Lake Forest Real Estate Market Update – November 2025

Market Snapshot

Active Listings: 12 homes are currently on the market, averaging $675,567.0 and spending about 37.4 days on the market.

Closed Sales: 1 home sold, averaging $589,900.0, and selling in just 7.0 days.

Pending Sales: 1 home is under contract, averaging $640,000.0 and taking 68.0 days on the market.

Cancelled Listings: 1 home was cancelled, averaging $1,050,000.0 and lasting around 59.0 days on the market.

Key Trends

1. Active listings in Lake Forest continue to average in the high $600Ks, showing steady seller confidence.

2. The lone closed sale this month averaged just under $590K, indicating buyers are still active but selective.

3. Pending activity shows stability, with contract activity in the mid-$600K range.

4. The cancelled listing exceeded $1 million and sat nearly two months, reinforcing that luxury pricing must be well‑aligned with demand.

What This Means

For Buyers: Inventory remains available, but the best‑positioned homes are still moving quickly. Buyers should be prepared to act decisively on well‑priced listings.

For Sellers: Even with limited closed activity, homes priced appropriately are selling efficiently. Luxury sellers should take note—overpricing in this tier leads to extended days on market and withdrawal.

Final Thoughts

The Lake Forest market remains stable heading into late fall 2025. With active listings holding strong and buyers engaging selectively, strategic pricing will continue to determine which homes move and which homes stall. Well‑positioned homes are still finding motivated buyers this season.