Contracts Record in Lake Forest Real Estate Market

The Lake Forest market reported 37 contracts in the last 30 days, the highest amount since November. This might lead to the end of the current three-week downward trend in sales, which hit 21 in the same period. In comparison, Waukegan led all other nearby municipalities with 89 contracts executed. The median sales price climbed to $600,000 over the latest reporting period for Lake Forest, up from $462,500. Lake Forest is a still definite buyer's market, in spite of the rising sales numbers, due to the availability of nine months of remaining inventory.

Looking for an inexpensive home to live in? Then make sure you see these wonderful listings available in Lake Forest:

$129K   $184K   $195K  

Get started right now by checking out Lake Forest homes for sale or reviewing Lake Forest real estate trends.

Demographic facts for Lake Forest:

  • The average age is 45 years old for the population in this area.
  • The Superfund sites index rating in this area is 22. (Best score = 100)
  • The health cost index score in this area is 106.0. (100 = national average)
  • People in this area have a commute time breakdown of: <15 min (22.6%), 15-29 min (30.8%), 30-44 min (17.9%), 45-59 min (9.3%), >60 min (19.5%).

Data reported through 2/13/2013


Ask a local expert about this area:
Snapped 11 homes in this area
Coldwell Banker Residential Brokerage
Snapped 7 homes in this area
Kenneth Neiman
Snapped 2 homes in this area

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