The real estate market here in Laguna Niguel, CA. has slowed down substantially from last year, but actual sales prices have maintained their value. In the past 3 months, there have been 138 detached homes that have sold and closed escrow, as compared to 211 homes sold during this same period in 2005'. During the past three months of this year, the median price of all detached homes sold in Laguna Niguel was $970,000. for this same period in 2005' the median sales price was $890,000, which is an appreciation rate of 9.0%.
Likewise, in the past 90 days, there have been 127 attached condominiums that have sold and closed in Laguna Niguel, and the median price for these condos was $493,000. During this same 3 month period in 2005', there were 222 condos sold and the median price of condos sold was $477,500... this represents an appreciation rate of 3.2%.
During the past 90 days, the lowest priced detached home that was sold in Laguna Niguel, CA. was a 2 bedroom, 2.5 bath, 1,326 square foot home in the Del Prado Villas tract on Via Entrada for $578,000. The highest priced detached home sold was $4,000,000 for a 5 bedroom, 6 bath, 6,041 square foot condo with panoramic ocean and Catalina island view in the Ocean Ranch tract on Carmel Woods street. The average price of these detached homes was $1,146,943. The average price per square foot was $427/SqFt and the average days on market was 60 days.
During the past 90 days, the lowest priced attached condo sold in Laguna Niguel was a 1 bedroom, 1 bath, 726 square foot condo in the Hillhurst tract for $295,000. The highest priced condominium sold was $1,560,000 for a 3 bedroom, 2.5 bath, 2,721 square foot condo with panoramic ocean view in the Laguna Sur tract on Marseille. The average price of these condos was $554,900. The average price per square foot was $399/SqFt and the average days on market was 66 days.
Currently, there are 300 detached homes that are active for sale. The lowest priced homes is a 2 bedroom, 2.5 bath, 1,326 square foot home in the Del Prado Villas tract on Via Mirada for $585,000.. The highest priced home currently on the market for sale in Laguna Niguel is $10,250,000 for a 6 bedroom, 8 baths, 10,000 square foot estate with panoramic ocean view in the Bear Brand Ranch tract on Old Hill Ridge. The median price of these active homes for sale is $1,049,500.
For attached condominiums, there are currently 293 condos for sale. The lowest priced condo is a 1 bedroom, 1 bath, 565 square foot property in the Milano tract on Caldaro street for $294,000. The highest priced condo is a 3 bedroom, 3.5 bath, 3,183 square foot condominium with a panoramic ocean view, in the Laguna Sur tract on Nice street. The median of these 293 condos for sale is $549,900.
To view all detached homes and condos for sale in Laguna Niguel, please visit: Laguna Niguel Real Estate.
