lakeview heights DETACHED - FEBRUARY 2 0 2 5
MONTHS OF INVENTORY 17.2 BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL LISTINGS
SALES
▲ 10% VS 2024
▲ 18% VS 2024
▲ 5% VS 2024
▼ 17% VS 2024
There were 86 detached listings in Lakeview Heights in February, 21% above January and 5% higher than February 2024. February detached home sales remained the same month-over-month, at 5, and were 17% below February 2024. The months of inventory for detached in Lakeview Heights, at 17.2, reflected a buyers' market. The detached median price in February was $1,100,000, a 1.3% decrease from January and 18% above February 2024. The average sold price was $1,134,400, 13% below last month and up 10% to February 2024.
THIS MONTH No. $1,134,400 $1,100,000 17.2 5 86
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
TOTAL LISTINGS TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$1,033,500 $931,500 13.7 6 82
10% 18% 26% -17% 5%
$1,301,050 $1,115,000 14.2 5 71
-13% -1.3% 21% 0% 21%
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
132
132
129
146
145
141
100
94
111
110
86
82
71
64
25
17
14
13
13
12
11
8
5
5
4
6
5
$1.83M
26
24
$1.13M $1.05M $1.03M
$1.12M $1.10M
$1.01M
$973K
$968K
$932K
$948K
$775K
$750K
Feb-24
Jan-25
Feb-25
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 5
BALANCED 5 - 8
BUYERS' MARKET 8+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
12.0
15
9.0
8.0
10
4.0
5
0
<$600K
$600K-799K
$800K-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.74M $1.75M-1.99M $2.0M-2.49M $2.5M-2.99M
$3.0M+
MOI INVENTORY SALES
1 4 4.0
1 12 12.0
2 16 8.0
0 12 n/a
1 9 9.0
0 9 n/a
0 12 n/a
0 5 n/a
0 7 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. 30 ●
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