So, I was just doing some research, running some statistics and thought I would share a few findings that mean absolutely nothing. As of this writing, September 21, 2017, there are 262 residential properties actively listed in Laguna Beach. Most of those, 228 to be exact, are single family homes. I thought it would be fun to just look at the highs, lows and averages for these properties and ran those numbers, so here you go:

List Price: The least expensive home is $575,000, but is actually closer to Aliso Viejo than Laguna Beach. The “average” price of all homes is (*gulp*) $5,469,458, or $1,815 per square foot. And that brings us to the MOST expensive home topping out at a measly (using my best Dr. Evil voice) $55 MEEELION Dollars!

Size: The most miniscule of these properties is a petite 430 square feet, while the average home is 3,014 square feet with three bedrooms and 3.5 baths. The largest home is a (hmmhummm) modest 18,000 square feet with 12 bedrooms and 11 baths. I suppose if you live there, your guests can stay as long as they want, since it’s unlikely you would run across them…

Time on Market: Since one of them came on the market today, the shortest time on market is one day. The average time these homes have been up for sale is 117 days. The winner for having the most endurance and being the most optimistic, is 1,031 days (almost 3 years!). Hey, today could be their lucky day; There’s a butt for every seat, as they say.

So what does this all mean? Not a darn thing. People can ask any price they want for a property and can always find an agent willing to take the listing. What matters (and the only thing that matters) is what homes actually sell for. To put it in perspective, The average price for homes sold over the past 90 days is $2,298,166 at an average of 2,031 sq.ft. That’s not exactly chump change. The highest priced sale was $10 million (a mere 18% of the current high) and the least pricey property sold for $264,000. I don’t know much, but it just seems to me that a 238% premium in average asking prices suggests the market is a bit out of whack…

Recent Blog Posts

Stay up to date on the latest real estate trends.


Stalemate is a situation in the game of chess where the player whose turn it is to move is not in check and has no legal move. The game ends in a draw. Since the start… Read more

Prices Chase Away Home Buyers?

This was the sub-heading of a Daily Pilot article I came across as I was sorting through old archives in a home I recently purchased in Laguna Beach. The article was p… Read more

First Half 2021 vs. First Half 2020

OFF THE CHARTS When compiling year-over-year statistics, economists tend to work in single-digit percentages. For example, the U.S. GDP growth over the past few years … Read more

2020 Hindsight

2020 Hindsight I know I’m one of the lucky ones. No one in my immediate family has been directly affected by COVID 19, although my father’s 92-year-old twin brother an… Read more

Proposition 19 – What Is It?

Proposition 19 recently passed, amending California’s Constitution by expanding qualifications for the transfer of a property’s taxable value. Beginning April 1, 2021,… Read more

One Bonkers Year!

This year has simply been bonkers. And we still have over a month to go! The news of Kobe and Gianna was swept away by the tsunami of events that followed: the pandemi… Read more

So. Orange County Coastal Sales: First Half 2020

SOUTH ORANGE COUNTY COASTAL HOUSING IN DEMAND Despite the economy being shut down for the majority of 2020, housing along the coast of South Orange County has done exc… Read more

Silver Lining in Housing Market

I think we can all agree that a bit of good news is welcome. My gig is working in the residential real estate market, particularly along the coastal towns of South Ora… Read more

Is It a Good Time to Sell/Buy?

Without repeating all the worn-out rhetoric about the COVID-19 pandemic, I thought I would share my actual experiences with regard to conducting a real estate practice… Read more

Let's Talk

You’ve got questions and we can’t wait to answer them.