Is Laguna-Pine Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laguna-Pine Valley is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Laguna-Pine Valley was a Seller's Market.

Key Takeaway

Laguna-Pine Valley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Laguna-Pine Valley, CA

How much do homes in Laguna-Pine Valley, CA cost?

Median Sold Price

$649,500

$390/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,000(+3.8%)

Key Takeaway

Homes in Laguna-Pine Valley have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Laguna-Pine Valley was $649,500 in November 2024, up 3.8% from last year, and the median price per square foot was $390.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $349.5K$381K
+9.0%
2 $448K$555K
+23.9%
3 $694K$699K
+0.7%
4 $754K$780K
+3.4%
5+ $1.7M$950K
-44.1%

Summary: Laguna-Pine Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes increased by 23.9%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 44.1%.

Median Sold Price Compared To Nearby Cities

Julian
+13.5%
Alpine
+10.1%
Laguna-Pine Valley
+3.8%

Housing Supply in Laguna-Pine Valley, CA

How many homes are available in Laguna-Pine Valley, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3027-10.0%

Summary: The Laguna-Pine Valley real estate market had 27 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 65
-16.7%
3 1615
-6.3%
4 54
-20.0%
5+ 22
0.0%

Summary: The Laguna-Pine Valley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laguna-Pine Valley, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Laguna-Pine Valley in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Laguna-Pine Valley, CA

How long does it take to sell a home in Laguna-Pine Valley, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days74 Days+307.7%

Summary: Homes in Laguna-Pine Valley had an average of 74 days on market in Nov 2024, up by 307.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Laguna-Pine Valley; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

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

Report Updated 1 Day Ago

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