LAKE FOREST PRICES HAVE
DROPPED 8.9% Since the MAY Peak
Lake Forest North & South |
May 2022 |
Oct 2022 |
Today’s Active Listings |
Av. Sales Price |
$1,203,505 |
$1,094,721 |
$1,214,031 |
Av. Sq.Ft. |
2,097 |
2,083 |
2,064 |
Av. Days on Market |
8 |
27 |
55 |
Interest Rate |
5% |
7.1% |
7.1% |
Av. Payment (20% DP, 30 yr fixed) |
$5,170 |
$6,568 |
$7,284 |
Many Sellers and their Realtors continue to list homes at May peak prices. FACT: High interest rates & high list prices have driven many buyers from the market. FACT: Av. list price today is $119,311 ABOVE market! FACT: Av. days on the market for these overpriced listings is 55 and counting…
If you truly want to sell your home, hire the Realtors who understand the local market and will get it done! |
LaVonne & Herb
949-395-7475
Selling Lake Forest Properties Since 1998