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 $ 4,750,000 with the market action index hovering around 30 . This is less than last month ' s market action index of 31 . Inventory has increased to 133 .
Market Action Index
This answers “ How ’ s the Market ?” by comparing rate of sales versus inventory .
Real-Time Market Profile Median List Price $ 4,750,000
Median Price of New Listings
$ 4,340,000
Buyer ' s Market |
20 |
30 |
40 |
50 |
60
Last Month
|
70 |
80 |
Seller ' s Market |
Per Square Foot $ 1,863
Average Days on Market
147
|
10
Today
90
Median Days on Market 77
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 |
39 % |
Price Increased |
2 % |
Relisted |
12 % |
Inventory |
133 |
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 34 . This is less than last month ' s market action index of 35 . Inventory has increased to 151 .
Market Action Index
This answers “ How ’ s the Market ?” by comparing rate of sales versus inventory .
Real-Time Market Profile Median List Price $ 5,995,000
Median Price of New Listings
$ 3,499,950
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
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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 $ 1,826
Average Days on |
103 |
Market Segments |
Market |
|
Median Days on Market
Each segment below represents approximately 25 % of the market ordered by price .
|
63 |
Price Decreased |
38 % |
Median Price |
Sq . Ft . |
34
Lot Size
|
Beds |
Bath
Age
Price Increased
|
New |
Absorbed |
DOM
3 %
|
|
Slight Seller ' s Advantage
$ 12,000,000
4,250
8,000 - 10,000 sqft
4
The market has been cooling over time and prices plateaued for a
|
5
51
Relisted
|
1 |
0 |
91
7 %
|
|
while
$ 5,995,000 . Despite the consistent
3,302 decrease
6,500 in MAI - 8,000 , we ’ sqft re in the Seller 4’ s
|
4Inventory45 |
3 |
0 |
151
84
|
|
zone . Watch for changes in MAI . If the MAI resumes its climb , prices will
$ 3,999,000
2,616
4,500 - 6,500 sqft
4 likely follow suit . If the MAI drops consistently or falls into the Buyer ’ s
|
3Median
Rent
48
|
4 |
3 |
$ 9,995
77
|
|
zone , watch for downward pressure on prices .
$ 2,422,500
1,451
0 - 4,500 sqft
|
3 |
Market Action
2
67
|
4 |
2 |
34
52
|
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