Phoenix Lake, CA

Buyer's market-28.9% YoY

Housing market overview · Updated weekly

$355,000median sale price

Homes sold

3

Last 12 weeks

Days on market

127

Average pace

Active listings

17

5.7 months supply

Sale-to-list

99.4%

Below asking

The Phoenix Lake housing market is currently classified as a buyer's market with a median sale price of $355,000. Prices have fallen 28.9% compared to last year, with homes spending an average of 127 days on market, indicating 5.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Phoenix Lake

There are currently 17 homes listed for sale in Phoenix Lake, California. The median listing price is $530K.

Active listings

17

Homes on market

Median list price

$530K

Avg. days on market

127

Days until sale

New this week

6

Newly listed

Sale-to-list:99.4%

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Frequently asked questions

What is the average home price in Phoenix Lake?

The median home sale price in Phoenix Lake is $355,000, down 28.9% from last year.

How long do homes stay on market in Phoenix Lake?

Homes typically spend 127 days on market before going under contract.

Is Phoenix Lake a buyer's or seller's market?

With 5.7 months of supply, Phoenix Lake is currently a buyer's market.

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