New Downward Trend in Contracts for Forest Lake Real Estate Market

Sales fell to 31 homes sold in the Forest Lake market over the last 30 days. Furthermore, a recent downturn in the number of pending transactions continued, with 22 completed in the same period. As contracts trended lower, the median sales price went down as well, trending downwards for four weeks to $216,000. With only three months of inventory to sell, Forest Lake is still a seller's market, even after considering the falling contracts numbers and prices.

Looking to move to Forest Lake, but at an economical price? You may want to start with these low-cost listings:

$125K   $134K   $134K  

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

Demographic facts about Forest Lake:

  • The rating for this area for population growth is 69. (Scale: 1 = Worst, 100 = Best)
  • The ratio for physicians is 254.9 for every 100,000 people.
  • This area has a health cost index score of 105.5. (100 = national average)
  • 77.4% of the residents travel to work in an automobile, 12.6% via carpool, and 1.4% by way of public transit.

Data reported through 10/19/2016

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Coldwell Banker Burnet
Snapped 1 home in this area
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Realty Connect, Llc
Snapped 2 homes in this area

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