January's First-Time Homebuyer Report for Laguna Beach

Laguna Beach is a larger than average city in California with 22,723 residents. Also, it has seen a 0.9% decrease in population over the last 10 years. It should be noted that 50.3% of the homes in Laguna Beach are owned, while 33.5% are rentals. Topping the list of best schools in the city is Top of the World Elementary School.

Price Range

Laguna Beach has some of the more expensive homes in the state with a median home value of $1,092,700 and a current average list price of $2,510,294. In this week's report, the number of homes sold in the Laguna Beach market fell to 24 over the past 30 days. It marked a decrease of 4.0% from last week's report and another period below the monthly average.

Make sure you take a look at these eye-catching homes in Laguna Beach that generated the most views from potential buyers:

$19.5M   $11.9M   $1.6M  

Typical Dwelling

A three-bedroom detached home valued around $2,491,609 is considered a typical dwelling in Laguna Beach. If a buyer was looking for a similar home, they would need good credit and a $498,322 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $6,583 and the property tax rate is $7.36 per $1,000 of taxable assessed value.

Get started right now by checking out Laguna Beach homes for sale or reviewing Laguna Beach real estate trends.

Data reported through 1/12/2017


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VasTree Real Estate
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