The median list price in Laguna Beach for the week of April 21 is $2,792,000
Inventory is up and the Market Action Index is trending downward. Days-on-market also is trending lower. Overall conditions are weakening some.
Supply and Demand
The Market Action Index has been trending lower while prices have remained relatively stable. If inventory continue to grow, we may see downward pressure on pricing.
Price
We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
