Lake Forest IL Real Estate Market Action Report May 2012
By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
Lake Forest’s April Property sales were 16, down -11.1% from 18 in April of 2011 and -36.0% lower than the 25 sales last month. April 2012 sales were at their lowest level compared to April of 2011 and 2010. April YTD sales of 61 are running 15.1% ahead of last year's year-to-date sales of 53. The Median Sales Price in April was $932,450, up 10.6% from $843,013 in April of 2011 and up 63.6% from $570,000 last month. The Average Sales Price in April was $1,071,912, down -4.1% from $1,117,890 in April of 2011 and up 27.9% from $837,870 last month. April 2012 ASP was at a mid range compared to April of 2011 and 2010. The Total Inventory of Properties available for sale as of April was 295, up 6.5% from 277 last month and down -17.8% from 359 in April of last year. April 2012 Inventor...
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