$310K  
The Lakeport market saw sales remain flat this week with eight homes sold over the last 30 days, while new listings climbed to 12. Prices are rising in Lakeport, and the median sales price this period increased from $217,500 to $246,000.
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$225K  
The Lakeport market got positive news 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. Within the same time frame, Clearlake had 20 sales, the most of all cities in the area. Prices are falling in Lakeport, and this period the median price of all sales fell from $275,000 to $217,500.
Comments:

$225K  
The Lakeport market recorded six home sales over the last 30 days. Also, a record low five new listings came into the market, the fewest since May. During the same time frame, Clearlake had the most of any other neighboring municipalities with 36 new listings. The median sales price of all transactions in Lakeport did not budge this week, remaining at $275,000.
Comments:

The population of Lakeport is less affluent than average compared to others in California with a median income of $38,775 per household. It's also considered a less expensive city in terms of affordability with a cost of living adjustment score of 107.0. Lakeport is made up of homes that are considered relatively old with a median of 36 years. The best school in the city is Lakeport Alternative.
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$319K  
Sales inched up in the Lakeport market to six homes sold over the last 30 days. But the market is also under a recent downward trend in the number of contracts closing, with this week's number falling to zero. The median sales price jumped to $275,000, up from last week's $179,000.
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$179K  
The Lakeport market stayed soft with three homes sold in the last 30 days, a 25.0% sales drop. Within the same time frame, Hidden Valley Lake had 22 sales, the most of all cities in the area. The median sales price dropped to $179,000, extending a four-week long spiral. Lakeport is a definite buyer's market, with a big 13 months of inventory to choose from coupled with falling prices.
Comments:

$310K  
Sales in the Lakeport market fell to four homes sold over the last 30 days, while the number of sellers reducing their list prices reached seven, which continues a prolonged upward trend in price reductions. The median sales price climbed to $208,000, up from last week's $192,000. Along with the slip in sales, a relatively high 10 months of inventory indicates that Lakeport is a solid buyer's market.
Comments:

$429K  
With four homes sold in the Lakeport market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with 12 new listings for buyers to choose from. Pricing in Lakeport remains consistent from last week to this week, with the median sales price at $208,000 again. Lakeport is a definite buyer's market, thanks to a big 10 months of inventory to choose from and the flat sales.
Comments:

$429K  
The Lakeport market broke below its 12-month average sales volume this week as sales slid 50.0% to hit four homes sold over the last 30 days. In comparison, nearby Hidden Valley Lake had 24 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Lakeport, and for this period the median sales price slid from $241,000 to $208,000. With decreasing sales and the availability of nine months of inventory, Lakeport is a definite buyer's market.
Comments:

With 4,753 residents, Lakeport is an average-sized city in California. Also, with a 2.1% decrease over the last 10 years, its population is shrinking slightly slower than other parts of the state. The Lakeport market primarily consists of detached houses, accounting for 75% of the current homes in the area. Topping the list of best schools in the city is Lakeport Alternative.
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