10 HOMEBUYING TRENDS IN AND AROUND LAGUNA BEACH
Source, OC Register, November 7, 2016
Here are highlights for Laguna Beach from CoreLogic's third-quarter homebuying report:
1. 112 homes sold in the period, flat vs. a year ago.
2. Countywide sales gain was 0.2 percent in the period.
3. Median selling price of $1.75 million vs. $1.63 million a year ago.
4. That's a gain of 7.7 percent vs. a gain of 4.9 percent countywide.
And here's some countywide third-quarter trends of note:
5. Orange County median price for the quarter was $643,000 -- up $30,000 in a year.
6. Local single-family home sales totaled 6,111 -- down 3.9 percent from a year ago. Median selling price was $705,000 -- up 3.7 percent from a year ago.
7. Resales of O.C. condos were 2,920 -- down 0.7 percent from a year ago. Median selling price was $450,000 -- up 5.4 percent from a year ago.
8. Builder sales in the county were 1,046 -- up 38 percent from a year ago. Median selling price was $820,000 -- down 0.6 percent from a year ago.
9. In Orange County's 27 least expensive ZIPs -- median sales price at $568,750 and below -- 2,754 homes sold. That's down 5.6 percent compared to a year ago.
10. In the 27 priciest ZIPs -- median sales price beginning at $705,000 -- 3,147 homes sold. That's up 8.9 percent compared to a year ago.
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