Indian Hills Homes in Lake Forest California

The Indian Hills neighborhood has finally had its first closed sale of the year.  The house on Comanche had previously sold for $635K in April of 2005.  As a short sale, this time, it sold for $475,000.  It’s hard to say if the full value was realized, but the bank did approve it, so it’s now a “comp” that appraisers will use on future home valuations. 

There are currently 5 other homes on the market in Indian Hills and there are none in escrow today. 

Indian Hills Year to Date Report as of 4/24/2008

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