In this week's report, the number of homes sold in the Lake Forest market fell to 77 over the past 30 days. It marked a decrease of 3.8% from last week's report and another period below the monthly average. On the other hand, close-by Irvine registered 185 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Lake Forest, and for this period the median sales price slid from $632,500 to $630,000. In spite of the decrease in sales, a low two months of inventory signals that Lake Forest is a strong seller's market.
Wonder which homes are generating the most buzz? Here are the most viewed listings in Lake Forest: