Laguna Beach Real Estate Videos and Reports 2016 to 2021

Recent 

Laguna Beach Real Estate Video | A Broker's Take on the August 2021 Laguna Beach Real Estate Market

Laguna Beach Real Estate Video | A Broker's Take on the July 2021 Laguna Beach Real Estate Market

Laguna Beach Real Estate Video | A Broker's Take on the June 2021 Laguna Beach Real Estate Market

August 2021 Laguna Beach Real Estate Magazine p1.png

Laguna Beach Real Estate Magazine Publisher, Boyd Roberts, August 2021:  LAGUNA TO RALLY THRU 2022                                                                                                                                                                                                                                                               The sold median was up $92,000 while the $ per square foot fell $101 in August.  The supply of homes remained tight at just      under 2 months.  The supply of homes below $1,500,000  imploded to  under a quarter of one month.   Charts pages 5, 6, and 9.

Listing Crisis.  As of September 1st, the number of active listings came in at just 111 – the lowest print in my 5+ years tracking  Laguna Beach real estate.  The average of the last 5 September 1st prints is 257 listings.  Three things.  There were 56 closings in Laguna in    August.  There are 56 deals        currently in escrow.  Active inventory is cyclical.  It always declines from September 1st to January 1st.  In the last 5 years the average    decline was 82 active listings.  Charts page 6.

Two predictions.  First, the monthly median sold price will rise in September.  With the active median at $4,395,000 and the August sold median at $2,592,000 – a difference of $1,803,000 - it is a near certainty that September will be up (no guarantees).  In fact, every time in the past that this difference has exceeded $1,400,000, Laguna has always been up that month.  Chart page 5.

Second, the yearly median sold price for 2022 will be higher than 2021.  Since 1999 every year with 350, or more, closings has been followed by an up year (except for 2015).  Year-to-date we have already had 400 closings, so 2022 should be up.  Again, no guarantees.  Chart page 5.

Call me to take advantage of this market.

July 2021 Laguna Beach Real Estate Magazine P1.png

Laguna Beach Real Estate Magazine Publisher, Boyd Roberts, July 2021: 

 

Historic Parabolic Move    

May 5, 2020, well into the shutdown, you heard it here first.  Reporting on what turned out to be the exact low (in my April 2020 Broker’s Take on the April 2020 market), this rapporteur said, “with the pending median $920,000 higher than April’s print prices should rally soon.”  Then 4 months later on September 17th I said, “if Laguna Beach real estate was a stock, I would say it is about to go parabolic.”

Evidenced by the 1-month, 3-month, 6-month, 12-month, and yearly price charts – starting on page 5 – that is exactly what happened. 

What now?  And is this parabolic move different?

I will never forget the 1989 spike and the subsequent crash the following year.  Classic manic buying was followed by a cacophony of economic dislocations the next year:  interest rates between 12 and 14%, the Savings and Loan Crisis, and a recession.  The market did not start going up again until 1997.

Then in 2007 – after appreciating two-fold - the mortgage market seized up and we had the sharpest economic implosion since the 1930s.  Not surprisingly, prices crashed again.

I am not saying this time is different, but the foundation of this 2021 market is solid:  we did just come out of a mini depression, the government is throwing trillions of dollars into the economy, mortgage underwriting is solid, and mortgage rates are well below 3%. 

No matter your outlook, call me for all your real estate needs.  Stay safe and have an excellent August.

June 2021 Laguna Beach Real Estate Magazine p 1.png

Laguna Beach Real Estate Magazine Publisher, Boyd Roberts, June 2021: 

 

Laguna Up $1.2M

Listings Plunge on Record Volume | Supply Implodes

Median Laguna Beach sold prices are up $521,000 year to date, $729,000 year over year, and $1,214,000 since the shutdown.  Chart page 6.

In terms of $ per square foot  (3-month) we are up 16% since December and 40% year over year.  Chart page 9.

The five-year median number of  active listings is 227.  Historically, the supply increases approximately 100 listings from January 1st into the summer months and declines 100 listings through the end of the year - except this last year.  We started 2021 with only 136 listings.  On July 1st when there are typically 250 to 300 active listings, we were at only 117 – a multiyear low.  Chart page 7.

