Monday, May 17, 2010

Laguna Beach Homebuying up 129% over year

Laguna Beach homebuying up 129% over year


For the 22 business days ending April 27 – DataQuick’s freshest stats — Laguna Beach homebuying patterns showed:

Homebuying +129% vs. a year ago.

Laguna Beach’s median selling price was $1,162,500 – that’s +167% vs. countywide pricing.

A year ago, that Laguna Beach home-price “premium” was 141% vs. the countywide median selling price.

For a detailed report on countywide price moves,call Gil Thibault at 949-275-5900

Here’s a look at how Laguna Beach compares to all Orange County beach town trends and countywide totals for homebuying and median selling prices:

Town Median price Year’s chg. Sales Year’s chg.

Laguna Beach $1,162,500 +28.5% 32 +128.6%

All beach towns $688,750 +12.2% 433 +22.7%

Total O.C. $435,000 +16.0% 2,564 +5.7%

Source: Kelli Hart, OC Register, May, 2010

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