MyMarketPulse (mymarketpulse.com) has unveiled its analysis for May 2024, focusing on the property market trends in Lake County, Colorado.
The report shows that the Median Sale Price in Lake County reached $535,000 as of May 2024, marking an increase of 24.4% over the previous month and a 11.1% drop compared to a year ago.
The region reported 15 home sales, marking an increase of 66.7% from the prior month, and 87.5% growth year-over-year.
Homes remained on the market for a median of 16 days, which is down 8 days from the month before and up 4 days from the previous year.
Currently, with a Market Pulse Score of 114, Lake County’s real estate market appears to be experiencing an upturn.
For more information about the Lake County, Colorado market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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