StereoBot

Feb 16, 2018

An interactive kaleidoscope sculpture called “Light Beam” is on display in front of the Laguna Beach City Hall in Laguna Beach on Monday, Jan. 15, 2018. The sculpture is a creation of the Los Angeles artist team Stereobot and will be on display until March 10. (Photo by Leonard Ortiz, Orange County Register/SCNG) February 16, 2018 at 12:22 am House hunters apparently liked Laguna Beach in the fourth quarter. CoreLogic statistics for the October-to-December period compared with the same period a year earlier, show these five trends for Laguna Beach’s homebuying … 1. 123 homes sold this year vs. 93 a year earlier. 2. That’s a one-year sales gain of 32.3 percent vs. a countywide homebuying loss of 1.3 percent. 3. Median selling price of $1,800,000 vs. $1,849,949 12 months earlier. 4. That’s a price decline of 2.7 percent. The countywide median was $698,000, up 5.7 percent vs. a year earlier. 5. The Laguna Beach 92651 median ranks No. 5 priciest out of 83 Orange County ZIPs, same as a year earlier. See full-year 2017 CoreLogic results … From 2017’s fourth quarter, eight countywide trends to ponder: 1. At the neighborhood level, prices were up in 66 of 83 Orange County ZIP codes compared to the previous year. 2. Sales rose in 38 of 83 Orange County ZIPs. 3. Builder sales were 1,544 — up 4.2 percent from a year earlier. Median selling price was $869,000 — up 0.2 percent from a year earlier. 4. In the county’s cheapest third, the 27 least expensive ZIPs, median of $622,500 and below — 2,540 homes sold. That’s down 0.9 percent compared to a year earlier. 5. In the 27 priciest ZIPs — median of $789,050 and higher — 3,236 homes sold. That’s down 0.2 percent. 6. In the 11 Orange County ZIPs with medians above $1 million, sales totaled 720 homes, down 1.9 percent in a year. There were 10 seven-figure ZIPs a year earlier. 7. In the county’s 16 beach-close ZIPs, 1,484 homes sold in the latest period, down 0.6 percent vs. a year earlier. 8. As for relative bargains, there were six ZIPs with medians under $500,000 with total sales of 440 homes. A year earlier, 14 ZIPs had medians under $500,000 with 1,039 sales, or a drop of 58 percent in a year. In case you missed it …