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Laguna Beach Real Estate July 2016 Sales Report (Word)

Laguna Beach Real Estate

July 2016 Sales Report

Boyd Roberts

Gallery Real Estate

ACTIVEs (As of August 1, 2016)

Total 275 Listings

Median Price $ 2,750,000

Median CDOM 99 Days

Median Price per Square Foot $ 1,096

PENDINGs/BACKUPSs (P/B) (As of August 3, 2016)

Total 48 Listings

Median Price $1,895,000

Median CDOM 83 Days

Median Price per Square Foot $1,041

SOLDs (July, 2016)

Total 42 Closings

Total Requiring a Price Reduction 38 Closings

% of Closings at a Reduced Price 90%

Average Price Reduction $168,755

Average Price Reduction as a % 5.58%

Median Price $1,762,150

Median CDOM 93 Days

Median Price per Square Foot $1,019

Total Supply of Actives at this Rate of Sales 6.69 Months

Difference Between Active Median Price and P/B Median Price +$855,000

Difference Between Active Median Price and Sold Median Price +$987,850

Difference Between P/B Median Price and Sold Median Price +$132,850

More SOLDs (Most Recent 3 Full Months: (5/1/2016 – 7/31/2016)

Total 111 Closings

Total Requiring a Price Reduction 92 Closings

Median Price $1,750,000

Median CDOM 98 Days

Median Price per Square Foot $1,003

Total Supply of Actives at this Rate of Sales 7.59 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 $1,799,000 198

(2/1/2016 – 7/31/2016)

Last 12 Full Months $1,787,200 367

(8/1/2015 – 7/31/2016)

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%

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.: August 1, 2016 (active data) and August 3, 2016 (all other data). 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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