fbpx

July 2021 Real Estate Market Update for Lake Balboa

Lake Balboa’s sale volume more than doubled, year over year, rising from $11 million in June of last year to $28 million this current June.  With the average sale price rising 11% to $855 thousand, the number of sales increased to 33, almost 2.5 times over the previous month. The single residence average sale price rose from $820 thousand to $949 thousand in that same time. And pending sales decreased from 44 to 33, June to June. The number of Lake Balboa active listings did record a minor increase from 7 to 8, while the average list price registered an uptick from $771 thousand to $821 thousand.

Lake Balboa July 2021 Real Estate Market Update Slide
Want to know more about this market is impacting your own home’s value or home search? Get your personalized, complimentary market report for your own address or neighborhood here.
 

Source: CRMLS, The MLS

Scroll to Top