8 things to know about Laguna Niguel homebuying in early 2017

 


Crown Valley Park is a highlight of Laguna Niguel living. FILE PHOTO

How did buyers and sellers of Laguna Niguel housing interact in the year’s first months?

Looking at local residential real estate in the first quarter 2017, compared with the same period a year earlier, CoreLogic data show four trends for Laguna Niguel …

1. 264 homes sold this year vs. 248 a year ago.

2. That’s a gain of 6.5 percent vs. a gain of 3.5 percent countywide.

3. Median selling price this year of $700,000 vs. $679,500 in 2016.

4. That’s a gain of 3 percent vs. a gain of 4.5 percent countywide.

Add in four countywide trends to ponder in the period vs. 2016:

1. By neighborhood, prices rose in 66 of 83 Orange County ZIP codes; sales rose in 50 ZIPs.

2. In the 27 least expensive ZIPs — where the highest median home price was $588,000 — 2,423 homes sold, up 5 percent. Sales rose in 70 percent of these ZIPs.

3. In the 27 priciest ZIPs — where the medians start at $742,000 — 2,630 homes sold, up 7.2 percent. Sales rose in 59 percent of these ZIPs.

4. Million-dollar ZIPs: 9 with 551 sales, up 13 percent vs. 10 million-dollar ZIPs a year ago.

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