Is Laguna Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laguna Beach is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Laguna Beach was a Neutral Market.

Key Takeaway

Laguna Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Laguna Beach, FL

How much do homes in Laguna Beach, FL cost?

Median Sold Price

$542,500

$441/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$7,500(-1.4%)

Key Takeaway

Homes in Laguna Beach have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in Laguna Beach was $542,500 in October 2024, down 1.4% from last year, and the median price per square foot was $441.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $459.5K$370K
-19.5%
2 $458K$480K
+4.8%
3 $555K$684.5K
+23.3%
4 $1.0M$790K
-22.5%
5+ $1.7M$2.1M
+22.1%

Summary: Laguna Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.5%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 23.3%, 4 bedroom homes decreased by 22.5%, and 5+ bedroom homes increased by 22.1%.

Median Sold Price Compared To Nearby Neighborhoods

Laguna Beach
-1.4%
Laguna Beach Estates
-14.4%

Housing Supply in Laguna Beach, FL

How many homes are available in Laguna Beach, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5559+7.3%

Summary: The Laguna Beach real estate market had 59 homes for sale in October 2024, a 7.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1211
-8.3%
3 911
+22.2%
4 1011
+10.0%
5+ 2426
+8.3%

Summary: The Laguna Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laguna Beach, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Laguna Beach in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Laguna Beach, FL

How long does it take to sell a home in Laguna Beach, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days42 Days+21.9%

Summary: Homes in Laguna Beach had an average of 42 days on market in Oct 2024, up by 21.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Avg time on Rocket Homes in Laguna Beach has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Laguna Beach; 33% of homes were sold within 30 days, 67% 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 18 Days Ago

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