The median list price in Laguna Beach this week is $2,495,000.
Even though days on market are trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook for the market.
Supply and Demand
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
In Laguna Beach, this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.