Lakeview's real estate market is currently hot with low inventory and high demand. Home prices have increased 3.7% in the past month alone. At the current pace, all available homes in Lakeview would sell out in just 1.2 months, indicating a continued supply shortage. Homes are now taking an average of 65 days to sell, significantly longer than the 8 days typical for this market. The majority of homes (80.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Lakeview market with the affordability index at 988.8. Based on current market indicators, home prices in Lakeview are projected to decrease by approximately 12.0% over the next month.
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