A quick review of beach property sales as compared to properties on the market in Laguna Beach, Newport Beach, Dana Point and Laguna Niguel shows good results. Sales are improving and homes are "moving" off the market. It’s interesting to look at how much of our beach property inventory actually sold during the last 60 days! We all know that a decrease in beach property inventory equals an increase in beach property sales.
Laguna Niguel leads the way in percentage of homes sold! Twenty-eight percent of Laguna Niguel homes sold within the last two months. Although Laguna Niguel is not an ocean front community, many of the homes have ocean views. There are some fabulous buys in this community.
Dana Point real estate which has wonderful beach and beach front properties experienced homes sales at 17.5%. Newport Beach real estate inventory decreased 15 % while 8 % of the Laguna Beach ocean front and beach homes were sold.
Highly desirable ocean front and beach properties on the Pacific coast continue to present investment opportunities for buyers outside the United States who are seriously pursuing purchases of the ocean front homes.
Coastal property experts know that ocean front and beach homes are always in demand and many of these homes are “on sale”.
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