Is Laguna-Pine Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Laguna-Pine Valley has remained a Seller's Market.
Key Takeaway
Laguna-Pine Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Laguna-Pine Valley, CA
How much do homes in Laguna-Pine Valley, CA cost?
Median Sold Price
$625,500
$391/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Laguna-Pine Valley have sold for 2.5% less than they did a year ago.
Summary: The median home sold price in Laguna-Pine Valley was $625,500 in November 2023, down 2.5% from last year, and the median price per square foot was $391.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $405K | $349.5K | -13.7% |
| 2 Bedrooms | $587.5K | $448K | -23.7% |
| 3 Bedrooms | $641.5K | $694K | +8.2% |
| 4 Bedrooms | $727.5K | $754K | +3.6% |
| 5+ Bedrooms | $1.0M | $1.7M | +62.0% |
Summary: Laguna-Pine Valley housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 13.7%, 2 bedroom homes decreased by 23.7%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 62%.
Housing Supply in Laguna-Pine Valley, CA
How many homes are available in Laguna-Pine Valley, CA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Summary: The Laguna-Pine Valley real estate market had 14 homes for sale in November 2023, a 6.7% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Laguna-Pine Valley housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Laguna-Pine Valley, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Laguna-Pine Valley in November 2023, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 15 Days | 18 Days | +16.4% |
Summary: Homes in Laguna-Pine Valley had an average of 18 days on market in Nov 2023, up by 16.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Laguna-Pine Valley are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 3 homes were sold in Laguna-Pine Valley; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.