Laguna Beach Housing Market Report – May 2026
Here's a look at how the Laguna Beach, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 46
- Median Sale Price: $2,956,500
- Average Sale Price: $3,725,389
- Average Price Per Sq Ft: $1,610
- Average Days on Market: 113
- Sale-to-List Price Ratio: 98.0%
Month-Over-Month Trends
Compared to April, the median sale price in Laguna Beach moved 11.7% down (from $3,350,000 to $2,956,500). The number of homes sold was 58.6% up compared to the prior month (29 vs. 46). Average days on market shifted 24.2% up (91 days to 113 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 21.9% up (from $2,425,000 to $2,956,500). Sales volume is 53.3% up year-over-year.
What This Means
Laguna Beach's luxury market is showing mixed signals as we head into the peak summer season. While sales volume jumped dramatically to 46 homes, this likely reflects improved data collection rather than a genuine surge in buyer activity. More telling is the month-over-month median price dip of 11.7%, which suggests some cooling after April's spike. However, the year-over-year comparison tells a different story: homes are up nearly 22% since May 2025, indicating sustained appreciation despite recent softness. The market remains relatively balanced, with sellers still capturing 98% of list price on average.
The extended time-on-market figure is worth noting. At 113 days, homes are now taking noticeably longer to sell compared to just 91 days last month. Combined with 243 active listings sitting at a median asking price of $4.15 million, this suggests inventory is building and buyers have more negotiating room than they did in spring. For a seaside enclave that typically thrives in summer, the slower absorption could signal buyer fatigue at current price levels, possibly driven by persistent interest rate concerns. Single-family homes dominate sales, accounting for about 70% of transactions. Overall, Laguna Beach remains a premium market with strong annual growth, but the trajectory suggests buyers are taking their time and sellers may need patience.
Laguna Beach Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92651 | 46 | $2,956,500 | $1,610 | 113 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 32 | $3,137,500 | $1,636 |
| CONDOS | 6 | $2,074,750 | $1,714 |
| MULTI_FAMILY | 3 | $3,900,000 | $847 |
| OTHER | 2 | $972,500 | N/A |
| MOBILE | 1 | $490,000 | $319 |
| LAND | 1 | $785,000 | N/A |
| CONDO | 1 | $4,500,000 | $2,252 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 1 |
| $400K - $499K | 1 |
| $750K+ | 44 |
Current Active Listings
As of this report, there are 243 active listings in Laguna Beach with a median asking price of $4,150,000 and an average of 126 days on market.
Thinking About Selling Your Laguna Beach Home?
If you're a homeowner in Laguna Beach considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Laguna Beach and throughout Orange County — get a no-obligation cash offer today.