The Lake Forest market pulled back with a 16.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 80.1 monthly average with 68 homes sold. In comparison, nearby Irvine had 229 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $558,500 over the latest reporting period for Lake Forest, down from $560,000. With only three months of inventory to sell, Lake Forest is a seller's market, in spite of the dip in sales.
If you need more bedrooms, take a look at these homes in Lake Forest that offer more than other listings: