Real Estate News About The South Orange County Coastal Communities of Laguna Beach, Dana Point, San Clemente, Newport Beach, Corona del Mar, Newport Coast.
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What's Causing Today's Competitive Real Estate Market?
Source: Keeping Current Matters, October 2021
Today’s strong sellers’ market is the direct result of high demand and low supply.
Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in their homes longer have both led to today’s low supply.
If you’re thinking of selling, let’s connect to talk about our local area and how you can take advantage of today’s housing market.
JUST LISTED
1091 La Mirada Street Laguna Beach 3 bedrooms, 2,109sf ocean view home $2,179,000
2111 Vista Entrada Newport Beach 3 bedrooms, Bay Bay view, end unit home $1,499,000
JUST LISTED & IN ESCROW
Laguna Beach
450 Nyes Place Laguna Beach $2,399,000 Representing Seller Multiple Offers
IN ESCROW
Laguna Beach
1071 Oro Street Laguna Beach $1,799,000 Representing Seller Multiple Offers Closing Soon
MARKET STATISTICS
Laguna Beach - November 2021
Active - 90 Pending - 59 Sold in October- 38 Under $1,000,000 - 0 $1,000,000 - $2,000,000 - 8 $2,000,000 - $3,000,000 - 12 $3,000,000 - $5,000,000 - 12 $5,000,000 - $10,000,000 - 5 $10,000,000 or more - 1
