Real Estate News About The South Orange County Coastal Communities of Laguna Beach, Dana Point, San Clemente, Newport Beach, Corona del Mar, Newport Coast.
Inventory levels have been holding with sales movement continuing. Thank you for reading as always! Please reach out with any questions or real estate needs.
- Amanda, Pamela & Jace -
Source, Keeping Current Matters - August 5, 2022
The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022:
Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home sales will be more in line with pre-pandemic years.
JUST SOLD
802 Rembrandt Laguna Beach Spanish Hacienda remodeled estate Sold for $5,600,000 Represented Seller In escrow within one week on market Closed in August
520 Acacia Ave Corona Del Mar Newer construction in the heart of the Village Sold for $4,775,000 Secured for our clients despite multiple offers! Represented Buyer Closed in July
31211 Holly Drive Laguna Beach Panoramic ocean views in Coast Royal Sold for $3,600,000 Represented Seller & Buyer Closed in July
IN ESCROW
3089 Bern Drive Laguna Beach 4 bedroom pool home on 30,000sf private lot Representing Buyer
21892 Midcrest Lake Forest 4 bedroom remodeled pool & spa home Representing Buyer
MARKET STATISTICS
Laguna Beach - August 2022
Active - 99 (up 8% vs July) Pending - 35 (up 37% vs July) Sold in July - 14 (down 39% vs June) Under $1,000,000 - 1 $1,000,000 - $2,000,000 - 0 $2,000,000 - $3,000,000 - 6 $3,000,000 - $5,000,000 - 3 $5,000,000 - $10,000,000 - 3 $15,250,000 - 1 $15,500,000 - 1