Buyers have become more motivated by turn key, recently remodeled, and well designed spaces. Taking on a major renovation for a recently purchased home, one you are already paying top dollar for, can be a daunting task for a prospective home buyer. Most of the inventory in South Orange County would be considered dated. The thoughtfully redesigned homes are commanding a higher premium price than ever before.

BRYAN GERLACH, REALTOR ® | DRE# 01906646

NORTH LAGUNA: CHANGE IN ANNUAL STATISTICS

All Price Points 2020 2021 % Change

66%

SOLD PROPERTIES

Average Sales Price $3,411,204 $4,373,493 28.2% Average Price per SF $1,362 $1,562 14.7% Average Days on Market 97 71 -26.8% Highest Price $9,750,000 $24,250,000 148.7% Sold Properties 50 83 66.0% % Sold to List Price 94.0% 97.3% 3.5%

Data is pulled from Infosparks and CRMLS and includes all residential attached and detached homes from January 1, 2021 – September 30, 2021.

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