Pango Group

Laguna Beach, CA 92651

Condos/Townhomes

www.pangogroup.com


Laguna Beach, CA 92651

Mon May 05 2025
This week the median list price for Laguna Beach, CA 92651 is $2,690,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has decreased to 27. 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

Market Narrative

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Laguna Beach, CA 92651

Mon May 05 2025
This week the median list price for Laguna Beach, CA 92651 is $2,690,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has decreased to 27. 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

Market Narrative

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Real-Time Market Profile

Never miss important changes in the Laguna Beach market.
Median List Price $2,690,000
Median Price of New Listings $1,461,500
Per Square Foot $1,944
Average Days on Market 103
Median Days on Market 91
Price Decreased 41%
Price Increased 0%
Relisted 7%
Inventory 27
Median Rent
Market Action 30
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$6,745,000 2,809 0.25 - 0.5 acre 4 4 60 0 0 140
$3,695,000 1,440 4,500 - 6,500 sqft 2 2 63 0 0 133
$2,095,000 1,500 0 - 4,500 sqft 3 2 61 0 0 42
$1,199,000 1,000 0.25 - 0.5 acre 2 1 65 2 1 42