$629K  
Over the last 30 days, the Lake market showed healthy signs with 12 homes sold. It marks a 50.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. The prices of sold homes went up with the median sales price setting a six-month high at $142,000.
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$629K  
Home sales inched up to eight homes sold over the last 30 days, providing a lift to the Lake market. That may continue, due to a three-week upward trend for contracts, with 18 in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Potential buyers should note that prices went up in Lake, with the median for this period rising from $117,500 to $128,700.
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$264K  
The number of home sales in the Lake market rose 25.0% to five homes over the last 30 days. Months of inventory continued a steady rise, trending upwards for four weeks to reach nine months. Lake is still a strong buyer's market due to the availability of such a large amount of remaining inventory, even after the uptick in sales.
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$129K  
On top of a 50.0% reduction in sales numbers this week to land at four homes sold over the last 30 days, the Lake market still shows a recent trend downward overall. The median sales price dropped to $114,450 over the latest reporting period for Lake, down from $139,950. A downturn in sales, coupled with the availability of 10 months of inventory, prove that Lake is a strong buyer's market.
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$249K  
The Lake market slowed with a 20.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 9.4 monthly average with eight homes sold. Potential buyers should note that prices went up in Lake, with the median for this period rising from $137,500 to $139,950.
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$189K  
The Lake market saw sales remain flat this week with 10 homes sold over the last 30 days, while new listings climbed to 13. The median sales price of all transactions in Lake did not budge this week, remaining at $137,500.
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$184K  
A dip in the number of pending transactions in the Lake market over the last 30 days has resulted in the lowest levels for contracts in three months. While 12 homes went under contract, there were 10 completed sales. Months of inventory in Lake was flat at four but prices came down, as the median sales price dropped to $137,500.
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$129K  
The number of price cuts in the Lake market climbed to seven over the last 30 days, furthering a recent positive trend. Despite drops in list prices, sales also decreased to 12 homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. There are four months of inventory remaining in Lake, and the market is swinging toward the buyer, especially since the median sales price dropped to $94,500 this week.
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$279K  
Despite a 7.1% drop in sales over the last 30 days, the Lake market extended a six-week hot streak with a total of 13 homes sold in that span. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price climbed to $100,000 over the latest reporting period for Lake, up from $94,500. There are only three months of inventory available in Lake, so it's a seller's market, even with the decrease in sales.
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$279K  
The Lake market pulled back this week but was still better than normal as sales fell 12.5% to 14 homes sold over the last 30 days. Prices are rising in Lake, and the median sales price this period increased from $85,000 to $94,500. In spite of the decrease in sales, a low three months of inventory signals that Lake is a seller's market.
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A.A. Green Realty, Inc.
Snapped 1 home in this area
Howard Hanna
Snapped 2 homes in this area

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