The typical home value in
Lake Arbor
is projected to be
$482,000
for the month of
August.
July’s
finalized data reported the typical value of a home in the
city
to be
$471,000—down
1.88%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$445,000
in
Prince George's County
for the most recent reporting period.
That number is expected to float around
$441,090
in
August.
Lake Arbor
had
13
new listings and
12
listings that went under contract in
July,
decreasing
the area’s total available inventory to
34—down
8.11%
from the previous month. Inventory is projected to have further
decreased
in
August.
Of those
34
active listings,
38.24%
reduced their price in the month of
July.
The median listing price for homes in
Lake Arbor
grew
19.8%
from
June
to
July,
bringing the current median listing price to
$515,000.
Based on projected data for
August,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
has been fairly steady
year-over-year. In
July 2025,
the median time for a listed property to go pending was
34
days, compared to
30
days in
July 2024.
In recent months the median number of days from listed to pending appears to be steady.
That trend is predicted to have carried through to this
August.
