Fri Dec 01 2023
This week the median list price for Laguna Beach, CA 92651 is $4,750,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has decreased to 113.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$4,750,000|
|Median Price of New Listings||$3,892,500|
|Per Square Foot||$1,721|
|Average Days on Market||124|
|Median Days on Market||91|
|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.
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||1||4||199|
|$6,447,500||3,398||6,500 - 8,000 sqft||4||4||60||1||2||108|
|$3,900,000||2,761||4,500 - 6,500 sqft||3||3||61||3||1||52|
|$2,399,000||1,800||0 - 4,500 sqft||3||3||57||1||1||42|