The Market Report
R E A L E S T A T E
L U X U R Y G R O U P
LAGUNA BEACH | SINGLE FAMILY HOMES
This week the median list price for Laguna Beach , CA is $ 4,695,000 with the market action index hovering around 31 . This is less than last month ' s market action index of 33 . Inventory has increased to 113 .
Market Action Index
This answers “ How ’ s the Market ?” by comparing rate of sales versus inventory .
Real-Time Market Profile
Median List Price $ 4,695,000
Median Price of New Listings
$ 5,437,500
Buyer ' s Market |
20 |
30 |
40 |
50 |
60
Last Month
|
70 |
80 |
Seller ' s Market |
Per Square Foot $ 1,863
Average Days on Market
137
|
10
Today
90
Median Days on Market 70
0
31 Slight Seller ' s Advantage
The market has been cooling over time and prices plateaued for a while . Despite the consistent decrease in MAI , we ’ re in the Seller ’ s zone . Watch for changes in MAI . If the MAI resumes its climb , prices will likely follow suit . If the MAI drops consistently or falls into the Buyer ’ s zone , watch for downward pressure on prices .
100
Price Decreased |
33 % |
Price Increased |
0 % |
Relisted |
4 % |
Inventory |
113 |
Median Rent |
$ 12,000 |
Market Action |
31 |
Slight Seller ' s Advantage
First American Title
NEWPORT BEACH | SINGLE FAMILY HOMES
Single-Family Homes
This week the median list price for Newport Beach , CA is $ 5,972,500 with the market action index hovering around 35 . This is less than last month ' s market action index of 36 . Inventory has increased to 150 .
Market Action Index
This answers “ How ’ s the Market ?” by comparing rate of sales versus inventory .
Real-Time Market Profile Median List Price $ 5,972,500
Median Price of New Listings
$ 3,747,500
Buyer ' s Market
Seller ' s Market
First American Title Insurance Company , and the operating divisions thereof , make no express or implied warranty respecting the information presented $ 8.0M and assume no responsibility for errors or omissions . First American , the eagle logo , First American Title , and firstam . com are registered trademarks or trademarks of First American Financial Corporation and / or its affiliates . Source : Altos Research LLC © 2020 First American Financial
$ 7.0M
Corporation and / or its affiliates . All rights reserved . | NYSE : FAF Mon Jun 10 2024
OVER $ 1 BILLION IN LOCAL CAREER SALES # 2 TEAM IN ORANGE COUNTY * LIVELREALESTATE . COM MEITAL TAUB | 949.922.9552 REALTOR ® | DRE # 01871040 Dec 2020 Jun 2021 Dec 2021
* medium teams by sales volume . as recognized by Real Trends , 2024 .
Per Square Foot $ 1,769
Average Days on |
98 |
Market Segments |
Market |
|
Median Days on Market
Each segment below represents approximately 25 % of the market ordered by price .
|
56 |
Price Decreased |
34 % |
Median Price |
Sq . Ft . |
35
Lot Size
|
Beds |
Bath
Age
Price Increased
|
New |
Absorbed |
DOM
1 %
|
|
Slight Seller ' s Advantage
$ 11,729,000
4,213
0.25 - 0.5 acre
4
The market remains in a relative stasis in terms of sales to inventory
|
5
33
Relisted
|
3 |
2 |
91
7 %
|
|
and
$ 5,995,000 prices have been relatively
3,344 stable
6,500 for a - few 8,000 weeks sqft . However 4,
|
4.5Inventory
43
|
2 |
1 |
150
98
|
|
inventory is sufficiently low to keep us in the Seller ’ s Market zone so
$ 3,995,000
2,673
6,500 - 8,000 sqft
4 watch changes in the MAI . If the market heats up , prices are likely to
|
3
Median Rent
49
|
1 |
6 |
$ 11,995
70
|
|
resume an upward climb .
$ 2,495,000
1,475
|
0 - 4,500 sqft |
3 |
Market Action
2
62
|
2 |
4 |
35
49
|
10
0
20
Median List Price
$ 6.0M
$ 5.0M
$ 4.0M
$ 3.0M
$ 2.0M Dec 2019
30
Market Segments
40
Jun 2020
50
60
Last Month
70
Today
80
90
100
7-Day Average
Jun 2022 90-Day Average
Each segment below represents approximately 25 % of the market ordered by price .
Slight Seller ' s Advantage
1 of 1
Please text LIVEL at 949.922.9552 to schedule a confidential consultation .
Dec 2022 Jun 2023 Dec 2023 Jun 2024