Lake Forest IL Real Estate Market Action Report November 2015
By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, RealtorLake Forest's October Property sales were 23, down -32.4% from 34 in October of 2014 and 4.5% higher than the 22 sales last month. October 2015 sales were at their lowest level compared to October of 2014 and 2013. October YTD sales of 277 are running -6.1% behind last year's year-to-date sales of 295. The Median Sales Price in October was $752,500, down -1.5% from $763,750 in October of 2014 and down -10.1% from $837,500 last month. The Average Sales Price in October was $1,013,702, up 2.7% from $986,637 in October of 2014 and up 0.3% from $1,010,227 last month. October 2015 ASP was at highest level compared to October of 2014 and 2013. The Total Inventory of Properties available for sale as of October was 329, up 0.9% from 326 last month and up 32.1% from 249 in ...
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