Update on the Lake Forest real estate market. Today there are only 65 homes in all price ranges available for sale! When compared to the 83 that have gone into escrow in the last 30 days, this is only a 23 day supply! (Obviously a seller’s market right now!) Over the last 6 months, there…
The market is definitely picking up this spring! Buyers are making offers almost as soon as new homes come on the market. Multiple offers have become very common, and prices are generally pretty firm. There are currently 75 Lake Forest homes for sale on the MLS. Lowest priced listing is $107,500 for a one-bedroom condo…
January 2012 started the year off slowly compared to last year, with gross sales in Lake Forest (92630) of only 27, compared to 40 in 2011. For single family homes, the average price this year was $434,439. While this is lower than the average of $504,633 last year, the size of homes sold this year…
Total sales in Lake Forest California were only slightly less than the prior year, but the average price actually increased!
Total properties sold through June 30, 2010 was 316, slightly less than the 330 sold during the same period last year.