$167K  
Home sales in the Upper Lake market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 50.0% to one home sold over the last 30 days. Meanwhile, close-by Clearlake reported 21 homes sales, the highest number from all the surrounding cities. Prices are falling in Upper Lake, and this period the median price of all sales fell from $312,500 to $260,000. Despite the slip in sales, a relatively low three months of inventory indicates that Upper Lake is a seller's market.
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$167K  
The Upper Lake market got good news this week as sales rose to two homes sold over the last 30 days to go with a confirmed upward trend of contracts closing, now up to one. Prices are falling in Upper Lake, and this period the median price of all sales fell from $365,000 to $312,500. With just two months of inventory available and contracts going up, Upper Lake is a definite seller's market.
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A three-week rough patch for the overall sales trend continues in the Upper Lake market, with number of sales staying even at one over the last 30 days. The median sales price of all transactions in Upper Lake did not budge this week, remaining at $365,000. Despite the falling sales numbers, there are only two months of inventory remaining, indicating that Upper Lake is a still definite seller's market.
Comments:

The Upper Lake market improved this week with one home sold over the last 30 days. To put it in perspective, close-by Clearlake registered 25 homes sold in the same time frame, the most of all surrounding cities. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Upper Lake is a definite seller's market.
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$365K  
Typically, Upper Lake accounts for 1.6 sales per month. This time sellers weren't able to find buyers for their properties, resulting in another 30 day period of no sales.
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$365K  
Typically, Upper Lake accounts for 1.7 sales per month. This time sellers weren't able to find buyers for their properties, resulting in no sales over the last 30 days.
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$365K  
Upper Lake is a smaller-than-average city in California that has seen a 16.9% increase in population over the last 10 years. It also has a total population of 1,052. Upper Lake is made up of homes that are considered relatively old with a median of 35 years. The top school in the city is Upper Lake High School.
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$365K  
Sales fell to one home sold in the Upper Lake market over the last 30 days. Furthermore, a new downturn in the number of pending transactions continued, with zero completed in the same period. Potential buyers should note that prices are coming down in Upper Lake, and for this period the median sales price slid from $223,000 to $210,000. In spite of contracts trending lower, there are only three months of inventory available, which signals that Upper Lake is a still seller's market.
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$270K  
The number of sellers who put their homes up for sale in the Upper Lake market over the last 30 days remained flat this week at three. Home sales also remained unchanged from the prior period and once again three homes were sold. Pricing in Upper Lake remains consistent from last week to this week, with the median sales price at $223,000 again. In spite of flat sales, a low one month of inventory signals that Upper Lake is a strong seller's market.
Comments:

$365K  
The Upper Lake market pulled back with a 40.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (1.8) with three homes sold. Meanwhile, close-by Clearlake reported 18 homes sales, the highest number from all the surrounding cities. The median sales price remained unchanged over the latest reporting period for Upper Lake, coming in at $223,000. Despite the slip in sales, a relatively low one month of inventory indicates that Upper Lake is a solid seller's market.
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