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Laguna Beach Real Estate | March 2016 Sales Report raw data

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 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

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.

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