Lake County Inventory and Market Analysis

There are noticeable trends with the residential market in Lake County California. Provided below is a month to month snapshot of inventory and price changes for the past 6 months, past year and past 4 years. The peak inventory of residential homes was in the summer of 2010 when there were over 900 active residential listings. Now as of Wednesday February 13th there are approximately 413 active residential listings.

Property types included in this statistical analysis includes: Single Family Residence, Condominiums, Townhouse, ‘Manufactured homes with or without 433 foundations, and Cabins. Mobile Homes are not included in this analysis.

6 MONTH INVENTORY HISTORY

Six month inventory showing a decrease from 600 listings in September 2012 down to 413 active residential listings in February 2013. Time frame is from 1 Mar 2012 to 13 Feb 2013

6 MONTH SALES HISTORY

This six-month sales history shows month-to-month sales of residential properties since September 2012. We are about 1/3 of the way through the month of February and we expect to see the month sales keeping with the December – January sales or possibly better. We also expect to see a spike in sales from April through July, which are usually the busiest months in Lake County. Average Sales Price for the Month of January is $138,504 and the average days on market is approximately 100 days. Time frame is from 1 Mar 2012 to 13 Feb 2013