Lake Forest Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Lake Forest home sales for the month of February rose in volume by 116.7% when compared to last year, while the median sale price rose by 18.4% from $652,361 to $772,450. The number of Single Family homes sales rose by 214.3%, while the median sale price rose by 6.4% from $782,500 to $832,500. Condo/townhome sales decreased by 20%, while the median sale price rose by 136.4% from $302,450 to $714,950.

» View homes for sale in Lake Forest   » View all recent sales in Lake Forest

Median Sale Prices for Lake Forest

550k
802k
805k
652k
830k
750k
690k
765k
730k
736k
650k
752k
700k
741k
547k
772k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Lake Forest

17
17
21
12
34
27
31
45
35
25
26
22
30
22
26
26
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Lake Forest

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 12 26 +116.7% 35 55 +57.1%
(Single Family) 7 22 +214.3% 24 47 +95.8%
(Condos/Townhomes) 5 4 -20% 11 8 -27.3%
Median Sale Price $652,361 $772,450 +18.4% $760,000 $707,500 -6.9%
(Single Family) $782,500 $832,500 +6.4% $893,750 $730,000 -18.3%
(Condos/Townhomes) $302,450 $714,950 +136.4% $365,000 $539,325 +47.8%
Days on Market 153 111 -27.5% 137 77 -43.8%
(Single Family) 129 97 -24.8% 133 72 -45.9%
(Condos/Townhomes) 176 152 -13.6% 176 129 -27%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Lake Forest? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

Do you have any questions about Lake Forest?


Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

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