Laguna Beach Real Estate February 2016 Sales Report (Word)

March 15, 2016

Laguna Beach Real Estate

February 2016 Sales Report

Prepared March, 2016 by Boyd Roberts

 

 

 

ACTIVEs

 

Total                                                                                        199 Listings

Median Price                                                                           $2,690,000

Median CDOM                                                                       89 Days

Median Price per Square Foot                                                            $1,158

 

PENDINGs/BACKUPSs (P/B)

 

            Total                                                                                        48 Listings

            Median Price                                                                           $1,845,000

            Median CDOM                                                                       129 Days

            Median Price per Square Foot                                                            $1,070

 

SOLDs (February 2016)      

 

            Total                                                                                        17 Closings

            Total Requiring a Price Reduction                                         14 Closings

            % of Closings at a Reduced Price                                           82%

            Median Price                                                                           $2,100,000

            Median CDOM                                                                       152 Days

            Median Price per Square Foot                                                            $936

           

Total Supply of Actives at this Rate of Sales                                     11.7 Months                           

Difference Between Active Median Price and P/B Median Price      $845,000        

Difference Between Active Median Price and Sold Median Price    $590,000        

Difference Between P/B Median Price and Sold Median Price         $255,000

 

SOLDs (Most Recent 3 Full Months:  12/1/2015 – 2/29/2016)     

 

            Total                                                                                        77 Closings

            Total Requiring a Price Reduction                                         60 Closings

            Median Price                                                                           $1,860,000

            Median CDOM                                                                       143 Days

            Median Price per Square Foot                                                            $936

            Total Supply of Actives at this Rate of Sales                         8 Months

 

 

 

 

More Median Price History (Full Calendar Months)

 

            Month/Year         Median Price                    # of Sales                 # of Sales @ a           % of Sales @ a        

Reduced Price         Reduced Price        

Last 6 Full Months      $1,825,000                  160

  (9/1/2015-2/28/2016)

Last 12 Full Months    $1,700,000                  381

  (3/1/2015-2/28/2016)

 

More Median Price History (Full Calendar Years)

 

            2000                $   665,000                  562

            2001                $   775,000                  437

            2002                $   785,000                  527

            2003                $   971,000                  542

            2004                $1,275,000                  514

            2005                $1,505,000                  428

            2006                $1,625,000                  322

            2007                $1,629,000                  281

            2008                $1, 535,000                  204

            2009                $1, 185,000                  274

            2010                $1, 200,000                  334

            2011                $1, 100,000                  329

            2012                $1,250,000                  435

            2013                $1,525,000                  422

            2014                $1,785,000                  411

            2015                $1,700,000                  384                  320

 

 

Boyd Roberts is solely responsible for all content/statements/opinions/and conclusions.  He is a licensed broker, CA BRE #01354788, and is not a professional statistician or an economist.  All data has been taken from sources deemed reliable, but is not guaranteed and may be subject to compilation errors, data source errors, and statistically invalid data sample sizes.  All statistics/statements/opinions are not guaranteed, nor are they a forecast of higher or lower prices. 

 

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.  Information from sources other than the Listing Agent may have been included in the MLS data.  Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

Pending/Backup prices are not necessarily the contract price, likely, they are the last active price before going into contract.  All days on market statistics are Combined Days On Market (CDOM).  CDOM is calculated by combining the active Days On Market (DOM) of listings separated by 90 days or less.

 

 

Boyd Roberts             949-463-9152              Boyd.GalleryRE@gmail.com

 

Copyright 2016.  All Rights Reserved.  BRE #01354788

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