Laguna Beach Market Statistics for May
Anyone vaguely familiar with the current market will tell you that it can be described as – what’s a professional term to use for this? Let’s go with – CRAZY! Due to low interest rates, even lower inventory, and other factors, the real estate market is moving at an unprecedented rate. We took a look at the Laguna Beach market statistics for May, and we wanted to share our findings.
Laguna Beach May Statistics
In Laguna Beach in the month of May, 7 Properties Sold. 11 Properties are currently Under Contract. And there are 14 Active Listings in Laguna Beach at this time. 71% of the properties that sold in May were on the market for less than 60 days. And all the properties sold on average of 3% of the original asking price. The median sales price was $370,000. Did we mention this market is crazy?
Laguna Beach is an extremely desirable and popular area of Panama City Beach with smaller crowds on the beach, homes within walking distance of the sand, the close location to the 30A lifestyle, and the fun of Pier Park. Laguna Beach is a golf cart-friendly area. It also has relatively quiet streets. Laguna Beach offers the convenience of The Carousel Supermarket and the popular Thomas’s Donuts. (Make sure you try the chocolate bacon donut. You’re welcome!). Visitors and locals alike also enjoy the yummy Back Beach BBQ. Sunnyside Grill is also a short golf cart drive away.
Want More Information?
If you are even the least bit curious to see what your home is worth, we would love the opportunity to talk with you over a cup of coffee. The Got Beach Team would like to show you our amazing marketing plan to get you top dollar for your home. We have been in this business for over twenty years. We have seen every trend, all the ups and downs the market can take. The Got Beach Team at Beachy Beach Real Estate is prepared for this current (crazy) market. Please contact us for more information!
The Got Beach Team at Beachy Beach Real Estate
Kelli: (850) 819-8246 | [email protected]
Renata: (850) 527-3923 | [email protected]
Stay tuned for next month’s update for Laguna Beach Market Statistics.