Is Laguna Niguel, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laguna Niguel is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Laguna Niguel has remained a Seller's Market.

Key Takeaway

Laguna Niguel is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Laguna Niguel, CA

How much do homes in Laguna Niguel, CA cost?

Median Sold Price

$1,350,000

$735/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$144,740(+12.0%)

Key Takeaway

Homes in Laguna Niguel have sold for 12% more than they did a year ago.

Summary: The median home sold price in Laguna Niguel was $1,350,000 in November 2024, up 12% from last year, and the median price per square foot was $735.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $505K$505K
0.0%
2 $720K$780K
+8.3%
3 $1.1M$1.2M
+8.3%
4 $1.6M$1.9M
+13.3%
5+ $2.2M$2.3M
+3.4%

Summary: Laguna Niguel housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 3.4%.

Median Sold Price Compared To Nearby Cities

Laguna Niguel
+12.0%
South Coast
+11.4%
Aliso Viejo
+8.8%
San Juan Capistrano
+6.1%
Dana Point
+5.6%

Housing Supply in Laguna Niguel, CA

How many homes are available in Laguna Niguel, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
214199-7.0%

Summary: The Laguna Niguel real estate market had 199 homes for sale in November 2024, a 7.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2017
-15.0%
2 5248
-7.7%
3 5749
-14.0%
4 5254
+3.8%
5+ 3331
-6.1%

Summary: The Laguna Niguel housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 14%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 6.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5043-14.0%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laguna Niguel, you may be able to get a good deal. 55.8% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in Laguna Niguel in November 2024, down by 14.0% month-over-month. Of the 43 sold homes, 56% were sold under asking, 21% were sold at asking, and 23% were sold over asking.

Days on Market for Laguna Niguel, CA

How long does it take to sell a home in Laguna Niguel, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days43 Days+46.1%

Summary: Homes in Laguna Niguel had an average of 43 days on market in Nov 2024, up by 46.1% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Laguna Niguel are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 43 homes were sold in Laguna Niguel; 56% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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