The median list price in Laguna Beach for the week of July 1 is $2,495,000.
With inventory and days on market basically unchanged, and the Market Action Index increasing, the market is not sending a strong directional signal for the near-term outlook.

Supply and Demand
Home sales have been exceeding new inventory for several weeks. However, as the supply and demand trends continue, the market moves into the seller’s zone, and we are likely to see upward pressure on pricing.

Source: Altos Research