Is Laguna-Pine Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laguna-Pine Valley is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Laguna-Pine Valley was a Neutral Market.

Key Takeaway

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

Housing Prices in Laguna-Pine Valley, CA

How much do homes in Laguna-Pine Valley, CA cost?

Median Sold Price

$615,000

$313/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$132,625(-17.7%)

Key Takeaway

Homes in Laguna-Pine Valley have sold for 17.7% less than they did a month ago.

Summary: The median home sold price in Laguna-Pine Valley was $615,000 in December 2024, down 17.7% from last month, and the median price per square foot was $313.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $705K$512.5K
-27.3%
3 $790.2K$620K
-21.5%
4 --
N/A
5+ --
N/A

Summary: Laguna-Pine Valley housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.3%, 3 bedroom homes decreased by 21.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Laguna-Pine Valley, CA

How many homes are available in Laguna-Pine Valley, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2625-3.8%

Summary: The Laguna-Pine Valley real estate market had 25 homes for sale in December 2024, a 3.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 66
0.0%
3 1512
-20.0%
4 45
+25.0%
5+ 12
+100.0%

Summary: The Laguna-Pine Valley housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laguna-Pine Valley, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Laguna-Pine Valley in December 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for Laguna-Pine Valley, CA

How long does it take to sell a home in Laguna-Pine Valley, CA?

Average Sale Time

Nov 2024Dec 2024CHANGE
74 Days42 Days-43.5%

Summary: Homes in Laguna-Pine Valley had an average of 42 days on market in Dec 2024, down by 43.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 5 homes were sold in Laguna-Pine Valley; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

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