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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laguna Woods is a seller's market

Buyer's
Market

Difference Since January 2023

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

Key Takeaway

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

Housing Prices in Laguna Woods, CA

How much do homes in Laguna Woods, CA cost?

Median Sold Price

$399,379

$370/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

+$20,046(+5.3%)

Key Takeaway

Homes in Laguna Woods have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Laguna Woods was $399,379 in January 2024, up 5.3% from last year, and the median price per square foot was $370.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $235K$226.5K
-3.6%
2 $380K$401K
+5.5%
3 $803K$840K
+4.6%
4 --
N/A
5+ --
N/A

Summary: Laguna Woods housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.6%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 4.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Laguna Woods
+5.3%
Laguna Hills
+2.3%
Aliso Viejo
0.0%
South Coast
0%
Laguna Beach
-6.0%

Housing Supply in Laguna Woods, CA

How many homes are available in Laguna Woods, CA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
193195+1.0%

Summary: The Laguna Woods real estate market had 195 homes for sale in January 2024, a 1.0% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 2725
-7.4%
2 147155
+5.4%
3 1915
-21.1%
4 00
0.0%
5+ 00
0.0%

Summary: The Laguna Woods housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.4%, 2 bedroom homes increased by 5.4%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
5360+13.2%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laguna Woods, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 60 homes were sold or pending in Laguna Woods in January 2024, up by 13.2% month-over-month. Of the 60 sold homes, 47% were sold under asking, 32% were sold at asking, and 22% 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

Jan 2023Jan 2024CHANGE
56 Days40 Days-28.0%

Summary: Homes in Laguna Woods had an average of 40 days on market in Jan 2024, down by 28% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During January 2024, 60 homes were sold in Laguna Woods; 53% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% 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 29 Days Ago

Newest Listings in Laguna Woods, CA

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