The typical home value in
Sky Lake
is projected to be
$159,860
for the month of
July.
June’s
finalized data reported the typical value of a home in the
city
to be
$199,900—down
29.98%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$435,000
in
Orange County
for the most recent reporting period.
That number is expected to float around
$430,000
in
July.
Sky Lake
had
5
new listings and
9
listings that went under contract in
June,
decreasing
the area’s total available inventory to
10—down
33.33%
from the previous month. Inventory is projected to have further
decreased
in
July.
Of those
10
active listings,
20.0%
reduced their price in the month of
June.
The median listing price for homes in
Sky Lake
fell
6.64%
from
May
to
June,
bringing the current median listing price to
$350,000.
Based on projected data for
July,
listing prices may continue to
fall.
The number of days that homes have been on the market prior to going under contract
fell
year-over-year. In
June 2025,
the median time for a listed property to go pending was
150
days, compared to
293
days in
June 2024.
In recent months the median number of days from listed to pending appears to be decreasing.
That trend is predicted to have carried through to this
July.
