Lake Forest IL Real Estate Market Action Report March 2013
By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, Realtor Lake Forest's February Property sales were 21, up 110.0% from 10 in February of 2012 and 40.0% higher than the 15 sales last month. February 2013 sales were at their highest level compared to February of 2012 and 2011. February YTD sales of 36 are running 80.0% ahead of last year's year-to-date sales of 20. The Median Sales Price in February was $718,000, down -18.4% from $879,500 in February of 2012 and up 55.2% from $462,500 last month. The Average Sales Price in February was $706,190, down -30.3% from $1,013,150 in February of 2012 and up 6.9% from $660,700 last month. February 2013 ASP was at the lowest level compared to February of 2012 and 2011. The Total Inventory of Properties available for sale as of February was 195, up 0.5% from 194 last month and down ...
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