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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Laguna Beach. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 949-636-4235
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| Average Home Price | $600,000 - View Graph Trend |
| Average Price Compared to Last Year | No Change |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $800,000 - $849,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 85-90% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | No Change |
| Buyers’ or Sellers’ Market | Equal buyers and sellers |
| Buyer Activity for the past 90 days in Laguna Beach is | Increasing |
| Seller Activity for the past 90 days in Laguna Beach is? | Increasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | This is usually Short Sales or Bnk Owned properties. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 10-15% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Laguna Beach! |
| Nearest Metro Area | Orange County |
| Housing Hot Spots | Most cities within the Orange County area are considered ’Housing Hotspots’ Dana Point, San Clemente, Newport Beach |
| Average Sold Price | $600,000 - View Graph Trend |
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Geri Boyer
RE/MAX
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