Is Laguna Niguel, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Laguna Niguel has remained a Seller's Market.
Housing Prices in Laguna Niguel, CA
How much do homes in Laguna Niguel, CA cost?
Median Sold Price
$1,281,312
$698/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Laguna Niguel was $1,281,312 in May 2024, up 6.8% from last year, and the median price per square foot was $698.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $504.2K | $517.5K | +2.6% |
2 Bedrooms | $700K | $780K | +11.4% |
3 Bedrooms | $1.1M | $1.2M | +0.7% |
4 Bedrooms | $1.6M | $1.8M | +9.3% |
5+ Bedrooms | $2.0M | $2.3M | +14.9% |
Summary: Laguna Niguel housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 14.9%.
Median Sold Price Compared To Nearby Cities
San Juan Capistrano | $1.2M | $1.3M | +9.3% |
South Coast | $1.0M | $1.1M | +9.3% |
Dana Point | $1.5M | $1.6M | +8.4% |
Aliso Viejo | $841.2K | $900K | +7.0% |
Laguna Niguel | $1.2M | $1.2M | +6.8% |
Housing Supply in Laguna Niguel, CA
How many homes are available in Laguna Niguel, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
205 | 206 | 0.5% |
Summary: The Laguna Niguel real estate market had 206 homes for sale in May 2024, a 0.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 8 | -33.3% |
2 Bedrooms | 50 | 55 | +10.0% |
3 Bedrooms | 60 | 55 | -8.3% |
4 Bedrooms | 55 | 60 | +9.1% |
5+ Bedrooms | 28 | 28 | 0.0% |
Summary: The Laguna Niguel housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
58 | 57 | -1.7% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Summary: A total of 57 homes were sold or pending in Laguna Niguel in May 2024, down by 1.7% month-over-month. Of the 57 sold homes, 32% were sold under asking, 11% were sold at asking, and 58% were sold over asking.
Days on Market for Laguna Niguel, CA
How long does it take to sell a home in Laguna Niguel, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
21 Days | 16 Days | -21.6% |
Summary: Homes in Laguna Niguel had an average of 16 days on market in May 2024, down by 21.6% compared to last year.
Breakdown of Home Sale Times
49 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 57 homes were sold in Laguna Niguel; 86% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.