Is Laguna Woods, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Laguna Woods has remained a Seller's Market.
Housing Prices in Laguna Woods, CA
How much do homes in Laguna Woods, CA cost?
Median Sold Price
$413,666
$379/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Laguna Woods was $413,666 in April 2024, up 8.9% from last year, and the median price per square foot was $379.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $236.7K | $238K | 0.5% |
2 Bedrooms | $385.2K | $416.7K | +8.2% |
3 Bedrooms | $850K | $850K | 0.0% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Laguna Woods housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes increased by 8.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Laguna Woods | $379.8K | $413.6K | +8.9% |
South Coast | $1.0M | $1.1M | +6.3% |
Aliso Viejo | $845K | $880K | +4.1% |
Laguna Beach | $2.8M | $2.9M | +3.6% |
Laguna Hills | $1.0M | $1.0M | +3.1% |
Housing Supply in Laguna Woods, CA
How many homes are available in Laguna Woods, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
240 | 235 | -2.1% |
Summary: The Laguna Woods real estate market had 235 homes for sale in April 2024, a 2.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 24 | 18 | -25.0% |
2 Bedrooms | 193 | 188 | -2.6% |
3 Bedrooms | 23 | 29 | +26.1% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Laguna Woods housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 26.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 66 | +10.0% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 66 homes were sold or pending in Laguna Woods in April 2024, up by 10.0% month-over-month. Of the 66 sold homes, 38% were sold under asking, 27% were sold at asking, and 35% were sold over asking.
Days on Market for Laguna Woods, CA
How long does it take to sell a home in Laguna Woods, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 27 Days | -22.2% |
Summary: Homes in Laguna Woods had an average of 27 days on market in Apr 2024, down by 22.2% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 66 homes were sold in Laguna Woods; 71% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.