The 5-year median number of monthly closings is 32.  June’s number was 64 closings, a multiyear high.  Chart page 8.

If you divide the July 1st number of active listings (117) by the June rate of sales (64) you can estimate the number of months (1.82) that it would take to sell all actively listed homes.  The 5-year median is 7.2 months.  Notice that the May 2020 supply was 13.2 months and has now collapsed by 86%.  How high does the price have to go before sellers list their home for sale?  Chart page 7. 

View Ordinance

Laguna Beach Real Estate Video | A Broker's Take on the Laguna Beach View Ordinance

Laguna Beach View Ordinance Special Report

$10,000,000+ Market

March 2016 to March 2019 

Laguna Beach Real Estate Video | A Broker's Take on  the March 2016 $10,000,000+ Market

Laguna Beach Real Estate Video | A Broker's Take on  the December 2017

 $10,000,000+ Market

Laguna Beach Real Estate Special Report on Laguna Beach's $10,000,000+ Market December 2017

Laguna Beach Real Estate Video | A Broker's Take on  the June 2018

 $10,000,000+ Market

Laguna Beach Real Estate Special Report on Laguna Beach's $10,000,000+ Market June 2018

Laguna Beach Real Estate Video | A Broker's Take on  the August 2018

 $10,000,000+ Market

Laguna Beach Real Estate Special Report on Laguna Beach's $10,000,000+ Market August 2018

Laguna Beach Real Estate Video | A Broker's Take on  the August 2018

 $5-10,000,000 Market

Laguna Beach Real Estate Special Report on Laguna Beach's $5-10,000,000 Market August 2018

Laguna Beach Real Estate Video | A Broker's Take on  the March 2019

 $10,000,000+ Market

Laguna Beach Real Estate Special Report on Laguna Beach's $10,000,000+ Market March 2019

