Home Sales Down in Lake Forest Real Estate Market

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:

$849K   $645K   $345K  

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

Demographic facts about Lake Forest:

  • The percentage of the population who rent their homes is 28.2%.
  • 10-year job market growth is projected to be 33.1%.
  • There are 7,166 students for every librarian. (803 = national average)

Data reported through 1/11/2017

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