Is Laguna Hills, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laguna Hills is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Laguna Hills has remained a Seller's Market.

Key Takeaway

Laguna Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Laguna Hills, CA cost?

Median Sold Price

$1,073,333

$564/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$156,527(+17.1%)

Key Takeaway

Homes in Laguna Hills have sold for 17.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $394.9K$490K
+24.1%
2 $505K$610K
+20.8%
3 $750K$877.5K
+17.0%
4 $1.2M$1.4M
+18.2%
5+ $2.1M$2.1M
0.0%

Median Sold Price Compared To Nearby Cities

Aliso Viejo
+18.3%
Laguna Woods
+17.8%
South Coast
+17.2%
Laguna Hills
+17.1%
Mission Viejo
+15.7%

How many homes are available in Laguna Hills, CA?

Number of Homes For Sale

Sep 2022Oct 2022%
10693-12.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 35
+66.7%
2 1415
+7.1%
3 3130
-3.2%
4 4030
-25.0%
5+ 1813
-27.8%

Number of Homes Sold

Sep 2022Oct 2022%
2921-27.6%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laguna Hills, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
16 Days45 Days+169.9%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Laguna Hills has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Laguna Hills, CA

There are 93 homes are for sale in Laguna Hills, CA real estate market. Between September 2022 and October 2022, Laguna Hills, CA real estate market has seen decrease in the number of listings by 12.3%. In October 2022 median list price was $1,073,333 and the average listing age was 45 days. Listing prices have changed in this real estate market between September 2022 and October 2022: the cost of 1 bedroom properties went up by 24.1%, the cost of 2 bedrooms properties went up by 20.8%, prices of 3 bedrooms properties went up by 17%, the cost of 4 bedrooms properties went up by 18.2%, 5 bedrooms properties prices did not change. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory increased by 66.7%, the quantity of 2 bedrooms homes went up by 7.1%, volume of 3 bedrooms homes went down by 3.2%, volume of 4 bedrooms homes went down by 25%, volume of 5 bedrooms homes went down by 27.8%. While more than 6 listings in Laguna Hills, CA in October 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 15 were sold below.

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