Is Laguna Beach, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Laguna Beach was a Seller's Market.
Housing Prices in Laguna Beach, CA
How much do homes in Laguna Beach, CA cost?
Median Sold Price
$2,950,000
$1,546/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Laguna Beach was $2,950,000 in June 2024, up 3.6% from last year, and the median price per square foot was $1,546.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.6M | $1.3M | -18.0% |
2 Bedrooms | $1.7M | $1.9M | +17.4% |
3 Bedrooms | $2.8M | $2.9M | +1.8% |
4 Bedrooms | $4.0M | $4.2M | +4.3% |
5+ Bedrooms | $6.4M | $5.6M | -12.3% |
Summary: Laguna Beach housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 12.3%.
Median Sold Price Compared To Nearby Cities
South Coast | $1.0M | $1.1M | +9.6% |
Laguna Woods | $381.8K | $415.7K | +8.9% |
Laguna Niguel | $1.1M | $1.3M | +8.5% |
Aliso Viejo | $845K | $900K | +6.5% |
Laguna Beach | $2.8M | $2.9M | +3.6% |
Housing Supply in Laguna Beach, CA
How many homes are available in Laguna Beach, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
186 | 197 | +5.9% |
Summary: The Laguna Beach real estate market had 197 homes for sale in June 2024, a 5.9% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 41 | 40 | -2.4% |
3 Bedrooms | 60 | 65 | +8.3% |
4 Bedrooms | 60 | 65 | +8.3% |
5+ Bedrooms | 21 | 22 | +4.8% |
Summary: The Laguna Beach housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 4.8%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
29 | 26 | -10.3% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Laguna Beach in June 2024, down by 10.3% month-over-month. Of the 26 sold homes, 73% were sold under asking, 8% were sold at asking, and 19% were sold over asking.
Days on Market for Laguna Beach, CA
How long does it take to sell a home in Laguna Beach, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
59 Days | 41 Days | -30.1% |
Summary: Homes in Laguna Beach had an average of 41 days on market in Jun 2024, down by 30.1% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During June 2024, 26 homes were sold in Laguna Beach; 62% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.