March 2024 Real Estate Report

Homes For Sale
147 Total
Homes For Sale
Homes added
50 Homes
Added to the Market
Homes For Sale
80 Homes
Sold
Compared to Previous Month
23%
More Homes For Sale
home chart
59%
More Homes Sold
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Last month in March, housing in Lake Forest, CA ended with 50 homes being added to the market for sale, for a cumulative monthly total of 147 homes for sale - up 23% compared to February. Lake Forest, CA had a total of 80 homes sold for the month - up 59% from the month prior.

Detached led the way in homes sold with a total of 52 - up 60%, while attached totaled 28 in closed sales - up 57% from the month of February. The number of detached properties sold under 1500 square feet totaled 7 for the month of March, while homes from 1500 to 2000 square feet recorded 9 sales and homes sized from 2000 to 2500 square feet had 17 sales. While homes from 2500 to 3000 square feet square feet recorded 9 homes sold and homes from 3000 to 3500 square feet had 6 sales and while homes in the 3500 to 4000 square feet range totaled 4 homes sold. The following ranges for detached homes all had no sales: 4000 to 4500, 4500 to 5000, over 5500.

The number of attached homes sold under 1500 square feet numbered 27 and attached properties from 2000 to 2500 square feet had a total of 1 homes sold. The following ranges for attached homes all had no sales: 1500 to 2000, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in Lake Forest, CA?
May:
85 Homes Sold
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The last 12 month period for the city of Lake Forest, CA shows that the greatest number of homes were sold during the months of April 2023, May 2023 and March 2024. The months of April 2023, May 2023 and March 2024 had 75 - 85 and 80 homes sold, respectively, as compared to an average of 54 for the other months of the year.

Sold Comparison Image
When do homes sell the fastest in Lake Forest, CA?
July:
16 Days On Market
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The last 12 month period for the city of Lake Forest, CA shows that homes sold the fastest during the months of July 2023, September 2023 and March 2024. The months of July 2023, September 2023 and March 2024 had 16 - 17 and 17 days on market, respectively, as compared to an average of 21 for the other months of the year.


Average Price Of Homes Sold In Lake Forest, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Lake Forest, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Lake Forest, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024493380 - - - - - - - - - 162
2023334875758572665672654132720
202263551211121081027010181705653992
20219579107143111157129112113120100921358
202045143817663711141191131101171111163
20196051798710098112100898074901020
201865558597103107748276846566959
2017625887105108112102991038892821098
Average Days On Market (DOM) In Lake Forest, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024181817 - - - - - - - - - 18
202330272823181916241722262323
20221098771114222823312917
2021271416101587131214111113
202045343219202939232116222427
201939454839463743382737395041
201827252013192321303237343827
201733372518221918242231242825
Average Days From List To Close Of Escrow In Lake Forest, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024635767 - - - - - - - - - 62
202378977989646067596361636370
202254604349424867697371717460
202187586256675452606460555861
202098878185737490747062708579
20199777111849888978972908510991
2018776566557382687597979310780
201782827562746460778396928177
Number of homes added to the market in Lake Forest, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024665050 - - - - - - - - - 166
2023577079767787878856574127802
2022891041241251181229066665455331046
202110010913413512512413995999767451269
2020949982711059712810713210461791159
2019868594108105106889164814235985
2018801129211710679859666535345984
2017988112911211710610493758158481102