Today in Lake Forest, CA. their are currently 444 homes nd condos actively listed for sale.    Of these, 214 (48%) are attached Condos, and 230 (52%) are detached Single Family Residences.

Of these 444 properties listed for sale, 188 are Short Sales which represent 42% of the total inventory.  Also, 45 of the homes and condos active for sale are Bank Owned foreclosures which represent 10% of the total inventory.  The total number of distressed properties is 203, which represents 46% of total inventory.

Currently, there are 167 properties that are under contract and pending in escrow in Lake Forest, California.  Of this total, 40 properties are short sales, which represent 23% of the pending properties.  In addition, there are 62 Bank Owned foreclosure homes and condos under contract in escrow, which represent 37%.  The total number of distressed properties pending in Escrow is 102, which represents 61% of the total pending properties.

For the month of April, there were 74 properties that sold and closed escrow in Lake Forest, Calif.  Of these, 10 properties where short sales that sold that month, which represent 13.5% of the total sales.   In addition, 24 sales were Bank Owned foreclosures (REO) which closed escrow in the month of April in Lake Forest, which represent 32% of the total sales.  The total distressed sales were 34, which represents 46% of the total sales.