The median list price in Laguna Beach this week is $2,597,000
Inventory is up, and market action is trending down recently. While days on market appear to be trending lower, the overall conditions are weakening a bit.
 
Supply and Demand
The Market Action Index has been trending lower for several weeks, while prices have remained relatively stable.
 
Price
In the last few weeks, we’ve seen prices in Laguna Beach bouncing around this plateau. Look for a persistent downshift in the Market Action Index before we see prices deviate from these levels.