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

  • Boyd Roberts
  • Jun 8, 2016
  • 2 min read

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%

 
 
 

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