April Coastal Market Update: South Orange County
This week the median list price for Laguna Beach, CA is $5,247,500 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has increased to 134.
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Newport Beach, CA Market Update
Median List Price: $5,497,500
Market Action Index (MAI): 32 – Slight Seller’s Advantage
Inventory: 164

This week the median list price for Newport Beach, CA is $5,497,500 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has increased to 164.
Home sales continue to outstrip 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.
Find your Newport Beach home.Corona Del Mar, CA Market Update
Median List Price: $7,995,000
Market Action Index (MAI): 35 – Slight Seller’s Advantage
Inventory: 42
This week the median list price for Corona Del Mar, CA is $7,995,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has increased to 42.
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Find your Corona del Mar Home.
Laguna Niguel, CA Market Update
Median List Price: $1,912,500
Market Action Index (MAI): 50 – Strong Seller’s Advantage
Inventory: 58
This week the median list price for Laguna Niguel, CA is $1,912,500 with the market action index hovering around 50. This is less than last month's market action index of 51. Inventory has increased to 58.
Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.
Find Your Laguna Nigiuel Home.
Dana Point, CA Market Update
Median List Price: $5,980,000
Market Action Index (MAI): 44 – Slight Seller’s Advantage
Inventory: 35
This week the median list price for Dana Point, CA is $5,980,000 with the market action index hovering around 44. This is an increase over last month's market action index of 39. Inventory has held steady at or around 35.
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
San Juan Capistrano, CA Market Update
Median List Price: $2,697,000
Market Action Index (MAI): 43 – Slight Seller’s Advantage
Inventory: 44
This week the median list price for San Juan Capistrano, CA is $2,697,000 with the market action index hovering around 43. This is less than last month's market action index of 48. Inventory has increased to 44.
The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.
Find your San Juan Capistrano home.
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