March 2016 Sales Report
Laguna Beach
Prepared April 1, 2016
ACTIVEs
Total 212 Listings (@ 9:00 AM 4/1/2016)
Median Price $2,695,000
Median CDOM 91 Days
Median Price per Square Foot $1,188
PENDING/BACKUPSs
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
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
SOLDs (Most Recent 3 Full Months: 12/1/2015 – 2/29/2016)
Total 77 Closings
Total Requiring a Price Reduction 60 Closings
Median CDOM 143 Days
Median Price per Square Foot $936
Total Supply of Actives at this Rate of Sales 8 Months
Median Price History
Year Median Price # of Sales # of Sales at a Reduced Price
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
More Median Price History
Last 3 Full Months $1,860,000 77 60
Last 6 Full Months $1,825,000 160
Last 12 Full Months $1,700,000 381
All data has been taken from sources deemed reliable, but not guaranteed. All statements/opinions are not a forecast of higher or lower prices. 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.