Is Laguna Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Laguna Hills has remained a Seller's Market.
Housing Prices in Laguna Hills, CA
How much do homes in Laguna Hills, CA cost?
Median Sold Price
$1,080,000
$606/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Laguna Hills was $1,080,000 in April 2024, up 3.1% from last year, and the median price per square foot was $606.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $499.5K | $505K | +1.1% |
2 Bedrooms | $600K | $626K | +4.3% |
3 Bedrooms | $867.5K | $855K | -1.4% |
4 Bedrooms | $1.4M | $1.3M | -7.8% |
5+ Bedrooms | $2.1M | $2.4M | +15.7% |
Summary: Laguna Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 15.7%.
Median Sold Price Compared To Nearby Cities
Laguna Woods | $379.8K | $413.6K | +8.9% |
Mission Viejo | $986.6K | $1.0M | +8.1% |
South Coast | $1.0M | $1.1M | +6.3% |
Aliso Viejo | $845K | $880K | +4.1% |
Laguna Hills | $1.0M | $1.0M | +3.1% |
Housing Supply in Laguna Hills, CA
How many homes are available in Laguna Hills, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 65 | +4.8% |
Summary: The Laguna Hills real estate market had 65 homes for sale in April 2024, a 4.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 4 | 10 | +150.0% |
3 Bedrooms | 19 | 15 | -21.1% |
4 Bedrooms | 21 | 19 | -9.5% |
5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The Laguna Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 20 | +25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Laguna Hills in April 2024, up by 25.0% month-over-month. Of the 20 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for Laguna Hills, CA
How long does it take to sell a home in Laguna Hills, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 12 Days | -63.8% |
Summary: Homes in Laguna Hills had an average of 12 days on market in Apr 2024, down by 63.8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Laguna Hills; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.