lake country TOWNHOME - FEBRUARY 2 0 2 5
MONTHS OF INVENTORY 5.2 BALANCED MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▲ 17% VS 2024
MEDIAN PRICE
TOTAL LISTINGS
SALES
▲ 30% VS 2024
▼ 0.5% VS 2024
0.0% VS 2024
0.0% VS 2024
There were 26 townhome listings in Lake Country in February, 13% above January and no change to February 2024. February townhome sales decreased by 38% month-over-month, to 5, and were the same in February 2024. The months of inventory for townhomes in the Lake Country, at 5.2, reflected a balanced market. The townhome median price in February was $612,000, a 24% decrease from January and 0.5% below February 2024. The average sold price was $751,580, 46% below last month; the average PSF sale price was $464, down 24% to last month.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL LISTINGS TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$464 $751,580 $612,000 5.2 5 26
$398 $579,100 $615,000 5.2 5 26
0% 0% 0%
$611 $1,399,823 $802,500 2.9 8 23
-24% -46% -24% 81% -38% 13%
17% 30% -0.5%
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
33
67
35
34
34
33
32
26
28
26
25
25
24
23
11
8
8
8
6
34
3
3
3
3
5
5
5
5
21
$803K
$789K
$776K
$719K
$705K
$708K
$658K
$650K
$641K
$635K
$615K
$612K
$595K
Feb-24
Jan-25
Feb-25
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 5
BALANCED 5 - 8
BUYERS' MARKET 8+
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● MONTHS OF INV.
6
3.0
1
4+ bdrms
8
5
4
2
3 bdrms
16
3
1.0
2
2 2
2 bdrms
1
0
<2 bdrms
<$600K $600K-699K $700K-799K $800K-899K $900K-999K $1.0M-1.24M $1.25M-1.49M $1.5M+ MOI INVENTORY SALES
2 2 1.0
2 6 3.0
0 6 n/a
0 4 n/a
0 4 n/a
1 0 n/a
0 4 n/a
Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Association of Interior Realtors & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 16 ●
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