October 2019 Sales Data

Active Median (As of 11/1/2019)                                                  $ 2,995,000                 242 Listings...

 Laguna Beach Real Estate 

        October Closing Detail 

Address                     Date   Original Price   Closing Price  Reduction % Reduction $ Sq Ft DOM...

Laguna Beach View Preservation Ordinance

Passed in 2016 the Laguna Beach View Preservation Ordinance establishes homeowner view rights and allows owners to reestablish pre-existing views.  It, then, protects the re-established views, forever.

To prevail in a view restora...

My Take

Median sold prices declined $50,000 in October to an even $1,700,000.  The median price reduction was $180,000 or 9.6%.  Year to date, the sold median is well into record territory at $1,900,000. 

Quite notably – with 42 closings and 242 active listings...

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