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2/05/2015

Laguna Niguel Home Market


  • Median List Price
    $749,000
    1% ( $10,000) vs Nov 2013
  • Median Sales Price
    $710,000
    3% ( $22,000) vs Nov 2013
  • Median Foreclosure Sales Price
    $595,000
    5% ( $28,500) vs Nov 2013
  • Foreclosures158
    Homes for Sale 373
    Recently Sold 514

Market Summary Foreclosures for Laguna Niguel

 California

There are currently 158 properties in 92677 that are in some stage of foreclosure 
(default, auction or bank owned) while the number of homes listed for sale is 373.

In December 2014, the number of properties that received a foreclosure filing in 92677 was 31% higher than the previous month and 40% higher than the same time last year.

Home sales for November 2014 were down 61% compared with the previous month, and down 47% compared with a year ago. 
Median sales price of a non-distressed home was $710,000. The median sales price of a foreclosure home was $595,000, or 16% lower than non-distressed home sales.

Numbers of new listings for non foreclosures greatly slowed in December and January with buyers still looking for product, but little on the market. This is typical from Christmas until the Superbowl but we should be seeing increasing new listings in Laguna Niguel, Laguna Beach, Dana Point and the surrounds - but not yet...

Sales Prices - 92677

Mortgage RATES hit historic lows
With rates in the high 3's we should
see the market increase in the spring
I expect the values to increase, sellers
again listing houses high but buyers
getting in where they can

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