Lakeshore Real Estate Statistics

Lakeshore real estate average sold price in the last 30 days (January 21 - February 19) was $751,666, which is $751,666 (100.0%) higher than the average price of $0 in the previous 30 day period (December 22 - January 20), and $97,291 (12.9%) up from the same period 1 year ago ($654,375). Lakeshore real estate prices over the last 30 days are also $211,075 (28.1%) higher than the average selling price of $540,591 over the past year.

Lakeshore average sold price for homes was $890,000 in the last 30 days (January 21 - February 19), which is $890,000 (100.0%) up from the average home price of $0 in the previous 30 day period (December 22 - January 20), and $235,625 (26.5%) higher than the same period 1 year ago ($654,375). In the last 30 days Lakeshore the average home price was $349,409 (39.3%) higher than the average selling price of $540,591 over the last 12 months.

Average selling price for Lakeshore real estate was $751,666 in the last 30 days (January 21 - February 19), which is collectively $3,300 (0.4%) lower than the average asking price of $859,000. This represents an increase of $1,395,700 (99.8%) compared to $1,399,000 (133.3%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Lakeshore during the last 12 months was recorded in June, 2024 with an average of $16,000 over the asking price, while the minimum occurring in January, 2025 with $697,000 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Lakeshore was 100.0% with 3 properties sold and 2 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 50.0% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 800.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Lakeshore was 200.0% recorded in September and the lowest was in August at 0.0%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 3 properties that were successfully sold in Lakeshore in the last 30 days (January 21 - February 19) was 66 days, which is 139 days less than 205 days average in the previous 30 day period (December 22 - January 20) and 49 days longer than during the same period a year ago (17 days).

There were 6 delisted properties in Lakeshore, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 115 days on the market. This is 48 days shorter than the average of 163 days during the previous 30 day period (December 22 - January 20) and 11 days less compared to the same period last year average of 126 days on the market.

6 Lakeshore properties that didn't sell stayed on the market 74.2% longer than 3 that sucessfully sold over the last 30 days - 66 days when sold vs 115 days when delisted respectively.

Average Days on the Market in Lakeshore over the past 12 months for properties that have sold was 50.8 days, with 87.4 days for those properties that did not sell.

3 new properties were listed on the market in Lakeshore in the last 30 days (January 21 - February 19). During the same time 3 properties were sold and 6 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 6 properties (or 200.0%).

During the previous 30 day period (December 22 - January 20) there were 2 new properties listed, 1 sold and 6 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 8 new properties listed, the slowest - September with 1 new listings and a yearly average of 3 new listings per month.

There were a total of 3 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in Lakeshore. This is a 50.0% increase compared with a previous 30 day period (December 22 - January 20) and 200.0% up from the same period a year ago. Over the past year an average of 3 homes are were listed per month.

There were a total of 2 homes sold during the last 30 days (January 21 - February 19), which is 66.7% of all properties sold in Lakeshore. This is a 100.0% increase compared with a previous 30 day period (December 22 - January 20) and 75.0% down from the same period a year ago. Over the past year an average of 1 homes are were sold per month.