$375K  
Home sales in the Lucerne market remained sluggish in this week's report as they slid 40.0% to three homes sold over the last 30 days. In comparison, nearby Clearlake had 18 sales in the same time frame, the most of all neighboring cities. Months of inventory continued a steady rise, trending upwards for four weeks to reach 20 months. With decreasing sales and the availability of so much inventory, Lucerne is a definite buyer's market.
Comments:

$149K  
The Lucerne market will be more intense, as not only have sales ticked up this week to four homes sold over the last 30 days, but there is an identifiable upward trend of new listings, with 14 going live in the same time frame. The median sales price dropped to $77,500, down from last week's $80,000. Even after the uptick in sales, an elevated 10 months of inventory tells us that Lucerne is still a definite buyer's market.
Comments:

$137K  
With three homes sold in the Lucerne market over the last 30 days, we see no change from last week's numbers. However, 14 new listings came into the market. The median sales price of all transactions in Lucerne did not budge this week, remaining at $80,000. Lucerne is a strong buyer's market, due to a big 14 months of inventory left and aided by the flat sales.
Comments:

$137K  
Home sales in the Lucerne market remained soft in this week's report as they dropped 25.0% to three homes sold over the last 30 days. Meanwhile, close-by Hidden Valley Lake reported 20 homes sales, the highest number from all the surrounding cities. The median sales price dropped dramatically to $80,000 over the latest reporting period for Lucerne, down from $117,000. Lucerne is a definite buyer's market, due to a big 12 months of inventory left and aided by the dip in sales.
Comments:

Lucerne has a cost of living adjustment score of 100.6, 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 $30,279 per household. Homes in Lucerne are relatively old with a median age of 37 years. The top school in the city is Lucerne Elementary School.
Comments:

$192K  
The number of homes coming into the Lucerne market spiked to 10 listings over the last 30 days, while sales remained right where they were as once again four homes were sold over the same period. The median sales price dropped to $117,000 over the latest reporting period for Lucerne, down from $159,500. With no movement in sales and the availability of eight months of inventory, Lucerne is a strong buyer's market.
Comments:

$219K  
The Lucerne market slowed with a 33.3% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 5.3 monthly average with four homes sold. On the other hand, close-by Hidden Valley Lake registered 26 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Lucerne, with the median for this period rising from $152,000 to $159,500. Lucerne is a definite buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
Comments:

$434K  
The Lucerne market got good news this week as sales rose to six homes sold over the last 30 days to go with a determined upward trend of contracts closing, now up to three. Potential buyers should note that prices went up in Lucerne, with the median for this period rising from $150,000 to $152,000.
Comments:

$137K  
With five homes sold in the Lucerne 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 nine new listings for buyers to choose from. The median sales price of all transactions in Lucerne did not budge this week, remaining at $150,000.
Comments:

$137K  
The number of home sales in the Lucerne market climbed 25.0% to five homes over the last 30 days, coming close to the 5.3 monthly average for the last 12 months. At the same time, close-by Clearlake reported 22 home sales, the highest number from all the surrounding cities. Prices are rising in Lucerne, and the median sales price this period increased from $113,750 to $150,000.
Comments:
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