The Aaronson Group's Market Report

Lake Forest, CA

Single-Family Homes

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Lake Forest, CA

Thu Dec 01 2022
This week the median list price for Lake Forest, CA is $1,495,000 with the market action index hovering around 42. This is less than last month's market action index of 46. Inventory has increased to 75. Click here to stay informed with the Lake Forest market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Lake Forest, CA

Thu Dec 01 2022
This week the median list price for Lake Forest, CA is $1,495,000 with the market action index hovering around 42. This is less than last month's market action index of 46. Inventory has increased to 75. Click here to stay informed with the Lake Forest market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Lake Forest market.
Median List Price $1,495,000
Median Price of New Listings $1,495,000
Per Square Foot $613
Average Days on Market 71
Median Days on Market 56
Price Decreased 59%
Price Increased 13%
Relisted 8%
Inventory 75
Median Rent
Market Action 42
Slight Seller's Advantage

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,156,754 3,439 0 - 4,500 sqft 5 5 50 2 0 87
$1,699,990 2,677 0 - 4,500 sqft 4 4 39 2 2 42
$1,265,000 2,400 4,500 - 6,500 sqft 4 3 43 2 3 49
$948,000 1,504 4,500 - 6,500 sqft 4 2 45 3 4 56