Thu May 16 2019
This week the median list price for Laguna Niguel, CA 92677 is $1,238,500 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 196. Click here to stay informed with the Laguna Niguel market!
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.
In the last few weeks, the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.