Balanced Market · avg house price $417,500 · 2 houses sold (30d) · 57 days on market
The Lake Errock, Mission house market is balanced, giving both buyers and sellers reasonable negotiating power. In the past 30 days, 2 houses and detached homes sold across Lake Errock, Mission at an average sold price of $417,500. Properties are selling in an average of 57 days on the market. The absorption rate is 12.5% — meaning 12.5% of the active house inventory sells each month. Average house prices in Lake Errock, Mission are down 45.2% compared to the 90-day average of $761,429.
12-month average house sold price
Lake Errock is a Balanced Market for detached homes and houses (absorption rate: 12.5%, 2 sold vs 16 active listings in the last 30 days).