Real Estate Market Update for 92630 (Lake Forest, CA)

Video: Real Estate Community Tour for 92630 (Lake Forest, CA)

See Real estate community tour for 92630 (Lake Forest, CA)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 40% from one year earlier, and up 5% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 650-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 10%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 530-thousand dollars. The number of units sold increased 6% year-over-year, and decreased 18% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 92630 (Lake Forest, CA)
Area Information for 92630 (Lake Forest, CA)
  • Population: 61,885
  • Median Age: 36.7 yr
  • Median Commute Time: 22.25 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 6,498/sq mi
  • Population Change Since 2000: 2.75%
  • Closest Airport: John Wayne Airport-orange County
  • Closest College: Soka University Of America
  • Closest Jr. College: Irvine Valley College
  • Median Household Income: $85,078
  • Annual Residential Turnover: 20.29%
  • Median Years in Residence: 3.22 yr
  • Median Home Sales Price: $386,000
  • Closest Major Sports Team: Anaheim Ducks
  • Change Avg. Household Income Since 2000: 26%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 92630 (Lake Forest, CA)
Median Age: 36.7 Married: 34% Number of Households: 20,830 Households with Children: 7,603
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 92630 (Lake Forest, CA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Lake Forest Montessori School 0.1 mi Private PRESCHOOL-2 0 5
      Woodcrest Preschool 0.2 mi Private PRESCHOOL-K 0 0
      Rancho Canada Elementary 0.4 mi Public K-6 4-5 4
      Lake Forest Elementary 0.8 mi Public K-6 3-5 4
      La Madera Elementary 0.9 mi Public K-6 4-5 4
      El Toro High School 0.9 mi Public 9-12 4-5 4
      Santiago Elementary 1.2 mi Public K-6 3 5
      Fulbright Montessori Academy 1.3 mi Private PRESCHOOL-1 0 5
      Grace Christian School 1.3 mi Private PRESCHOOL-6 0 5
      Serrano Intermediate 1.3 mi Public 7-8 4-5 4
      Heritage Christian School 1.6 mi Private PRESCHOOL-12 0 0
      Abiding Savior Lutheran School 1.7 mi Private PRESCHOOL-8 0 5
      Montessori On The Lake 1.8 mi Private K-8 0 5
      Arbor Christian School 1.9 mi Private PRESCHOOL-K 0 3
      Children's Schoolhouse Montessori 2.1 mi Private PRESCHOOL-K 0 0
      Olivewood Elementary 2.2 mi Public K-6 2 4
      Escalade Academy 2.3 mi Private K-12 0 0
      Ralph A Gates Elementary 2.4 mi Public K-6 2-5 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 92630 (Lake Forest, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.