LAGUNA NIGUEL REAL ESTATE MARKET UPDATE - Laguna Niguel, CA 92677
Tue Mar 19 2019
This week the median list price for Laguna Niguel, CA 92677 is $1,250,000 with the market action index hovering around 38. This is an increase over last month's market action index of 33. Inventory has held steady at or around 139.
Market Action Index
The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.
Home sales continue to outperform supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.