Laguna Beach Real Estate Video | A Broker's Take on  the August 2020

 $10,000,000+ Market

August 2020 Laguna Beach Real Estate Mag

Laguna Beach Real Estate Video | A Broker's Take on  the September 2020

 $5-10,000,000 Market

September 2020 Laguna Beach Real Estate

Monthly Laguna Beach Real Estate Videos/Reports February 2016 to April 2020

2016

Laguna Beach Real Estate Video | A Broker's Take on  the February 2016  Market 

February 2016 Laguna Beach Real Estate Sales Report

Laguna Beach Real Estate Video | A Broker's Take on  the March 2016  Market 

Laguna Beach Real Estate Sales Report March 2016

Laguna Beach Real Estate Video | A Broker's Take on  the April 2016  Market 

Laguna Beach Real Estate Sales Report April 2016

Laguna Beach Real Estate Video | A Broker's Take on  the May 2016  Market 

Laguna Beach Real Estate Sales Report May 2016

Laguna Beach Real Estate Video | A Broker's Take on  the June 2016  Market 

Laguna Beach Real Estate Sales Report June 2016

Laguna Beach Real Estate Video | A Broker's Take on  the July 2016  Market 

Laguna Beach Real Estate Sales Report July 2016

Laguna Beach Real Estate Video | A Broker's Take on  the August 2016  Market 

Laguna Beach Real Estate Sales Report August 2016

Laguna Beach Real Estate Video | A Broker's Take on  the September 2016  Market 

Laguna Beach Real Estate Sales Report September 2016

Laguna Beach Real Estate Video | A Broker's Take on  the October 2016  Market 

Laguna Beach Real Estate Sales Report October 2016

Laguna Beach Real Estate Video | A Broker's Take on  the November 2016  Market 

Laguna Beach Real Estate Sales Report November 2016

Laguna Beach Real Estate Video | A Broker's Take on  the December 2016  Market 

2016 in Review | 2017 Outlook

Laguna Beach Real Estate Sales Report December 2016

2017

Laguna Beach Real Estate Video | A Broker's Take on  the January 2017  Market 

Laguna Beach Real Estate Sales Report January 2017

Laguna Beach Real Estate Video | A Broker's Take on  the February 2017  Market 

Laguna Beach Real Estate Sales Report February 2017

Laguna Beach Real Estate Video | A Broker's Take on  the March 2017  Market 

Laguna Beach Real Estate Sales Report March 2017

Laguna Beach Real Estate Video | A Broker's Take on  the April 2017  Market 

Laguna Beach Real Estate Sales Report April 2017

Laguna Beach Real Estate Video | A Broker's Take on  the May 2017  Market 

Laguna Beach Real Estate Sales Report May 2017

Laguna Beach Real Estate Video | A Broker's Take on  the June 2017  Market 

Laguna Beach Real Estate Sales Report June 2017

Laguna Beach Real Estate Video | A Broker's Take on  the July 2017  Market 

Laguna Beach Real Estate Sales Report July 2017

Laguna Beach Real Estate Video | A Broker's Take on  the August 2017  Market 

Laguna Beach Real Estate Sales Report August 2017

Laguna Beach Real Estate Video | A Broker's Take on  the September 2017  Market 

Laguna Beach Real Estate Sales Report September 2017

Laguna Beach Real Estate Video | A Broker's Take on  the October 2017  Market 

Laguna Beach Real Estate Sales Report October 2017

Laguna Beach Real Estate Video | A Broker's Take on  the November 2017  Market 

Laguna Beach Real Estate Sales Report November 2017

Laguna Beach Real Estate Video | A Broker's Take on  the December 2017  Market 

2017 in Review | 2018 Outlook

Laguna Beach Real Estate Sales Report December 2017

2018

Laguna Beach Real Estate Video | A Broker's Take on  the  January 2018  Market 

January 2018 Laguna Beach Real Estate Sales Report

Laguna Beach Real Estate Video | A Broker's Take on  the  February 2018  Market 

February 2018 Laguna Beach Real Estate Sales Report

Laguna Beach Real Estate Video | A Broker's Take on  the  March 2018  Market 

March 2018 Laguna Beach Real Estate Sales Report

Laguna Beach Real Estate Video | A Broker's Take on  the  April 2018  Market 

April 2018 Laguna Beach Real Estate Sales Report

Laguna Beach Real Estate Video | A Broker's Take on  the May 2018  Market 

May 2018 Laguna Beach Real Estate Sales Report

Laguna Beach Real Estate Video | A Broker's Take on  the June 2018  Market 

June 2018 Laguna Beach Real Estate Report

Laguna Beach Real Estate Video | A Broker's Take on  the July 2018  Market 

July 2018 Laguna Beach Real Estate Sales Report

Laguna Beach Real Estate Video | A Broker's Take on  the August 2018  Market 

August 2018 Laguna Beach Real Estate Report

Laguna Beach Real Estate Video | A Broker's Take on  the September 2018  Market 

September 2018 Laguna Beach Real Estate Report

Laguna Beach Real Estate Video | A Broker's Take on  the October 2018  Market 

October 2018 Laguna Beach Real Estate Sales Report

Laguna Beach Real Estate Video | A Broker's Take on  the November 2018  Market 

November 2018 Laguna Beach Real Estate Report

Laguna Beach Real Estate Video | A Broker's Take on  the December 2018  Market 

2018 in Review | 2019 Outlook

December 2018, 2018 in Review, 2019 Outlook Laguna Beach Real Estate Special Report

