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Lake Forest Subdivision Daphne AL YTD Sales Report

By
Real Estate Agent with Jason Will Real Estate 88702

Lake Forest Homes For Sale Daphne AL

 

Lake Forest Subdivision Daphne AL is desirable for so many reasons which is why it is the top neighborhood in sales in Baldwin County AL with 102 sales year to date 2014. The location of Lake Forest is one of the many reasons for such success. Lake Forest is the closest neighborhood to the Interstate, so you are less than 10 miles from downtown Mobile. Size is a plus and Lake Forest as it is the largest subdivision on the Alabama Gulf Coast with over 3000 homes. Lake Forest is situated so that it is close to everything, including, schools, health care, shopping and the Mobile Bay. 

Convenience, life style, and value are the top sellers in Lake Forest. The community includes a golf course, swimming pools, playgrounds, and tennis courts, equestrian facilities, plus a Bayside Yacht Club and Marina. Value and future value are also a contributing factor in keep Lake Forest a successful community. Lake Forest is the most valuable golf course community in all of Baldwin County and the functional Property owners association is ensuring that property values will continue to trend up with the constant upgrades to the subdivision. The average sales price in Lake Forest is just over $132,000 and the sellers are getting 97.45% of list price when they sell. It is taking, on average, 109 day to sell homes in Lake Forest, so proper pricing initially will ensure the fastest and most profitable transactions for sellers in Lake Forest. 

 

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Quick Stats

 

Statistics
(102 listings)
  Low High Average Median Total
List Price $49,900 $219,000 $135,722 $139,000 $13,843,690
Selling Price $53,000 $215,000 $132,111 $133,849 $13,475,372
Sold/List(%) 80.43% 113.73% 97.45% 97.70% --
Price/SqFt ($) $23.37 $110.24 $70.04 $70.50 --
Days on Market 1 563 109 88.5 --