Lake View Terrace Housing Market Report April 2025•Los Angeles County, California

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Housing Prices in Lake View Terrace, CA

How much do homes in Lake View Terrace, CA cost?

Housing Market Conditions

Is Lake View Terrace, CA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Lake View Terrace is a Buyer's Market

Difference Since March 2025

Last month, Lake View Terrace has remained a Buyer's Market.

Insight

Lake View Terrace is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$840,000$649/SqFt
-$30,205
-3.5%

Based on all homes sold in April 2025

Insight

Homes in Lake View Terrace have sold for 3.5% less than they did a month ago.

Summary: The median home sold price in Lake View Terrace was $840,000 in April 2025, down 3.5% from last month, and the median price per square foot was $649.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2025Apr 2025Change MoM
1--
N/A
2$529K-
N/A
3$782.4K$700K
-10.5%
4$958K$1.6M
+72.2%
5$1.7M-
N/A

Summary: Lake View Terrace housing price by bedroom type for April 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -10.5%. The home price for 4 bedroom homes increased by +72.2%. The home price for 5 bedroom homes did not change.

How does Lake View Terrace, CA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Lake View Terrace, CA

Housing supply in Lake View Terrace, CA

How many homes are available in Lake View Terrace, CA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
30Last MonthApr 2025
292 months agoMar 2025
+3.4 %
Change MoMMar – Apr

Summary: The Lake View Terrace real estate market had 30 homes for sale in Apr 2025, a 3.4 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthApr 2025
42 months agoMar 2025
-25.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
100
0.0%
253
-40.0%
31114
+27.3%
489
+12.5%
554
-20.0%

Summary: Lake View Terrace housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -40.0%. The inventory for 3 bedroom homes increased by +27.3%. The inventory for 4 bedroom homes increased by +12.5%. The inventory for 5 bedroom homes decreased by -20.0%.

Asking Price vs. Sold Price

How much do homes in Lake View Terrace, CA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Lake View Terrace, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Lake View Terrace in April 2025, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and and 67% were sold over asking.

Days on Market for Lake View Terrace, CA

How long does it take to sell a home in Lake View Terrace, CA?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Lake View Terrace are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 3 homes were sold in Lake View Terrace; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
7 DaysLast MonthApr 2025
57 Days1 month agoMar 2025
-87.7 %
Change MoMMar – Apr

Summary: Homes in Lake View Terrace had an average listing age of 7 days in Apr 2025, down by 87.7% compared to the previous month.

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Newest Listings in Lake View Terrace, CA

What homes are available in Lake View Terrace, CA?

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MLS Disclaimers and Copyright

Based on information from California Regional MLS, for the period 03/01/2025 - 05/01/2025

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/30/2025, 8:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.