2019

Laguna Beach Real Estate Video | A Broker's Take on  the January 2019  Market 

Laguna Beach Real Estate Sales Report - January 2019

Laguna Beach Real Estate Video | A Broker's Take on  the May 2019  Market 

Laguna Beach Real Estate Sales Report - May 2019

Laguna Beach Real Estate Video | A Broker's Take on  the February 2019  Market 

Laguna Beach Real Estate Sales Report - February 2019

Laguna Beach Real Estate Video | A Broker's Take on  the June 2019  Market 

Laguna Beach Real Estate Sales Report - June 2019

Laguna Beach Real Estate Video | A Broker's Take on  the March 2019  Market 

March 2019 Laguna Beach Real Estate Sales Report

Laguna Beach Real Estate Video | A Broker's Take on  the July 2019  Market 

July 2019 Laguna Beach Real Estate Sales Report

Laguna Beach Real Estate Video | A Broker's Take on  the April 2019  Market 

Laguna Beach Real Estate Sales Report - April 2019

Laguna Beach Real Estate Video | A Broker's Take on  the August 2019  Market 

Laguna Beach Real Estate Sales Report - August 2019

Laguna Beach Real Estate Video | Laguna Beach View Ordinance  

Laguna Beach View Ordinance Special Report

Laguna Beach Real Estate Video | A Broker's Take on  the September 2019  Market 

Laguna Beach Real Estate Sales Report - September 2019

Laguna Beach Real Estate Video | A Broker's Take on  the October 2019  Market 

Laguna Beach Real Estate October 2019 Sales Report [Edition #52]

Laguna Beach Real Estate Video | A Broker's Take on  the  November 2019  Market 

Laguna Beach Real Estate November 2019 Sales Report [Edition #53]

Laguna Beach Real Estate Video | A Broker's Take on  the December 2019  Market 

2019 in Review | 2020 Outlook

Laguna Beach Real Estate   December 2019 Sales Report 2019 Review | 2020 Outlook  [Edition #54]

2020

Laguna Beach Real Estate Video | A Broker's Take on  the January 2020  Market 

January 2020 Laguna Beach Real Estate Sales Report Edition 55

Laguna Beach Real Estate Video | A Broker's Take on  the February 2020  Market 

February 2020 Laguna Beach Real Estate Sales Report Edition 56

Laguna Beach Real Estate Video | A Broker's Take on  the March 2020  Market 

March 2020 Laguna Beach Real Estate Magazine

Laguna Beach Real Estate Video | A Broker's Take on  the April 2020  Market 

Laguna Beach Real Estate Magazine April 2020

Laguna Beach Real Estate Video | A Broker's Take on  the May 2020  Market 

May 2020 Laguna Beach Real Estate Sales

Laguna Beach Real Estate Video | A Broker's Take on  the June 2020  Market 

June 2020 Laguna Beach Real Estate Sales

Laguna Beach Real Estate Video | A Broker's Take on  the July 2020  Market 

July 2020 Laguna Beach Real Estate Sales

Laguna Beach Real Estate Video | A Broker's Take on  the August 2020  Market 

August 2020 Laguna Beach Real Estate Mag

Laguna Beach Real Estate Video | A Broker's Take on  the September 2020  Market 

September 2020 Laguna Beach Real Estate

Laguna Beach Real Estate Video | A Broker's Take on  the October 2020  Market 

October 2020 Laguna Beach Real Estate Magazine

Laguna Beach Real Estate Video | A Broker's Take on  the November 2020  Market 

November 2020 Laguna Beach Real Estate Magazine

Laguna Beach Real Estate Video | A Broker's Take on  the December 2020  Market 

December 2020 Laguna Beach Real Estate Magazine

2021

Laguna Beach Real Estate Video | A Broker's Take on  the January 2021  Market 

January 2021 Laguna Beach Real Estate Ma

Laguna Beach Real Estate Video | A Broker's Take on  the February 2021  Market 

February 2021 Laguna Beach Real Estate M

Laguna Beach Real Estate Video | A Broker's Take on  the March 2021  Market 

March 2021 Laguna Beach Real Estate Maga

Laguna Beach Real Estate Video | A Broker's Take on  the April 2021  Market 

April 2021 Laguna Beach Real Estate Maga

Laguna Beach Real Estate Video | A Broker's Take on  the May 2021  Market 

May 2021 Laguna Beach Real Estate Magazine p1.png

Laguna Beach Real Estate Video | A Broker's Take on  the June 2021  Market 

June 2021 Laguna Beach Real Estate Magazine

Laguna Beach Real Estate Video | A Broker's Take on  the June 2021  Market 

July 2021 Laguna Beach Real Estate Magazine