August Coastal Market Update: South Orange County
This week the median list price for Laguna Beach, CA is $5,372,500 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 148.
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.
Newport Beach, CA Market Update
Median List Price: $$5,663,000
Market Action Index (MAI): 32 – Slight Seller’s Advantage
Inventory: 190

This week the median list price for Newport Beach, CA is $5,663,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has decreased to 190.
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: $7,195,000
Market Action Index (MAI): 36 – Slight Seller's Advantage
Inventory: 49
This week the median list price for Corona Del Mar, CA is $7,195,000 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has decreased to 49.
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 Corona del Mar Home.
Laguna Niguel, CA Market Update
Median List Price: $1,849,000
Market Action Index (MAI): 43 – Slight Seller’s Market
Inventory: 96
This week the median list price for Laguna Niguel, CA is $1,849,000 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has decreased to 96.
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.
Dana Point, CA Market Update
Median List Price: $3,499,499
Market Action Index (MAI): 39 – Slight Seller’s Advantage
Inventory: 48
This week the median list price for Dana Point, CA is $3,499,499 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has increased to 48.
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.
San Juan Capistrano, CA Market Update
Median List Price: $2,560,000
Market Action Index (MAI): 41 – Slight Seller’s Advantage
Inventory: 58
This week the median list price for San Juan Capistrano, CA is $2,560,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has increased to 58.
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 San Juan Capistrano home.
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