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    Lake Forest Market Report

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    Ginny Slocum Stopa
    The document summarizes housing market trends in Lake Forest from 2009 to 2013, noting that prices peaked in 2009 at an average of $142,000 before bottoming out in 2011 at $102,000, and that sales and prices have been increasing since 2011, with 120 homes selling through the first 9 months of 2013 at an average of $123,000, indicating recovery and built-up home equity for those who purchased in 2011.

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    Lake Forest Market Report

    Uploaded by

    Ginny Slocum Stopa
    5 views1 page
    The document summarizes housing market trends in Lake Forest from 2009 to 2013, noting that prices peaked in 2009 at an average of $142,000 before bottoming out in 2011 at $102,000, and that sales and prices have been increasing since 2011, with 120 homes selling through the first 9 months of 2013 at an average of $123,000, indicating recovery and built-up home equity for those who purchased in 2011.

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    The document summarizes housing market trends in Lake Forest from 2009 to 2013, noting that prices peaked in 2009 at an average of $142,000 before bottoming out in 2011 at $102,000, and that sales and prices have been increasing since 2011, with 120 homes selling through the first 9 months of 2013 at an average of $123,000, indicating recovery and built-up home equity for those who purchased in 2011.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    5 views1 page

    Lake Forest Market Report

    Uploaded by

    Ginny Slocum Stopa
    The document summarizes housing market trends in Lake Forest from 2009 to 2013, noting that prices peaked in 2009 at an average of $142,000 before bottoming out in 2011 at $102,000, and that sales and prices have been increasing since 2011, with 120 homes selling through the first 9 months of 2013 at an average of $123,000, indicating recovery and built-up home equity for those who purchased in 2011.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
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    Lake Forest Market Report

    Houses Sold 150 Ave Sales Price per $1000

    112.5

    75

    37.5

    2009

    2010

    2011

    2012

    2013 (9mo)

    Activity shows the height of the market in terms of price was 2009 with average sales price of $142,000. The bottom of the market was seen in 2011 with an average sales price of $102,000. In 2009, there were 106 homes sold in Lake Forest. In 2011, there were 137 homes sold. Currently, we are seeing a large increase in sold properties and the prices are slowly recovering. If you purchased your home in 2011, you should have some equity in your home now.

    Lake Forest in 2013


    Homes Sold 1st Quarter 2nd Quarter 3rd Quarter 34 48 38 Average Price $116,700 $119,000 $131,500

    The rst 9 months of 2013, there have been 120 homes sold with an average sales price of $123,000.
    Statistics gathered from Baldwin County Association of Realtors MLS date

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