Laguna Beach Real Estate May 2016 Sales Report (Word version)

June 8, 2016

Laguna Beach Real Estate

 

May 2016 Sales Report

 

Prepared June, 2016 by Boyd Roberts

 

 

 

ACTIVEs (As of June 1, 2016)

 

Total                                                                                                    249 Listings

Median Price                                                                                       $2,695,000

Median CDOM                                                                                   81 Days

Median Price per Square Foot                                                                        $1,140

 

PENDINGs/BACKUPSs (P/B) (As of June 5, 2016)

 

            Total                                                                                                    54 Listings

            Median Price                                                                                       $1,740,000

            Median CDOM                                                                                   94 Days

            Median Price per Square Foot                                                                        $1,016

 

SOLDs (May, 2016) 

 

            Total                                                                                                    37 Closings

            Total Requiring a Price Reduction                                                     31 Closings

            % of Closings at a Reduced Price                                                       83%

            Average Price Reduction                                                                    $109,094

            Average Price Reduction as a %                                                        2.8%

            Median Price                                                                                       $2,025,000

            Median CDOM                                                                                   89 Days

            Median Price per Square Foot                                                                        $1,051

 

Total Supply of Actives at this Rate of Sales                                                 6.72 Months

Difference Between Active Median Price and P/B Median Price                  $955,000

Difference Between Active Median Price and Sold Median Price                $670,000

Difference Between P/B Median Price and Sold Median Price                     $285,000

 

More SOLDs (Most Recent 3 Full Months:  (3/1/2016 – 5/31/2016)       

 

            Total                                                                                                    107 Closings

            Total Requiring a Price Reduction                                                     91 Closings

            Median Price                                                                                       $1,960,000

            Median CDOM                                                                                   125 Days

            Median Price per Square Foot                                                                        $1,019

            Total Supply of Actives at this Rate of Sales                                     6.98 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      $1,900,000                  184                                         

  (12/1/2015 – 5/31/2016)

Last 12 Full Months    $1,775,000                  365                                         

  (6/1/2015 – 5/31/2016)

 

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                  83%

 

 

 

Please reload

Our Recent Posts

December 2019 Laguna Beach Sales Report | 2019 in Review | 2020 Outlook

January 6, 2020

Laguna Beach Real Estate | A Broker's Take on December 2019, the Year 2019, and the 2020 Outlook

January 4, 2020

Laguna Beach Real Estate | A Broker's Take on December 2019, the Year 2019, and 2020 Outlook youtube video text

January 3, 2020

Laguna Beach real estate broker, Boyd Roberts, gives his take on the Laguna Beach real estate market.  This month’s text: 

“This is Boyd Roberts b...

1/1
Please reload

Tags

Please reload

©2020 Laguna Gallery Real Estate | California Broker's License 01354788