laguna Beach Homes for Sale April 26,2009

We have exciting news being reported from The Coastal Property Blog site in Laguna Beach. We are going to be giving you weekly stats of active homes for sale in Laguna Beach, homes for sale in Laguna Niguel homes for sale in Dana Point and homes for sale in Newport Coast.


April 27, 2009
Laguna Beach Active In Escrow %
Total # of Homes 390 51 12

$1,000,000 and under 58 20 26
$1,000,000 - $2,000,000 144 25 15
$2,000,000 - $5,000,000 43 0 0
$10,000,000 and over 27 0 0


Newport Coast Active In Escrow %
Total # of Homes 213 17 7

$1,000,000 and under 32 5 14
$1,000,000 - $2,000,000 45 6 12
$2,000,000 - $5,000,000 96 5 5
$5,000,000 - $10,000,000 32 1 3
$10,000,000 and over 12 0 0


Laguna Niguel Active In Escrow %
Total # of Homes 348 174 33

$500,000 and under 124 92 43
$500,000 - $1,000,000 133 66 33
$1,000,000 - $2,000, 61 12 16
$2,000,000 and over 33 7 18


Dana Point Active In Escrow %
Total # of Homes 280 80 22
$500,000 and under 37 33 47
$500,000 - $1,000,000 131 34 21
$1,000,000 - $2,000,000 53 13 20
$2,000,000 and over 63 0 0


These numbers are a huge indication of a coastal real estate market up swing. Yes, a trend is being set. Homes in Laguna Beach under one million dollars are hot. They represent over 25% of the homes sold! We see a precedent being set and a bottom being established for Laguna Beach homes for sale in relationship to them being sold. Now with this being said on the low end, we shall talk about the homes sold between the 2 million - 5 million dollar range. Only 5% have sold. What does this mean for Laguna Beach real estate? The bottom has not been established in this price range and higher yet. There are so few sales. Either the sellers do not have the same urgency to sell or they are just foreclosing to the banks and the banks have not started to unload them. We believe we have not seen the worst to come in the high end markets. Laguna Beach real estate is an area unto itself. It will loss its 35% but Laguna Beach homes will come back faster than most areas along the coast.

We want you to review the other stats for Dana Point homes for sale, Laguna Niguel homes for sale and we are providing Newport Coast homes for sale too. You can see the data and know buying a second home or being a first time home buyer or even an investor, these lower end price points are where to be.

Please call us with your questions about coastal real estate. We are here to serve you. Also our web site, www.TheCoastalPropertyExperts.com is a great tool for doing your orange county real estate searches.
Posted by Hillary Caston at 10:28 AM 0 comments
Labels: coastalproperty, laguna beach homes, Laguna beach real
Hillary Caston
949-922-8490
www.hillaryandcharles.com

August is HOT in Laguna Beach

It's hot in Laguna Beach! And so is the Laguna Beach real estate market. Throughout the summer, we have been previewing some gorgeous oceanfront property. Many tantalizing homes are available and for some of the beach properties, you can actually have a voice in its completion

Foreign buyers continue to embrace the Laguna Beach real estate market. Earlier this summer, I told you that my web site, www.hillaryandcharles.com, The Coastal Property experts is receiving at least 20% inquires from England, Canada, and Italy! Well the numbers are higher now. Obviously the value of their monies makes beachfront homes a steal!

I'm going to ask you the same question I ask a few weeks ago to anyone thinking about buying a Laguna Beach condo, a Laguna Beach home, or a beachfront home:

Do you want to buy when the real estate market is coming down or do you want to buy Laguna Beach real estate when the market is going back up? It's still your choice!

Real Estate is "On the Move" in Laguna Beach Area

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”.

It's hot in Laguna Beach!

And so is the Laguna Beach real estate market. We just returned from previewing some gorgeous oceanfront property. Two contemporary homes were especially tantalizing and one of them you can actually have a voice in its completion.


My personal experience is showing me that coastal property is selling to foreign buyers. My web site, www.hillaryandcharles.com, The Coastal Property experts is receiving at least 20% inquires from England, Canada, and Italy! Obviously the value of their monies makes beachfront homes a steal!Here is my question of the day that I pose to anyone thinking about buying a Laguna Beach condo, a Laguna Beach home, or a beachfront home: Do you want to buy when the real estate market is coming down or do you want to buy Laguna Beach real estate when the market is going back up?




It's your choice!