Is Laguna Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Laguna Hills has remained a Seller's Market.
Housing Prices in Laguna Hills, CA
How much do homes in Laguna Hills, CA cost?
Median Sold Price
$1,093,333
$606/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Laguna Hills was $1,093,333 in May 2024, up 0.9% from last year, and the median price per square foot was $606.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $499K | $505K | +1.2% |
2 Bedrooms | $600K | $627K | +4.5% |
3 Bedrooms | $862.5K | $877.5K | +1.7% |
4 Bedrooms | $1.4M | $1.3M | -8.7% |
5+ Bedrooms | $2.1M | $2.3M | +9.8% |
Summary: Laguna Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 9.8%.
Median Sold Price Compared To Nearby Cities
Mission Viejo | $975K | $1.0M | +12.8% |
Laguna Woods | $377.2K | $415.2K | +10.1% |
South Coast | $1.0M | $1.1M | +9.3% |
Aliso Viejo | $841.2K | $900K | +7.0% |
Laguna Hills | $1.0M | $1.0M | +0.9% |
Housing Supply in Laguna Hills, CA
How many homes are available in Laguna Hills, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
69 | 68 | -1.4% |
Summary: The Laguna Hills real estate market had 68 homes for sale in May 2024, a 1.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 10 | 11 | +10.0% |
3 Bedrooms | 18 | 18 | 0.0% |
4 Bedrooms | 20 | 22 | +10.0% |
5+ Bedrooms | 17 | 14 | -17.6% |
Summary: The Laguna Hills housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 10%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 17.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 21 | +5.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Laguna Hills in May 2024, up by 5.0% month-over-month. Of the 21 sold homes, 43% were sold under asking, 19% were sold at asking, and 38% were sold over asking.
Days on Market for Laguna Hills, CA
How long does it take to sell a home in Laguna Hills, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 13 Days | -52.9% |
Summary: Homes in Laguna Hills had an average of 13 days on market in May 2024, down by 52.9% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 21 homes were sold in Laguna Hills; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.