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| Play Golf with Some Interesting Visitors at the 83-Acre Ranch at Laguna Beach Golf Course and Inn |
HOME PRICES UP WITH FEWER SALES
In
Los Angeles and Orange County local house prices are up 40% from the May 2009 the
home-price bottom. But these numbers are still 18% below the September 2006
peak. SoCal is reliving an extended period of sales declines, BUT prices keep
going up. Home prices continued their two-year rise through May, but at a much
slower pace.
Higher End Market:
More homes are selling for $1 million plus, these sales are up by 11.5%.
Countries Buyers Come From To Buy U.S. Homes:
China
$22
billion 24% share
Canada
$13.8 billion
15% share
India
$5.8 Billion
6% share
United
Kingdom $4.5
billion
5% share
Where Do The Chinese Buy Homes:
SEPTEMBER 2014 SALES STATISTICS FOR LAGUNA BEACH
235 active listings
65 in escrow
32 closed sales from 9/01/14 - 9/30/14
32 Sales for September 2014:
3 sales under $1 million
13 sales $1-2 million
8 sales $2-3 million
1 sale $5,350,000
1 sale $8,750,000
1 sale $10,200,000
1 sale for $15,075,000
*CRMLS 9/30/14
------------------------------------------------------------------------------------------------
Costa Mesa - 92627 - 34 - $715,000 – minus 1.9%
Dana Point - 92629 - 268 - $961,000 – 9.9%
Laguna Beach - 92651 - 32 - $2,048,000 – 3.1%
Laguna Niguel - 92677 - 626 - $789,000 – .4%
Newport Beach - 92660 - 36 - $1,680,000 – 6.8%
Newport Beach – 92661 – 11 - $2,075,000 – 23.5%
Newport Beach – 92663 – 14 - $2,013,000 – 43.8%
Newport Coast – 92657 – 14 - $2,450,000 – 2.1%
San Clemente – 92672 – 28 - $770,000 – minus 6.7%
San Clemente – 92673 – 39 - $859,000 – minus 2.4%
**Laguna Beach median sale price $2M+ for the first time.
*Source DQNews/LATimes 9/28/14
California 35%
Washington 9%
New York 7%
Pennsylvania 6%
Texas 6%
-----------------------------------------------------------------------------------------------
SEPTEMBER 2014 SALES STATISTICS FOR LAGUNA BEACH
235 active listings
65 in escrow
32 closed sales from 9/01/14 - 9/30/14
32 Sales for September 2014:
3 sales under $1 million
13 sales $1-2 million
8 sales $2-3 million
1 sale $5,350,000
1 sale $8,750,000
1 sale $10,200,000
1 sale for $15,075,000
*CRMLS 9/30/14
COASTAL ZIP CODES BY MEDIAN SALES PRICE FOR AUGUST 2013 COMPARED TO AUGUST 2014
Balboa Island - 92662 - 1 - $2,330,000 – minus 72.2%
Capo Beach - 92624 - 4 - $715,000 – minus 39.9%
Corona del Mar - 92625 - 22 - $2,000,000 – minus 8.5%
Costa Mesa - 92626 - 30- $627,000 – 3%Balboa Island - 92662 - 1 - $2,330,000 – minus 72.2%
Capo Beach - 92624 - 4 - $715,000 – minus 39.9%
Corona del Mar - 92625 - 22 - $2,000,000 – minus 8.5%
Costa Mesa - 92627 - 34 - $715,000 – minus 1.9%
Dana Point - 92629 - 268 - $961,000 – 9.9%
Laguna Beach - 92651 - 32 - $2,048,000 – 3.1%
Laguna Niguel - 92677 - 626 - $789,000 – .4%
Newport Beach - 92660 - 36 - $1,680,000 – 6.8%
Newport Beach – 92661 – 11 - $2,075,000 – 23.5%
Newport Beach – 92663 – 14 - $2,013,000 – 43.8%
Newport Coast – 92657 – 14 - $2,450,000 – 2.1%
San Clemente – 92672 – 28 - $770,000 – minus 6.7%
San Clemente – 92673 – 39 - $859,000 – minus 2.4%
**Laguna Beach median sale price $2M+ for the first time.
