93664, Shaver Lake, CA

The Shaver Lake zip code 93664 has a population of just over 2,000 people and an average home value of just over $500,000. The median home value in the zip code is $465,000, which is significantly higher than the statewide median home value of $269,900.

There are a number of factors that contribute to the high home values in the Shaver Lake zip code. First and foremost, the area is located in one of California's most affluent counties. Second, there is a high demand for housing in the area due to its proximity to major metropolitan areas such as San Francisco and Los Angeles. Finally, there is a strong market for luxury homes in Shaver Lake due to its exclusive nature.

Despite these factors, there have been some signs that suggest the market may be starting to cool off a bit. For example, sales volume has decreased by about 20% since 2012 and prices have only increased by about 5%. Additionally, inventory levels have increased by about 10%, but this still represents only about 10% of total available homes for sale. It remains to be seen whether these trends will continue or if they will reverse course over time.