In order to give the most accurate picture of this year in review for Lake Forest Estates, I decided to go back and compare 2008 to the prior two years. Please note, these numbers reflect single family homes only listed and sold through NWMLS and do not take into account any “by owner” or private sales. 2008 2007 2006 Number of sales 2 7 7 % Down from prior year -71% no change n/a Average Sales Price $492,475 $618,271 $534,421 Average Days on Market 63 59 43 If you’d like to get an online estimate of what your Lake Forest Estates home is worth, click here *Please note, this post will be edited to reflect sales which had recorded on or before 12/31/2008 but have not yet been reported to NWMLS. (Technically sales are supposed to be reported within 24 hours of a status change but this isn’t always the case)

