Tue Sep 27 2022
This week the median list price for Laguna Beach, CA 92651 is $5,300,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 91.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$5,300,000|
|Median Price of New Listings||$5,188,000|
|Per Square Foot||$1,976|
|Average Days on Market||112|
|Median Days on Market||77|
|Slight Seller's Advantage|
We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$18,747,500||4,949||0.25 - 0.5 acre||4||5.5||73||2||1||80|
|$8,500,000||4,069||6,500 - 8,000 sqft||4||5||55||0||1||77|
|$4,195,000||2,579||6,500 - 8,000 sqft||4||3||54||1||2||70|
|$2,395,000||1,650||4,500 - 6,500 sqft||3||2||60||2||2||77|