The median list price in Laguna Beach this week is $2,485,000.
Demand measured by the Market Action Index is increasing and days-on-market is holding steady. With more properties coming available, conditions are mildly positive.
Supply and Demand
The market has settled in a relative stasis in inventory and sales conditions. It’s a Buyer’s market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.
Prices in this zip code have been on a downward trend recently. And this week, while essentially flat, doesn’t break us out of that cycle.