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 $ 4,747,500 with the market action index hovering around 30 . This is less than last month ' s market action index of 31 . Inventory has increased to 120 .
Market Action Index
This answers “ How ’ s the Market ?” by comparing rate of sales versus inventory .
Real-Time Market Profile Median List Price $ 4,747,500
Median Price of New Listings
$ 5,350,000
Buyer ' s Market |
20 |
30 |
40 |
50 |
60
Last Month
|
70 |
80 |
Seller ' s Market |
Per Square Foot $ 1,927
Average Days on Market
134
|
10
Today
90
Median Days on Market 70
0
30 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 |
35 % |
Price Increased |
1 % |
Relisted |
7 % |
Inventory |
120 |
Median Rent |
$ 12,000 |
Market Action |
30 |
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 $ 5,995,000 with the market action index hovering around 36 . This is about the same as last month ' s market action index of 36 . Inventory has increased to 151 .
Market Action Index
This answers “ How ’ s the Market ?” by comparing rate of sales versus inventory .
Buyer ' s |
Seller ' s |
Average Days on |
97 |
|
Market
Market Segments
|
Market |
Market |
|
|
Median Days on Market
Each segment below represents approximately 25 % of the market ordered by price .
|
56 |
Price Decreased |
36 % |
Median Price |
Sq . Ft . |
Lot Size |
Beds |
Bath
Age
Price Increased
|
New |
Absorbed |
DOM
3 %
|
10
0
20
30
40
50
60
Last Month
36
70
Today
80
90
100
$ 12,497,500 4,192 8,000 - 10,000 sqft 4 5 49 6 1 77 Slight Seller ' s Advantage
Relisted 8 %
|
The
$ 6,172,500 market remains in a
3,344 relative stasis
6,500 in terms - 8,000 of sqft sales to inventory
4 .
|
4Inventory45 |
4 |
2 |
151
77
|
|
Prices have not been moving higher for several weeks . However ,
$ 3,995,000
2,630
6,500 - 8,000 sqft
4 inventory is sufficiently low to keep us in the Seller ’ s Market zone so
|
3Median
Rent
47
|
3 |
3 |
$ 10,500
66
|
|
watch changes in the MAI . If the market heats up persistently , prices
$ 2,472,500
1,467
0 - 4,500 sqft
3 are likely to resume an upward climb .
|
Market Action
36
2
63
2
2
42
Slight Seller ' s Advantage
|
Median List Price
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Market Segments
Mon Jun 17 2024
OVER $ 1 BILLION IN LOCAL CAREER SALES # 2 TEAM IN ORANGE COUNTY *
Jun 2020
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 .
7-Day Average
Real-Time Market Profile Median List Price $ 5,995,000
Median Price of New Listings
$ 4,825,000
Per Square Foot $ 1,773
Jun 2022 90-Day Average
Each segment below represents approximately 25 % of the market ordered by price .
1 of 1
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