$339K  
November was the last time there were so many price reductions in the Lower Lake market, with seven reported over the last 30 days. The market also had three homes change hands. In comparison, Clearlake led all other nearby municipalities with 19 price reductions. The median sales price of all transactions in Lower Lake did not budge this week, remaining at $355,000.
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$399K  
The Lower Lake market pulled back with a 25.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (2.8) with three homes sold. Meanwhile, close-by Clearlake reported 15 homes sales, the highest number from all the surrounding cities. The median sales price jumped to $355,000 over the latest reporting period for Lower Lake, up from $287,500.
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$240K  
The Lower Lake market showed strong improvement in this week's report, as the number of home sales rose 100.0%, pushing the total to four homes sold over the last 30 days. Within the same time frame, Clearlake had 15 sales, the most of all cities in the area. The median sales price rose dramatically to $287,500, and there are a fairly average four months of inventory left to be sold.
Comments:

$105K  
A six-week rough patch for the overall sales trend continues in the Lower Lake market. Also, the actual number of sales dropped 33.3% over the last 30 days to two. All indications show that the trend should continue, meaning less sales over the next few weeks. The median sales price climbed to $136,000 over the latest reporting period for Lower Lake, up from $109,000.
Comments:

$345K  
Over the past 30 days, there have been fewer price cuts in the Lower Lake market, continuing a six-week declining trend to land at four. However, home sales remained flat with three over the same period. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Potential buyers should take note that the median sales price in Lower Lake stayed flat at $109,000 and that there are four months of inventory still available.
Comments:

$185K  
With 1,294 residents, Lower Lake is a smaller-than-average city in California. Also, with 485.3 people per square mile, it has a lower than average density in comparison to other parts of the state. Lower Lake is an area where most people own their homes, with an ownership ratio of 55.2%. The top school in the city is Lower Lake High School.
Comments:

$345K  
The number of home sales in the Lower Lake market rose 50.0% to three homes over the last 30 days, exceeding the 2.7 monthly average for the last 12 months. To put it in perspective, close-by Clearlake registered 18 homes sold in the same time frame, the most of all surrounding cities. Months of inventory continued a steady rise, trending upwards for four weeks to reach four months.
Comments:

$105K  
Sales numbers in the Lower Lake market remain the same with two homes sold over the last 30 days and the market still shows a recent trend downward overall. The median sales price in Lower Lake stayed put this week at $152,000.
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$345K  
The Lower Lake market is starting to tighten. While sales came in at two homes sold over the last 30 days, price reductions are at their lowest number in three months, with two reported this week. During the same time frame, Clearlake had the most of any other neighboring municipalities with 13 price reductions. However, a three-week downward trend in new listings is expected to come to an end over the coming weeks. Prices are falling in Lower Lake, and this period the median price of all sales fell from $172,500 to $152,000. Lower Lake is still a definite buyer's market, even after the decrease in new listings, due to the large eight months of inventory left.
Comments:

$345K  
The Lower Lake market saw sales remain consistent with two homes sold over the last 30 days and 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 in Lower Lake stayed put this week at $172,500. With a downward trend in contracts numbers and eight months of inventory still left to work through, Lower Lake is a strong buyer's market.
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