Laguna Beach Real Estate
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This is an overview of the Laguna Beach real estate market. It is intended as a resource for investors and other home buyers when researching Laguna Beach homes for sale.
The information is compiled from many sources, and will be updated every 3 months, however, some of the sources drawn from may be a few years older.
Last updated 3/15/2010.
OVERVIEW
Laguna Beach is located in Orange County in Southern California. The area code is 949 and the zip codes include 92651 and 92652. The population is around 24,000.
Compared to the rest of California, Laguna Beach has residents of a higher median age and higher education. Also, the home values are a lot higher.
MEDIAN HOME PRICE
The median sale price according to Zillow is $1,188,000 and according to Cyberhomes is $2,475,000.
Click here for more info on Laguna Beach California.
PROPERTY TAXES
The median property taxes for houses with a mortgage are around $4127.
RENTS
The median gross rent is $1629.
RENTERS VS. HOMEOWNERS
Around 35% are renters and 13% of homes are vacant.
MEDIAN INCOME
The median household income is $143,000.
THE HOUSES
Most of Laguna Beach real estate was built in the 1960's, with the next largest group being built prior to the 1940's. The third largest group was built 1950's.
JOBS
The most common 3 occupations include professional, sales & office, management & business.
There was 9.6% unemployment as of February 2010.
COMMUTING
The average time for commuters to get to work is 29 minutes. Approximately 9% work from home.
THE PEOPLE
Ethnic makeup in this area is mostly white non-hispanic at 88% and hispanic at 7%. Of the 11% foreign born residents, most are from Mexico, the UK and Canada.
EDUCATION
56% have a bachelor's degree or higher, while 23% have a graduate or professional degree.
THE WEATHER
Temperatures range from 76 in summer to 43 degrees Fahrenheit in winter. There are usually 33 days of precipitation and you can expect about 278 sunny days per year. Rainfall is 13 inches annually.
CRIME
Crime is generally less than the national average.
DISCLAIMER: All information is obtained amd combined from multiple sources but we cannot guarantee their accuracy.
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