Lake Ida Market Report
Lake Ida Market Summary – July 2025
The Lake Ida real estate market remains strong, with notable gains in both pricing and absorption compared to last year.
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Prices Surge: The average sale price jumped 76% year-over-year to nearly $3.92M, while the median sale price surged 84% to just under $4M. Year-to-date, prices remain steady with modest gains over 2024.
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Listings & Inventory: Active inventory has expanded, with 44 active listings, up 42% from last July. New listings also rose 43%, showing strong seller confidence.
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Market Pace: The absorption rate climbed to 8.25 months, up from 6.31, reflecting more available options for buyers but still showing healthy activity. Days on market improved significantly, with the average CDOM down 30% from last year.
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Sales Activity: Closed sales in July totaled 4, down from 6 last year. However, year-to-date sales are up 26%, signaling continued demand at higher price points. Pending sales also climbed 150% year-over-year for July, pointing to strong upcoming closings.
Takeaway:
Lake Ida continues to attract luxury buyers, with significant appreciation in closed sale prices and a growing pool of high-end inventory. While monthly sales volume dipped slightly, year-to-date activity remains higher than 2024, and pending contracts suggest steady momentum heading into the fall.
