Each segment below represents approximately 25 % of the market ordered by price .
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 $ 4,700,000 with the market action index hovering around 28 . This is less than last month ' s market action index of 29 . Inventory has increased to 139 .
Market Action Index
This answers “ How ’ s the Market ?” by comparing rate of sales versus inventory .
Real-Time Market Profile Median List Price $ 4,700,000
Median Price of New Listings
$ 2,995,000
Buyer ' s Market |
20 |
30 |
40 |
50 |
60
Last Month
|
70 |
80 |
Seller ' s Market |
Per Square Foot $ 1,883
Average Days on Market
133
|
10
Today
90
Median Days on Market 70
0
28 Slight Buyer ' s Advantage
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable . If inventory continues to grow relative to demand however , it is likely that we will see downward pressure on pricing .
100
Price Decreased |
42 % |
Price Increased |
1 % |
Relisted |
14 % |
Inventory |
139 |
Median Rent |
$ 12,000 |
Market Action |
28 |
Slight Buyer ' s Advantage
First American Title
NEWPORT BEACH | SINGLE FAMILY HOMES
Single-Family Homes
This week the median list price for Newport Beach , CA is $ 6,497,500 with the market action index hovering around 35 . This is an increase over last month ' s market action index of 34 . Inventory has decreased to 142 .
Market Action Index
This answers “ How ’ s the Market ?” by comparing rate of sales versus inventory .
Buyer ' s |
Seller ' s |
Average Days on |
94 |
|
Market
Market Segments
|
Market |
Market |
|
|
Median Days on Market
Each segment below represents approximately 25 % of the market ordered by price .
|
63 |
Price Decreased |
34 % |
Median Price |
Sq . Ft . |
Lot Size |
Beds |
Bath
Age
Price Increased
|
New |
Absorbed |
DOM
3 %
|
10
0
20
30
40
50
60
Last Month
35
70
Today
80
90
100
$ 14,350,000 4,536 8,000 - 10,000 sqft 4 5 20 1 2 77 Slight Seller ' s Advantage
Relisted 12 %
|
While
$ 5,995,000 the Market Action
3,386 Index shows
6,500 some - strengthening 8,000 sqft in the 4last
|
4Inventory13 |
1 |
2 |
142
84
|
|
few weeks , prices have settled in a bit of a plateau . We are currently in
$ 3,995,000
2,354
4,500 - 6,500 sqft
3 a Seller ’ s market so prices will likely resume their climb should this
|
3Median
Rent
17
|
2 |
2 |
$ 11,000
77
|
|
trend persist .
$ 2,495,000
|
1,475 |
0 - 4,500 sqft |
3 |
Market Action
2
15
|
5 |
5 |
35
63
|
Median List Price
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Market Segments
Tue Aug 13 2024
OVER $ 1 BILLION IN LOCAL CAREER SALES # 2 TEAM IN ORANGE COUNTY *
Aug 2020
LIVELREALESTATE . COM MEITAL TAUB | 949.922.9552 REALTOR ® | DRE # 01871040 Feb 2021 Aug 2021 Feb 2022
* medium teams by sales volume . as recognized by Real Trends , 2024 .
7-Day Average
Real-Time Market Profile Median List Price $ 6,497,500
Median Price of New Listings
$ 5,697,500
Per Square Foot $ 1,834
Aug 2022 90-Day Average
Slight Seller ' s Advantage
1 of 1
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