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 November 2023

Since last year, Laguna Beach has remained a Buyer's 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

$491,250

$437/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$63,749(-11.5%)

Key Takeaway

Homes in Laguna Beach have sold for 11.5% less than they did a year ago.

Summary: The median home sold price in Laguna Beach was $491,250 in November 2024, down 11.5% from last year, and the median price per square foot was $437.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $459.5K$370K
-19.5%
2 $458K$480K
+4.8%
3 $603.8K$615K
+1.9%
4 $1.0M$398K
-61.0%
5+ $1.7M$1.7M
+0.6%

Summary: Laguna Beach housing prices by bedroom type for November 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 1.9%, 4 bedroom homes decreased by 61%, and 5+ bedroom homes increased by 0.6%.

Housing Supply in Laguna Beach, FL

How many homes are available in Laguna Beach, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
57570.0%

Summary: The Laguna Beach real estate market had 57 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 98
-11.1%
3 1010
0.0%
4 1111
0.0%
5+ 2728
+3.7%

Summary: The Laguna Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 3.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laguna Beach, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Laguna Beach in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 80% 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

Nov 2023Nov 2024CHANGE
138 Days26 Days-80.6%

Summary: Homes in Laguna Beach had an average of 26 days on market in Nov 2024, down by 80.6% compared to last year.

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 Beach are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Laguna Beach; 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 21 Days Ago

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