Real Estate Market Update for Lake Forest, CA
Welcome to December's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 13% from one year earlier, and down 23% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 490-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 21%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 520-thousand dollars. The number of units sold decreased 12% year-over-year, and increased 7% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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 Lake Forest, CA
Area Information for Lake Forest, CA
  • Population: 78,790
  • Median Age: 36.43 yr
  • Median Commute Time: 23.41 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 4,422/sq mi
  • Population Change Since 2000: 4.1%
  • Closest Airport: John Wayne Airport-orange County
  • Closest College: Concordia University
  • Closest Jr. College: Irvine Valley College
  • Median Household Income: $93,975
  • Annual Residential Turnover: 19.16%
  • Median Years in Residence: 3.12 yr
  • Median Home Sales Price: $386,750
  • Closest Major Sports Team: Anaheim Ducks
  • Change Avg. Household Income Since 2000: 29%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Lake Forest, CA
Median Age: 36.43 Married: 36% Number of Households: 26,554 Households with Children: 10,481
    • 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 Lake Forest, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Arbor Christian School 0.1 mi Private PRESCHOOL-K 0 3
      Abiding Savior Lutheran School 0.2 mi Private PRESCHOOL-8 0 5
      Montessori Children's School House 0.3 mi Private PRESCHOOL-K 0 0
      Ralph A. Gates Elementary School 0.5 mi Public K-6 2-5 4
      Olivewood Elementary School 0.5 mi Public K-6 2 4
      Heritage Christian School 0.6 mi Private PRESCHOOL-12 0 0
      Santiago Elementary School 0.7 mi Public K-6 3 5
      Serrano Intermediate School 0.7 mi Public 7-8 4-5 4
      Montessori On The Lake School 0.9 mi Private K-8 0 5
      El Toro High School 1.0 mi Public 9-12 4-5 4
      Escalade Academy 1.1 mi Private K-12 0 0
      La Madera Elementary School 1.2 mi Public K-6 4-5 4
      Grace Christian Schools 1.4 mi Private PRESCHOOL-6 0 5
      Rancho Canada Elementary School 1.7 mi Public K-6 4-5 4
      Woodcrest Preschool 1.8 mi Private PRESCHOOL-K 0 0
      Lake Forest Montessori School 1.9 mi Private PRESCHOOL-1 0 5
      Lake Forest Elementary School 2.2 mi Public K-6 3-5 4
      Fulbright Montessori Academy 3.2 mi Private PRESCHOOL-1 0 5
      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: and Onboard Informatics © 2014
      Local Weather for Lake Forest, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.