Wednesday, March 10, 2010

Lake Forest Market Report

This is a statistical report for Active for Sale and Sold homes and condos in Lake Forest . This report is brought to you by the professional realtors at Equinox Real Estate Group in Orange County, CA. Average price per square foot for Lake Forest CA was $252, an increase of 7.2% compared to the same period last year. The median sales price for homes in Lake Forest CA for Dec 09 to Feb 10 was $357,500 based on 141 home sales. Compared to the same period one year ago, the median home sales price increased 15%, or $46,500, and the number of home sales decreased 27.3%.

There are currently 317 resale and new homes in Lake Forest, including 2 open houses, as well as 301 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Lake Forest CA was $331,286 for the week ending Mar 03, which represents an increase of 3.1%, or $9,810, compared to the prior week.

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