Laguna Beach real estate market update

Posted Feb 25, 2008 @ 8:31 pm, Viewed by 725 Visitors, Read 758 Times.

Laguna Beach is considered one of the most desirable beach front communities on the South Orange County, California coastal "Riviera Gold Coast" area, this is the place many desire to live. Art galleries, trendy up scale restaurants, fabulous art galleries and boutique shops are just a few of the reasons that make this an international destination and second homes to many wealthy investors.  

What's the latest in the Laguna Beach real estate market? Let take a look at why Laguna Beach is considered by many as an exclusive, luxury community with the average sales price of $3,235,216 in January 2008.

New listings in Laguna Beach increased by 33 percent comparing January 2008 to January 2007 and the number of homes that sold decreased by 31 percent. Market times increased 53 percent and the average sales price increased 51 percent to $3,235,216.

Laguna
Beach

New
Listings

Sold
Listings

Average
Sales Price

Average
DOM

January 2008

77

11

$3,235,216

161

January 2007

58

16

$2,136,750

105


 Information deemed reliable, but not guaranteed. Stats compiled from SoCal MLS.

 
If you are interested in more detailed information and a "Live-Time" up to date MLS Market Trend report for homes in Laguna Beach, you can visit Laguna Beach Market Snapshot.

Expect to spend upwards of $1,00,000 for an entry level home with no ocean view. You can start your search and view homes for sale by visiting Laguna Beach Real Estate.

For more information or to view homes, contact The Hartanov Team. professional and experienced Laguna Beach realtors.

 

 

The Hartanov Team, highly experienced professionals who are proficient with technology and committed to meeting your needs, offer one of the most extensive and best on-line guides for Orange County Real Estate as well as the most visited local site for San Clemente Real Estate and the surrounding beach cities coastal communities. They specialize in offering a new level of service in helping people buy and/or sell Orange County area homes, condos, Short Sales, REO Bank Owned and investment properties and 1031 exchanges.

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