As we head into February 2019, the Laguna Beach property market is moving into a balanced market, after being in a slight buyer’s market at the end of 2018.
Days On Market
The expected time on market for Laguna Beach homes has now decreased by 27.9% from 183 days last month to 132 days in Jan 2019.
Selling Price Per Sq Ft
The selling price per sq ft of Laguna Beach homes increased by 17.9% from $974 in Jan 2018 to $1,148 in Jan 2019.
Home SALE price versus LISTING price
Laguna Beach homes were selling for an average of 86.8% of their listing price in Jan 2019. This is down from an average of 92.8% in Jan 2018, but is an increase over Dec 2018 when homes were selling at 85.2% of their list price.
The number of active listings in Laguna Beach has increased by 26.6% from 207 listings in Jan 2018 to 262 listings in Jan 2019.
Average SALE Price
The average sale price of homes in Laguna Beach reached $3,164,205 in Jan 2019; a significant increase over the average sale price of $2,489,000 of Jan 2018.
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