Lake Forest Real Estate Market Trends
Market Overview for Quarter 2, 2022
Median Sale Price
No. of Transactions
County Median Sale Price
In Q2, the median home sale price in Lake Forest was $1M, an increase of 22% year-over-year. By contrast, sales activity trended down with 231 deals closed, representing a decline of -25% compared to the same period last year. The median price per square foot in Q2 was $597, a change of 24% year-over-year, while the median sale price in Orange County was $1M.
Top Cities in Orange County
|Ranking||City||Median Sale Price|
|7||San Juan Capistrano||$1,302,500|
|27||Rancho Santa Margarita||$845,000|
Residential Property Types Sold in Lake Forest
|Property Type||Median Sale Price||Y-o-Y Change||Median Sale Price/Sq. Ft||Y-o-Y Change||Transactions|
The Q2 median sale price for Lake Forest houses was $1M, increasing 22% year-over-year. While the median for houses was trending up, condo prices in Lake Forest remained flat year-over-year at -.
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