In the last 30 days, we have had 38 closings in Lake Forest. These ranged in price from a low of $260,000 for a one bedroom condo with 710 square feet to a high of $1,150,000 for a home in Montbury Estates with an "equestrian zoned" 16,000 foot lot with a beautiful sunset view. The number of closings are 55% below the volume of 2006, when we closed 81 properties.
While the average time on the market was 51 days, it is interesting to note that both of these extremes sold much faster. The small condo sold on the first day on the market, while the most expensive, but unique, estate took only 43 days to sell.
To view listings in Lake Forest or other areas of Orange County, please visit my website where you may search all homes in the MLS (no registration required!)
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