Is Laguna Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$1,115,000
$610/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Laguna Hills was $1,115,000 in June 2024, up 1% from last year, and the median price per square foot was $610.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $494.5K | $505K | +2.1% |
2 Bedrooms | $577.5K | $677.5K | +17.3% |
3 Bedrooms | $867.5K | $917.5K | +5.8% |
4 Bedrooms | $1.4M | $1.4M | -2.8% |
5+ Bedrooms | $2.1M | $2.4M | +13.2% |
Summary: Laguna Hills housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 13.2%.
Median Sold Price Compared To Nearby Cities
Mission Viejo | $963.1K | $1.0M | +14.2% |
South Coast | $1.0M | $1.1M | +9.6% |
Laguna Woods | $381.8K | $415.7K | +8.9% |
Aliso Viejo | $845K | $900K | +6.5% |
Laguna Hills | $1.1M | $1.1M | +1.0% |
Housing Supply in Laguna Hills, CA
How many homes are available in Laguna Hills, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
69 | 66 | -4.3% |
Summary: The Laguna Hills real estate market had 66 homes for sale in June 2024, a 4.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 19 | 22 | +15.8% |
4 Bedrooms | 22 | 17 | -22.7% |
5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Laguna Hills housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
24 | 19 | -20.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Laguna Hills in June 2024, down by 20.8% month-over-month. Of the 19 sold homes, 26% were sold under asking, 26% were sold at asking, and 47% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
20 Days | 18 Days | -10.7% |
Summary: Homes in Laguna Hills had an average of 18 days on market in Jun 2024, down by 10.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 19 homes were sold in Laguna Hills; 74% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.