Lake Forest Housing Market Report – July 2026
Here's a look at how the Lake Forest, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 72
- Median Sale Price: $1,175,000
- Average Sale Price: $1,163,891
- Average Price Per Sq Ft: $614
- Average Days on Market: 65
- Sale-to-List Price Ratio: 98.1%
Month-Over-Month Trends
Compared to June, the median sale price in Lake Forest moved 6.3% down (from $1,254,000 to $1,175,000). The number of homes sold was 20.0% down compared to the prior month (90 vs. 72). Average days on market shifted 3.2% up (63 days to 65 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 2.6% up (from $1,145,000 to $1,175,000). Sales volume is 2.7% down year-over-year.
What This Means
Lake Forest's housing market is showing signs of seasonal softening as we head into late summer. Sales volume dipped 20 percent from June, and homes are now sitting on the market about two days longer than last month. The median price dropped notably to $1,175,000, down 6.3 percent from June's $1,254,000. This pullback is fairly typical for July, when many families have already made their moves and buyer activity naturally wanes during summer vacation season.
The good news is that the underlying market remains reasonably healthy year-over-year. Median prices are up 2.6 percent compared to July 2025, suggesting we're not experiencing any dramatic decline. The sale-to-list ratio of 98.1 percent indicates sellers are still getting close to asking price, though homes need a bit more patience to move. The growing inventory of 352 active listings gives buyers more options, which may explain why the negotiating position has shifted slightly in their favor.
For now, Lake Forest appears to be in a normal seasonal rhythm rather than a troubled market. Buyers shopping today have breathing room, but sellers shouldn't expect bidding wars. If you're considering a move, the softer market and broader inventory selection could work in your favor.
Lake Forest Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92630 | 59 | $1,150,000 | $602 | 68 |
| 92610 | 11 | $1,229,000 | $682 | 62 |
| 92679 | 2 | $1,265,000 | $584 | 27 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 43 | $1,350,000 | $685 |
| CONDOS | 14 | $632,500 | $589 |
| MOBILE | 6 | $335,000 | $214 |
| TOWNHOMES | 5 | $830,000 | $538 |
| CONDO | 3 | $785,000 | $631 |
| LAND | 1 | $208,888 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 3 |
| $300K - $399K | 4 |
| $400K - $499K | 3 |
| $500K - $749K | 8 |
| $750K+ | 54 |
Current Active Listings
As of this report, there are 352 active listings in Lake Forest with a median asking price of $1,098,900 and an average of 63 days on market.
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