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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laguna Beach Estates is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Laguna Beach Estates was a Seller's Market.

Key Takeaway

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

Housing Prices in Laguna Beach Estates, FL

How much do homes in Laguna Beach Estates, FL cost?

Median Sold Price

$665,000

$437/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$112,250(-14.4%)

Key Takeaway

Homes in Laguna Beach Estates have sold for 14.4% less than they did a year ago.

Summary: The median home sold price in Laguna Beach Estates was $665,000 in October 2024, down 14.4% from last year, and the median price per square foot was $437.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $401.5K$480K
+19.6%
3 $635.5K$837.5K
+31.8%
4 $927.5K$952.5K
+2.7%
5+ $3.3M-
N/A

Summary: Laguna Beach Estates housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 31.8%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Laguna Beach
-1.4%
Laguna Beach Estates
-14.4%

Housing Supply in Laguna Beach Estates, FL

How many homes are available in Laguna Beach Estates, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2625-3.8%

Summary: The Laguna Beach Estates real estate market had 25 homes for sale in October 2024, a 3.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 67
+16.7%
4 44
0.0%
5+ 1010
0.0%

Summary: The Laguna Beach Estates 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 33.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 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 Estates, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Laguna Beach Estates in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Laguna Beach Estates, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days57 Days+107.3%

Summary: Homes in Laguna Beach Estates had an average of 57 days on market in Oct 2024, up by 107.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Estates has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Laguna Beach Estates; 0% of homes were sold within 30 days, 100% 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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