Laguna Beach Real Estate Report May 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:   More of the same as the single greatest issue right now in South Orange County is available inventory. Despite more homes coming on the market last month demand was there to meet them so inventory levels remain low for most of South Orange County.

Detached Homes

Current Active Inventory 176

Behind the Numbers

Prices trending upwards in an apple to apple comparison

Volume  starting to rise which should continue as we hit the prime selling season

Months of Inventory currently sitting at 6 making this a buyer leaning market. However the great diversity in Laguna Beach real estate means that for the best properties in a narrow search criteria buyers still have to move quickly

laguna beach real estate volume laguna beach homes for sale prices laguna beach real estate

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, preparing and marketing your Laguna Beach home for sale correctly is essential in this market.  Prices are trending upwards 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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