Laguna Woods Statistics
As seen around the nation, home prices started falling in the mid 2000’s. Laguna Woods was no exception. The median home price today is reported between $260,000 – $311,000 depending on the source.
Here are some interesting statistics by National Association of Realtors®
Population Growth Last Year: -10.1%
Cost of Living 27.4% lower than state
Unemployment 4.4%* County
Laguna Woods Economic Summary
According to analysts at Zillow®, the market temperature in Laguna Woods is “soft”, and therefore a great time to buy. Zillow® is forecasting a modest increase in home prices for 2016.
In spite of the forecast for slow growth, Zillow® considers the market for homes in Laguna Woods is very healthy. The metrics used to determine the healthiness of a community are 10 variables that combined are considered the Market Health Index. Laguna Woods comes with at 8.10 which means relative to other markets, it is much more healthy. The variables used to compute the index include foreclosures, days on market, and more.
Good time to Buy Market is Soft
Market is Very Health