Laguna Niguel Condos are a very popular home choice for first time homebuyers and families that are scaling down. Laguna Niguel is one of the most desirable cities in Orange County... with it's rolling hills, beautiful boulivards and prestigious housing communities, Laguna Niguel real estate has been a prize posession for years. Due to the high cost of land, many fine Condominium communities have been developed over the past 20 years.
There are currently 142 Condos for sale in Laguna Niguel rangin in price from $294,000 for a 1 bedroom, 1 bath, 565 Sqaure Foot condo, on up to $1,595,000 for a 3 bedroom, 2.5 bath, 2,721 Sqaure Foot Condominium that boasts of a sweeping panoramic Ocean View, located in the Lagune Sure tract. The Median priced condo in Laguna Niguel is $539,900 and the aveerage price per square foot is $455/SqFt for Condos currently Active for sale.
Currently, there are 36 Condos Pending in escrow, ranging in price from $308,000 for a 1 bedroom, 1 bath, 565 Square Foot condo, on up to $1,299,000 for a 2 bedroom, 2.5 bath, 2,244 square foot Condominium with seeping coastline and Ocean views. The average price per square foot for Condos in escrow Laguna Niguel is $442/SqFt and the average Days on Market before the sale was 70 days.
For the month of December, 2005', there were 38 Condos that sold and closed escrow in Lagune Niguel. The prices of these Condos ranged from $305,000 for a 1 bedroom, 1 bath, 710 square foot condo up to $795,000 for a 3 bedroom, 2.5 bath, 2,062 square foot condominium in the prestigious Bear Brand Stoney Pointe tract. The Median priced Condo that sold in December was $484,900. The average price per square foot for these sold Condos was $421/SqFt and the average days on market before the sale was 37 days.
One year ago, for December of 2004', there were 60 Condos that sold and closed escrow in Laguna Niguel. These Condos ranged in price from $287,000 for a 2 bedroom, 1 bath on up to $1,300,000 for a 3 bedroom, 3.5 bath, 3,183 square foot Condominium with Ocean view. The Medain price for these sold Condos was $460,000 and the average price per square foot was $370/SqFt. Comparing this median price to today's median price of $484,900, represents an increase of 5.4% for the year, and the Average Cost per Square Foot increased by 13.7%.
