Laguna Beach Real Estate Report Feb 2013

Laguna Beach Real Estate Report

Laguna Beach Real Estate at a Glance:  Because of the wide range of prices in Laguna Beach real estate the data doesn’t paint the most usable picture but if you eliminate the months that are unusually high because of properties at the very highest point of the market selling you see a pretty stable pricing trend  moving upwards. In Laguna Beach the best homes, priced properly and marketed well sell quick, while others spend a lot of time on the market. Active inventory is extremely high relative to average number of monthly transactions.

South Orange County Real Estate General Economic Conditions: South Orange County Continues the trend of very low inventory creating short sales cycles for sellers. Today it is typical for a appropriately priced and well marketed home to be in escrow in a week. Prices continue to slowly move up as record low rates keep buyers demand high.

Detached Homes

Current Active Inventory 140

Behind the Numbers

Average volume past 3 months 28

Prices somewhat consistent in light of months of large upswings because of large range of sales prices

Volume  staying fairly consistent

laguna beach real estate volumeLaguna Beach Real Estate Prices

What this means for

Buyers – buyers have a lot of options with much more homes currently on the market than typically sell in a month. If you have been contemplating purchasing a Laguna Beach home now is a great time. To make sure you are seeing everything as soon as it hits the market we offer email listing alerts so you see exactly what’s on the market and find the best Laguna Beach home for you.

Sellers – pricing your Laguna Beach detached home for sale correctly is essential in this market.  Prices have stabilized and volume remains steady but the available inventory is very high. For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

 

 

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Posted in for buyers, for sellers, Laguna Beach Real Estate, OC real estate
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