Real Estate Market Report - Laguna Beach, CA (Nov, 2023)

The median sale/list price for the first set of data starts at $2,650,000 in November 2022 and steadily increases to $3,699,800 in July 2023 before dropping slightly to $3,499,999 in October 2023. The median sale/list price for the second set of data starts at $2,178,000 in November 2022 and increases to $3,002,500 in January 2023 before fluctuating between $2,215,000 and $3,002,500 for the rest of the year.

The median sale price per square foot has increased steadily from November 2022 to March 2023, with a peak of $1536.378 in March. However, the price then shows a slight decline in the following months, with a low of $1214.459 in June. It picks up again in July and August, reaching a new high of $1693.767 in August, before decreasing slightly again in September and October.

The median sale price to list price ratio for the housing market is showing some fluctuations in the coming months, with a high of 0.988 in June 2023 and a low of 0.934 in January 2023. Overall, the ratio seems to be hovering around the mid-0.96 range for the most part, with a slight dip in August 2023.

The data shows the number of properties sold/listed per month over a 12-month period. The highest number of properties sold/listed was in May with 60, while the lowest was in February with 14. The trend seems to be increasing from November to May, and then decreasing from June to October.

The median days on market for homes in the given data range varies from 53.0 to 121.0 days, with the shortest median days occurring in May and June of 2023, and the longest in January. The median days on market tend to fluctuate, with some months being consistently lower or higher than others.