Is Laguna Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$1,075,000
$600/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Laguna Hills was $1,075,000 in March 2024, up 4.4% from last year, and the median price per square foot was $600.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $500K | $490K | -2.0% |
2 Bedrooms | $600K | $625K | +4.2% |
3 Bedrooms | $872.5K | $855K | -2.0% |
4 Bedrooms | $1.4M | $1.3M | -7.5% |
5+ Bedrooms | $2.1M | $2.4M | +15.4% |
Summary: Laguna Hills housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 15.4%.
Median Sold Price Compared To Nearby Cities
Laguna Woods | $379.1K | $407.9K | +7.6% |
Mission Viejo | $992.2K | $1.0M | +6.2% |
Laguna Hills | $1.0M | $1.0M | +4.4% |
South Coast | $1.0M | $1.1M | +2.1% |
Aliso Viejo | $850K | $862.4K | +1.5% |
Housing Supply in Laguna Hills, CA
How many homes are available in Laguna Hills, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
58 | 58 | 0.0% |
Summary: The Laguna Hills real estate market had 58 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 4 | -42.9% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 20 | 17 | -15.0% |
4 Bedrooms | 19 | 20 | +5.3% |
5+ Bedrooms | 8 | 13 | +62.5% |
Summary: The Laguna Hills housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 62.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 16 | -11.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Laguna Hills in March 2024, down by 11.1% month-over-month. Of the 16 sold homes, 31% were sold under asking, 25% were sold at asking, and 44% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 21 Days | -52.1% |
Summary: Homes in Laguna Hills had an average of 21 days on market in Mar 2024, down by 52.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in Laguna Hills; 81% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.