Laguna Niguel Real Estate Report November 2012

Laguna Niguel Real Estate Report

South Orange County Real Estate

November 2012

Laguna Niguel Real Estate at a Glance: Prices continue to slowly tend upwards and volume remains strong as usual for Laguna Niguel. Active inventory is good for detached homes and a little low for attached homes heading into the holiday season.

South Orange County Real Estate General Economic Conditions: rates remain at historic lows increasing affordability, inventory is low throughout South Orange County Real Estate as general economic uncertainty has delayed many sellers from putting their homes on the market and volume has remained fairly consistent.

Detached Homes

Current Active Inventory 77

Current Average List Price $1,803,147

Behind the Numbers

Average volume past 3 months 55

Average sales price past 3 months  $765,858

Prices slowly tending upwards

Volume  staying fairly consistent

 

What this means for

Buyers – buyers have a lot of options with more homes currently on the market than typically sell a month. 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 Niguel home for you.

Sellers – pricing your Laguna Niguel detached home for sale correctly is essential in this market.  Pricing it to high and you can expect it to sit on the market for a while, getting stale in the eyes of potential buyers, pricing it to low and you leave money on the table. The upward trend is slow and steady so don’t expect to get a large increase over recent sales but you can expect to sell for the same or slightly more. For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

 

Attached Homes

Current Active Inventory 28

Current Average List Price $488,560

Behind the Numbers

Average volume past 3 months 43

Average sales price past 3 months  $367,577

Prices  slowly tending upwards

Volume  staying fairly consistent

 

 

What this means for

Buyers – attached Laguna Niguel homes for sale inventory is a little light but there are still good options out there.  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 that fits your criteria as soon as it hits the market.

Sellers – The inventory is light for the trending demand making this a good time to list your Laguna Niguel real estate. The upward trend in pricing is slow and steady so don’t expect to get a large increase over recent sales but you can expect to sell for the same or slightly more. 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 Laguna Niguel Real Estate, OC real estate
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