Justin Tye

Laguna Beach, CA

Single-Family Homes

Active Realty I REAL



Laguna Beach, CA

Thu Jun 20 2024
This week the median list price for Laguna Beach, CA is $4,747,500 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has increased to 120. Click here to stay informed with the Laguna Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Laguna Beach, CA

Thu Jun 20 2024
This week the median list price for Laguna Beach, CA is $4,747,500 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has increased to 120. Click here to stay informed with the Laguna Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Laguna Beach market.
Median List Price $4,747,500
Median Price of New Listings $5,350,000
Per Square Foot $1,927
Average Days on Market 134
Median Days on Market 70
Price Decreased 35%
Price Increased 1%
Relisted 7%
Inventory 120
Median Rent
Market Action 30
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$12,497,500 4,192 8,000 - 10,000 sqft 4 5 49 6 1 77
$6,172,500 3,344 6,500 - 8,000 sqft 4 4 45 4 2 77
$3,995,000 2,630 6,500 - 8,000 sqft 4 3 47 3 3 66
$2,472,500 1,467 0 - 4,500 sqft 3 2 63 2 2 42