LBindy_12.8.23 | Page 7

MARKET ACTIVITY LAGUNA BEACH | DECEMBER 2023
lagunabeachindy . com DECEMBER 8 , 2023 7

BOB CHAPMAN WHEN EXPERIENCE MATTERS ... NOW MORE THAN EVER !

MARKET ACTIVITY LAGUNA BEACH | DECEMBER 2023

HOLIDAY SEASON IS HERE , MORTGAGE RATES TOPPED OUT ? WHAT ’ S NEXT ? 2022 MEDIAN AND AVERAGE PRICE INCREASES SOARED - UNTIL NOW
2023 [ 1 / 01 / 2023 - 11 / 30 / 2023 ] CLOSED SALES ( 239 ) ↓ DOWN -22 % OVER 2022 ( 310 )
MEDIAN AND AVERAGE PRICE INCREASES SOFTENING : ↓ DOWN 5 % - 11 % FROM 2022 , BUT STILL ↑ UP 4 % - 57 % OVER EACH OF THE PREVIOUS 5 YEARS .
MEDIAN $ RATE
AVERAGE $ RATE
2023 MEDIAN PRICE IS

$ 2,830,000
2022
$ 3,000,000
-5%
2021
$ 2,670,000
+ 5 %
2020
$ 2,000,000
+ 41 %
2019
$ 1,900,000
+ 48 %
2023 AVERAGE PRICE IS

$ 3,662,711
2022
$ 4,137,885
-11%
2021
$ 3,497,338
+ 4 %
2020
$ 2,724,349
+ 34 %
2019
$ 2,672,437
+ 37 %
VERSUS
2018
$ 1,842,000
+ 53 %
2017
$ 1,800,000
+ 57 %
VERSUS
2018
$ 3,121,740
+ 17 %
2017
$ 2,436,005
+ 50 %
ACTIVE INVENTORY IS STILL AT HISTORIC LOW LEVELS , BUT INCREASING
THE MARKET IS STILL RECALIBRATING LAGUNA BEACH 2022 & 2023 MONTHLY CLOSED SALES YEAR OVER YEAR BEGINNNG TO INCREASE
MONTH # OF SALES MONTH # OF SALES % CHANGE MONTH # OF SALES MONTH # OF SALES % CHANGE
Jun-23
18
vs
Jun-22
23
-21%
Jul-23
20
vs
Jul-22
14
+ 42 %
Aug-23
25
vs
Aug-22
41
-39%
Sep-23
28
vs
Sep-22
20
+ 40 %
Oct-23
17
vs
Oct-22
19
-10%
Nov-23
23
Nov-22
16
+ 43 %
Nov-23 23
vs
Nov-22
16
+ 43 %
vs
Nov-21
43
-46%
vs
Nov-20
43
-46%
vs
Nov-19
23
0 %
vs
Nov-18
25
-1%
vs
Nov-17
34
-32%
LAGUNA BEACH | CLOSED MLS SALES NOVEMBER : 11 / 1 / 2023 - 11 / 30 / 2023
ADDRESS
BED | BATH
LOT SIZE
PRICE
SOLD DATE
1475 Coral Drive
3 | 2
11,250
$ 2,905,000
11 / 30 / 2023
30832 Marilyn Drive
4 | 3
10,666
$ 4,085,000
11 / 30 / 2023
1480 Bluebird Canyon Dr
2 | 1
4,464
$ 1,400,000
11 / 29 / 2023
387 Oak Street
4 | 4
3,000
$ 2,250,000
11 / 28 / 2023
21702 Ocean Vista Dr # G
2 | 1
$ 1,135,000
11 / 27 / 2023
1784 Del Mar Avenue
3 | 2
2,375
$ 1,400,000
11 / 21 / 2023
146 Crescent Bay Drive
2 | 2
4,000
$ 3,022,500
11 / 20 / 2023
460 Holly Street
4 | 6
6,125
$ 6,220,000
11 / 20 / 2023
31631 Jewel Avenue
3 | 2
2,100
$ 1,400,000
11 / 16 / 2023
461 Shadow Lane
3 | 3
7,154
$ 3,500,000
11 / 15 / 2023
1930 Catalina Street
3 | 3
7,500
$ 4,650,000
11 / 15 / 2023
385 Hawthorne Road
2 | 1
6,125
$ 1,950,000
11 / 15 / 2023
ADDRESS
BED | BATH
LOT SIZE
PRICE
SOLD DATE
30812 Driftwood Drive
3 | 3
8,190
$ 3,900,000
11 / 15 / 2023
367 Cypress Drive # B
2 | 2
$ 2,750,000
11 / 14 / 2023
394 Pinecrest Drive
1 | 1
6,000
$ 3,160,000
11 / 10 / 2023
811 Coast View Drive
3 | 3
4,725
$ 4,772,910
11 / 9 / 2023
676 Vista Lane
5 | 7
7,650
$ 6,350,000
11 / 9 / 2023
478 Holly Street
2 | 1
6,125
$ 2,850,000
11 / 9 / 2023
2918 Alta Laguna Blvd
5 | 2
10,220
$ 2,592,500
11 / 8 / 2023
21722 Ocean Vista Dr # F
2 | 1
$ 1,057,000
11 / 8 / 2023
2020 Ocean Way
4 | 4
4,250
$ 8,150,000
11 / 7 / 2023
394 Aster Street
6 | 4
6,098
$ 3,500,000
11 / 3 / 2023
2626 Glenneyre Street
3 | 5
5,400
$ 4,200,000
11 / 2 / 2023
Individual and Personal Attention from Listing to Closing , Selling or Buying
Based on information from California Regional Multiple Listing Service , Inc . as of 12 / 07 / 2023 and / or other sources . All data , including all measurements and calculations of area , is obtained from various sources and has not been , and will not be , verified by broker or MLS . All information should be independently reviewed and verified for accuracy . Properties may or may not be listed by the office / agent presenting the information . If your property is currently listed for sale , this is not intended as a solicitation of that listing .
BOB CHAPMAN
949 541 1223 bobchapman @ coastlaguna . com DRE No . 00714528