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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laguna Niguel is a seller's market

Buyer's
Market

Difference Since May 2022

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

Key Takeaway

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

How much do homes in Laguna Niguel, CA cost?

Median Sold Price

$1,200,000

$644/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$100,000(+9.1%)

Key Takeaway

Homes in Laguna Niguel have sold for 9.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $455K$504.2K
+10.8%
2 $662K$700K
+5.7%
3 $1.0M$1.1M
+12.6%
4 $1.5M$1.6M
+12.0%
5+ $2.1M$2.0M
-2.6%

Median Sold Price Compared To Nearby Cities

Laguna Niguel
+9.1%
Dana Point
+7.9%
Aliso Viejo
+5.4%
South Coast
+3.7%
San Juan Capistrano
-8.0%

How many homes are available in Laguna Niguel, CA?

Number of Homes For Sale

Apr 2023May 2023%
191210+9.9%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 77
0.0%
2 4655
+19.6%
3 5966
+11.9%
4 5151
0.0%
5+ 2831
+10.7%

Number of Homes Sold

Apr 2023May 2023%
4569+53.3%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laguna Niguel, you may be able to get a good deal. 46.4% of homes here sold below asking price last month.

How long does it take to sell a home in Laguna Niguel, CA?

How long does it take to sell a home in Laguna Niguel, CA?

Average Sale Time

May 2022May 2023%
13 Days20 Days+53.4%

Breakdown of Home Sale Times

56 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Laguna Niguel are selling fast, if you're buying plan to act quickly.

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

What housing markets are near Laguna Niguel, CA?

About Laguna Niguel, CA

Homes for sale in Laguna Niguel, CA have reached 210. In May 2023 in Laguna Niguel, CA there were 9.9% more homes for sale than in April 2023. The median list price of listings available in May 2023 was $1,200,000, while the average time on the real estate market was 20 days. Real estate listing prices changed between April 2023 and May 2023: 1 bedroom properties prices increased by 10.8%, 2 bedrooms properties prices increased by 5.7%, prices of 3 bedrooms properties went up by 12.6%, the cost of 4 bedrooms properties went up by 12%, prices of 5 bedrooms properties went down by 2.6%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, volume of 2 bedrooms homes went up by 19.6%, volume of 3 bedrooms homes went up by 11.9%, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes inventory increased by 10.7%. In May 2023, from all listings sold in Laguna Niguel, CA there were more than 27 sold above asking price, over 32 sold below and more than 10 were sold right at the asked price.