Laguna Market Review as of January 2015

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Laguna Market Review as of January 2015

 It’s still a seller’s market for homes less than $2m with less than 3 months on market.

Summary:

  • 26 Homes sold in January which vs. 16 last year
  • The median price of homes sold in Laguna Beach last year neared $1.8 million, exceeding the previous peak median price of $1.7 million achieved in 2006.
  • In a year-to-year comparison, the median sales price for single family homes in Laguna jumped 16 percent in 2014.
  • There are 180 homes on the market which is low. Very slight uptick of new homes on the market this year but spring time is right around the corner. Seems on comes on a one gets sold
  • The Montage recently sold to the owner of the Ritz-Carlton for a record $1.4m a room. I guess they believe in Laguna

ActiveSales2015 ClosedSales2015 PendingSales2015analysis2015 soldhomes2015


About Author

Sean McCracken

As the OC Realtor I’ll help you find your special OC Coastal home at that special price. With my hand holding, I’ll take you through the buying process for the minimal amount of pain - Call Me @ 949-290-5317

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