Median home sale prices in Lake County

The latest report on home sales in Lake County shows increasing prices and reduced inventory. Lake County News says, The Lake County Association of Realtors reported that the March median sales price of single family residences in Lake County rose 26 percent when compared to the February 2016 median sales price. The number of sales increased more than 55 percent, rising from 54 sales in February to 84 sales in March. The median sales price for March 2016 was $239,450, compared to $190,000 in February 2016 and $224,000 in March of 2015.