Laguna Niguel Real Estate Report September 2013

Laguna Niguel Real Estate Report

South Orange County Real Estate

Laguna Niguel Real Estate at a Glance: Laguna Niguel had another stable month as summer comes to a close

South Orange County Real Estate General Economic Conditions: the market has slowed a bit as we move from a sellers market to a neutral market as summer comes to a close. A neutral market can be beneficial to both buyers and sellers depending on how they approach and structure their transaction.

Get the latest Orange County Real Estate report here

Detached Homes

Current Active Inventory 133

Behind the Numbers

Average volume past 3 months 55

Prices holding firm

Volume  slight drop

Months of Inventory slight rise

ln at price ln det vol ln det mo

What this means for

Buyers –The general market is becoming more neutral after spending the past few months as a sellers market. For buyers a bigger issue is rates, if they continue to rise as expected that will make a bigger impact on your payment than rising home prices so if your thinking about buying you may be better off doing so sooner rather than later. For an idea of the impact rate increasing may have on your monthly payment simply apply the same percentage rise we had the past couple times rates went up and apply that to current rates and see how different the payment is. 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 sellers market is becoming a neutral market but sellers can still benefit from the market if they are patient, market the property properly and remain flexible on terms and price. 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 83

Behind the Numbers

Average volume past 3 months 41

Prices large drop

Volume  large drop

Months of Inventory large rise

ln att mon ln att vol ln att price

What this means for

Buyers –you are racing rates and if your looking at entry level homes your also racing a lot of other buyers so act quick in this market. 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 –Laguna Niguel attached homes are feeling the new neutral market first. For sellers you must be patient and flexible on price and terms and your property must be properly marketed to stand out in the crowd.  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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