Barsam & Associates

Laguna Beach, CA 92651

Single-Family Homes

T: 877-522-7726 | www.barsaminc.com | DRE 01871779


Laguna Beach, CA 92651

Mon Dec 04 2023
This week the median list price for Laguna Beach, CA 92651 is $4,850,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 113. 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 off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Laguna Beach, CA 92651

Mon Dec 04 2023
This week the median list price for Laguna Beach, CA 92651 is $4,850,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 113. 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 off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Laguna Beach market.
Median List Price $4,850,000
Median Price of New Listings $3,795,000
Per Square Foot $1,779
Average Days on Market 127
Median Days on Market 91
Price Decreased 36%
Price Increased 0%
Relisted 6%
Inventory 113
Median Rent
Market Action 30
Slight Seller's Advantage

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

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
$20,225,000 5,050 0.25 - 0.5 acre 4 5.5 68 0 0 206
$6,447,500 3,398 8,000 - 10,000 sqft 4 4 61 1 0 115
$3,995,000 2,820 4,500 - 6,500 sqft 4 3 61 2 1 56
$2,495,000 1,849 0 - 4,500 sqft 3 2 57 1 2 49