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Thursday, November 7, 2024

How did home prices perform in Lake Forest during January 2020?

Realestate2

The median sale price of a home sold in January 2020 in Lake Forest rose by $53,750 while total sales increased by 7.3%, according to BlockShopper.com.

In January 2020, there were 44 homes sold, with a median sale price of $828,750 - a 6.9% increase over the $775,000 median sale price for the same period of the previous year. There were 41 homes sold in Lake Forest in January 2019.

The following table compares Lake Forest to other Orange County cities with similar median sale prices in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Costa Mesa543745.9%$892,500$902,000-1.1%
Huntington Beach8182-1.2%$870,000$875,000-0.6%
Laguna Hills251392.3%$850,000$675,00025.9%
Aliso Viejo201181.8%$840,000$749,00012.1%
La Palma550%$830,000$685,00021.2%
Lake Forest44417.3%$828,750$775,0006.9%
San Juan Capistrano2912141.7%$812,500$690,00017.8%
Fullerton806425%$772,500$686,00012.6%
Rancho Santa Margarita1022-54.5%$758,000$719,2505.4%
Orange704652.2%$753,000$722,5004.2%
Fountain Valley2527-7.4%$750,000$789,000-4.9%

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