Coastal Real Estate Guide
Laguna Beach, CA 92651
Single-Family Homes
Firebrand Media LLC
Laguna Beach, CA 92651
Mon Feb 06 2023
This week the median list price for Laguna Beach, CA 92651 is $3,995,000 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 71.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Real-Time Market Profile
| Median List Price | $3,995,000 | |
| Median Price of New Listings | $4,491,944 | |
| Per Square Foot | $1,807 | |
| Average Days on Market | 133 | |
| Median Days on Market | 105 | |
| Price Decreased | 28% | |
| Price Increased | 0% | |
| Relisted | 6% | |
| Inventory | 71 | |
| Median Rent | ||
| Market Action | 30 | |
| Slight Seller's Advantage | ||
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.
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 |
|---|---|---|---|---|---|---|---|---|
| $14,995,000 | 4,800 | 0.25 - 0.5 acre | 4 | 6 | 68 | 0 | 1 | 140 |
| $5,693,944 | 3,168 | 6,500 - 8,000 sqft | 4 | 4 | 48 | 3 | 2 | 115 |
| $2,995,000 | 1,876 | 0 - 4,500 sqft | 3 | 3 | 58 | 1 | 1 | 84 |
| $1,799,500 | 1,511 | 4,500 - 6,500 sqft | 2 | 2 | 70 | 2 | 0 | 94 |