Oaks is still a definite buyer's market.
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$198K  
Home sales in the Clearlake Oaks market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 25.0% to six homes sold over the last 30 days. Meanwhile, close-by Hidden Valley Lake reported 26 homes sales, the highest number from all the surrounding cities. Prices are rising in Clearlake Oaks, and the median sales price this period increased from $110,000 to $147,269. Clearlake Oaks is a definite buyer's market, thanks to a big 12 months of inventory to choose from and a pullback in sales.
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$144K  
The Clearlake Oaks market slowed this week but was still better than normal as sales dropped 20.0% to eight homes sold over the last 30 days. Within the same time frame, Hidden Valley Lake had 25 sales, the most of all cities in the area. Prices fell lower as this week's reported median sales price of $110,000 continued a four-week downward trend. Clearlake Oaks is a solid buyer's market, due to falling prices and a large nine months of inventory left.
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$265K  
This week in the Clearlake Oaks market, sales rose to 10 homes sold over the last 30 days, which might be due in part to an emerging upward trend in price reductions, with 12 being reported in the same time frame. Potential buyers should note that prices went up in Clearlake Oaks, with the median for this period rising from $75,000 to $110,000. Clearlake Oaks is still a strong buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
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Clearlake Oaks has a cost of living adjustment score of 98.1, which is much less expensive when compared to others in California. Also, the area is considered much less affluent than average with a median income of $29,474 per household. Clearlake Oaks is made up of homes that are relatively old with a median of 37 years. Topping the list of best schools in the city is East Lake Elementary School.
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