Lake County News,California – Real estate market remains strong for sellers; inventory for buyers still low

 Lake County News,California – Real estate market remains strong for sellers; inventory for buyers still low
LAKE COUNTY, Calif. — Each month the stats may change a little here and there, but the picture continues to be a positive one for people who are selling their homes in Lake County.

However, the market can be a little frustrating for those looking to buy. Inventory is still low, time on market is short and multiple offers on homes are still common.

Existing median price for houses in all of Lake County was $335,000 for the month of June 2021. This is up 3.39% from last year at this time, but down $25,000 from last month’s median price of $360,000.

May was up $27,000 over April so we are seeing slight fluctuation in median price from month to month.

Lakeport’s median home price was $370,000, down 9.5% from June 2020.

Hidden Valley’s median home price was $398,000, up 12.1% from last year and up $38,000 from May’s $360,000 median price.

The Kelseyville median home price was $334,000, up 7.6%, and the Clearlake median home price…

Read full article…www.lakeconews.com