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 $ 4,800,000 with the market action index hovering around 30 . This is about the same as last month ' s market action index of 30 . Inventory has decreased to 129 .
Market Action Index
This answers “ How ’ s the Market ?” by comparing rate of sales versus inventory .
Buyer ' s Market
10
20
30
40
50
60
Last Month
70
Today
80
90
Seller ' s Market
Real-Time Market Profile Median List Price $ 4,800,000
Median Price of New Listings
$ 3,295,000
Per Square Foot $ 1,974
Average Days on Market
142
Median Days on Market 70 Price Decreased 39 %
0
30 Slight Seller ' s Advantage
100
Price Increased 2 % Relisted 9 %
The market has shown some evidence of slowing recently . Both prices and inventory levels are relatively unchanged in recent weeks . Watch the Market Action Index for changes as it can be a leading indicator for price changes .
Inventory 129 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 $ 6,495,000 with the market action index hovering around 34 . This is about the same as 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 |
109 |
|
Market
Market Segments
|
Market |
Market |
|
|
Median Days on Market
Each segment below represents approximately 25 % of the market ordered by price .
|
77 |
Price Decreased |
38 % |
Median Price |
Sq . Ft . |
Lot Size |
Beds |
Bath
Age
Price Increased
|
New |
Absorbed |
DOM
5 %
|
10
0
20
$ 14,350,000 4,192 8,000 - 10,000 sqft 4 5 63 1 1 101 Slight Seller ' s Advantage
Relisted 8 %
|
The
$ 6,122,500 market has not shown
3,414 strong directional
6,500 - 8,000 trends sqft in terms of supply
4
|
4Inventory45 |
0 |
4 |
142
73
|
|
and demand . However , inventory is sufficiently low to keep us in the
$ 3,995,000
2,366
4,500 - 6,500 sqft
3
Seller ’ s Market zone and prices have been moving upward as evidence .
|
3Median
Rent
63
|
2 |
2 |
$ 9,900
84
|
$ 2,495,000 |
1,416 |
0 - 4,500 sqft |
3 |
Market Action
2
73
|
3 |
2 |
34
56
|
Median List Price
30
40
50
60
Last Month
34
70
Today
80
90
100
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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$ 2.0M Dec 2019
Market Segments
Mon Jul 29 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 $ 6,495,000
Median Price of New Listings
$ 5,900,000
Per Square Foot $ 1,854
Jul 2022 90-Day Average
Slight Seller ' s Advantage
1 of 1
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