Is Lake County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Lake County was a Buyer's Market.
Housing Prices in Lake County, CO
How much do homes in Lake County, CO cost?
Median Sold Price
$444,500
$413/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Lake County was $444,500 in April 2024, down 35.1% from last month, and the median price per square foot was $413.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $900K | $430K | -52.2% |
3 Bedrooms | $469K | $575K | +22.6% |
4 Bedrooms | - | $461.7K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Lake County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 52.2%, 3 bedroom homes increased by 22.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Summit County | $1.3M | $1.2M | -8.0% |
Lake County | $684.5K | $444.5K | -35.1% |
Housing Supply in Lake County, CO
How many homes are available in Lake County, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 36 | +63.6% |
Summary: The Lake County real estate market had 36 homes for sale in April 2024, a 63.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 9 | 16 | +77.8% |
4 Bedrooms | 4 | 8 | +100.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Lake County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 77.8%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Lake County in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Lake County, CO
How long does it take to sell a home in Lake County, CO?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 32 Days | +207.9% |
Summary: Homes in Lake County had an average of 32 days on market in Apr 2024, up by 207.9% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Lake County; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.