BLUE LAKE MARKET REPORT

Dear Blue Lake Residents,

Enclosed is a custom market report with home sale statistics in Blue Lake from 2018 through the end of 2023. It also provides basic statistics for Carbondale, for a comparison to the local market. Click the button below to view the full report.

Low home inventory in Blue Lake is similar to the rest of the local market - values continue to climb, due to limited options. Values since 2018 have nearly doubled! The 2 current listings for sale are both listed over $1.1 million. On average, Blue Lake sees about 10 sales per year. Currently, the days on market in Blue lake is just about 3 months. Last year, 5 out of the 9 sales in Blue Lake were cash Buyers (55%), which is consistent with the rest of the Mid-Valley Market, which is about 60% cash and 40% loans. Many buyers in the area are cashing out by selling a home (upvalley or elsewhere) and then buying a new one (downvalley or elsewhere) with cash (i.e., no financing, although contingent upon the sale of the first home). Please contact me for more information on how conditional sales work! They are very common and provide a great opportunity to make a move without financing.

I have several qualified buyers looking for single family homes in Blue Lake and the Carbondale area. If you are thinking about selling your property and curious about your options, please get in touch! I am happy to provide a complimentary market valuation so you can get a sense of what your property is currently worth.