$310K  
February was the last time there were so many price reductions in the Lakeport market, with six reported over the last 30 days. Additionally, a four-week downward trend in sales was extended this week with five transactions in the same period. In comparison, Clearlake had 18 price reductions in the same time frame, the most of all nearby municipalities. The median sales price dropped to $210,000 over the latest reporting period for Lakeport, down from $289,000.
Comments:

Lakeport is a city in California. It's less affluent than average and the cost of living is less expensive compared to the rest of the state, with a median income of $38,775 per household and 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. Topping the list of best schools in the city is Lakeport Alternative.
Comments:

$179K  
The Lakeport market may be experiencing a determined pullback as sales slumped again this week by 33.3% to four homes sold over the last 30 days. The median sales price rose to $289,000, up from last week's $249,000.
Comments:

$339K  
Over the last 30 days, a confirmed downward trend of new sellers coming into the Lakeport market continued, with seven listings in this week's report. Meanwhile, sales ticked up, with six homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Prices are coming down in Lakeport, as the median sales price dropped to $249,000, while months of inventory also fell to four.
Comments:

$299K  
The Lakeport market slowed with a 25.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 7.1 monthly average with six homes sold. Within the same time frame, Clearlake had 25 sales, the most of all cities in the area. Potential buyers should take note that the median sales price in Lakeport stayed flat at $232,500 and that there are four months of inventory still available.
Comments:

$295K  
With eight homes sold in the Lakeport market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with four new listings for buyers to choose from. Prices are falling in Lakeport, and this period the median price of all sales fell from $262,500 to $232,500. With only three months of inventory to sell, Lakeport is a seller's market, in spite of the flat sales.
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 73% of the current homes in the area. The best school in the city is Lakeport Alternative.
Comments:

$299K  
Sales dropped to eight homes sold in the Lakeport market over the last 30 days. Furthermore, an established downturn in the number of pending transactions continued, with zero completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. However, as contracts trended lower, months of inventory also continued to fall, trending downwards for eight weeks to four months.
Comments:

$399K  
Over the last 30 days, the sale of 13 homes took place in the Lakeport market and, even though it's the same amount as last week, the area continues a determined upward trend. Potential buyers should note that prices are coming down in Lakeport, and for this period the median sales price slid from $255,000 to $247,500. In spite of flat sales, a low two months of inventory signals that Lakeport is a definite seller's market.
Comments:

$219K  
Over the last 30 days, the Lakeport market was highly active with 13 homes sold, a 30.0% increase from last week's report. At the same time, close-by Healdsburg reported 21 home sales, the highest number from all the surrounding cities. The median sales price climbed to $255,000, up from last week's $251,250. With only two months of inventory and rising sales, Lakeport is a strong seller's market.
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