Is Laguna Woods, 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 Woods has remained a Seller's Market.
Housing Prices in Laguna Woods, CA
How much do homes in Laguna Woods, CA cost?
Median Sold Price
$415,785
$387/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Laguna Woods was $415,785 in June 2024, up 8.9% from last year, and the median price per square foot was $387.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $238K | $239K | 0.4% |
2 Bedrooms | $389.3K | $418.6K | +7.5% |
3 Bedrooms | $850K | $853K | 0.4% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Laguna Woods housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 0.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
South Coast | $1.0M | $1.1M | +9.6% |
Laguna Woods | $381.8K | $415.7K | +8.9% |
Aliso Viejo | $845K | $900K | +6.5% |
Laguna Beach | $2.8M | $2.9M | +3.6% |
Laguna Hills | $1.1M | $1.1M | +1.0% |
Housing Supply in Laguna Woods, CA
How many homes are available in Laguna Woods, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
249 | 220 | -11.6% |
Summary: The Laguna Woods real estate market had 220 homes for sale in June 2024, a 11.6% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 15 | +7.1% |
2 Bedrooms | 214 | 184 | -14.0% |
3 Bedrooms | 21 | 21 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Laguna Woods housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes decreased by 14%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
69 | 43 | -37.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Laguna Woods in June 2024, down by 37.7% month-over-month. Of the 43 sold homes, 35% were sold under asking, 19% were sold at asking, and 47% were sold over asking.
Days on Market for Laguna Woods, CA
How long does it take to sell a home in Laguna Woods, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
36 Days | 20 Days | -43.6% |
Summary: Homes in Laguna Woods had an average of 20 days on market in Jun 2024, down by 43.6% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 43 homes were sold in Laguna Woods; 84% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.