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  • Short Sale Information

    Posted Jul 28th, 2010 By in All Posts, Short Sale Info With | No Comments
    In Laguna Beach there are now 49 condominiums listed for sale. For these listed condominiums the median price is $1,199,000 and the average price per square foot is $943 . Of this total, 3 are short sale listings. The median price of these short sale units is $489,900 , and the average price per square foot is $552 . The ratio of short sale condo listings to the total listings is 6% . For homes under contract, there are 45 detached homes in escrow on this date, and the median price is $1,239,000 . Of this total, 19 are short sales in escrow, which is 42% of the total detached properties in escrow in Laguna Beach, and the short sale median price in escrow is $898,000 . For condominiums in escrow, there are now 8 attached units under contract, with a median price of $799,000 . Of this number, 3 are short sales, which calculates to be 38% of the total pending units, and the median price is $380,000 . In the past 3 months, there have been a total of 78 detached homes that have sold and closed escrow in Laguna Beach. The median price was $1,375,000 and the average price per square foot was $657 . Of this total were 10 were short sale properties in the city of Laguna Beach  in the past 3 months. This number of sold short sales is 13% of the total. The median price was $825,000 , and the average price per square foot was $483 . In the past 90 days, there have been a total of 10 condo sales with a median price of $1,000,000 , and an average price per square foot of $639 in Laguna Beach. Also, there were 1 short sale condos sold, which was 10% of the total number of units sold in this period. The median price of the sold short sale condos was $1,010,000 , and the average price per square foot was $754 .

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