Laguna Beach, 10/26

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Median List Price

The median list price in LAGUNA BEACH this week is $2,495,000. The Market Action Index has been trending down lately, while inventory is climbing. These trends imply a weakening market.

Supply and Demand

The market has been consistently cool for several weeks. Demand is low relative to the available inventory. It’s a buyer’s market and prices continue to fall. Look for a persistent shift in the Market Action Index before prices plateau or begin to rise again.

Price    

This week, prices remained relatively flat. Keep