Sales Down in Lake Forest Real Estate Market

The Lake Forest market slowed this week but was still better than normal as sales slid 9.9% to 82 homes sold over the last 30 days. On the other hand, close-by Irvine registered 231 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Lake Forest, with the median for this period rising from $540,000 to $550,000. With only three months of inventory to sell, Lake Forest is a seller's market, in spite of the dip in sales.

If you're looking for a home with a large living area, then be sure to see these listings that provides more space than any other in Lake Forest:

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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 population has increased 1.9% over the past decade.
  • This area has a safety rating of 99. (Scale: 1 = Worst, 100 = Best)
  • The area's average commute to work is 27 minutes.

Data reported through 10/12/2016

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