Laguna Beach Real Estate – Market Activity for Laguna Beach Home Sales are down slightly but real estate values hold strong. Average prices for homes in this seaside community (for the last quarter – March 14 through June 14) was $1,633,500. This represents an increase of 13.5%, or $194,500, compared to the prior quarter and an increase of 23.3% compared to the prior year. Sales prices have appreciated 59.4% over the last 5 years in this beach town.
The average listing price for Laguna Beach homes for sale was $4,305,089 for the week ending Jun 11, which represents an increase of 4.1%, or $169,929, compared to the prior week and an increase of 1.2%, or $52,096, compared to the week ending May 21. Laguna Beach real estate average price per square foot was $1,473, an increase of 23.5% compared to the same period last year.
According to Zillow, Laguna Beach Home prices are predicted to rise 5.8% within the next year. The median rent price in Laguna Beach is $4,650, which is higher than the Los Angeles Metro median of $2,070.
Provided by Laguna Coast Real Estate, Cynthia Ayers Blog. See more market trends for Laguna Beach, Newport Coast, Laguna Niguel, Dana Point and Monarch Beach by clicking this link.