Best Time To Buy A Home In Laguna Beach
Posted by Sam Smith on Tuesday, August 13th, 2019 at 4:32pm.
Buying a home in Laguna Beach can be tricky when deciding on which neighborhood to live and the best time to buy. There are pros and cons to buying at different times of the year in Laguna Beach and often depends on how the current real estate market is doing. It's first important to establish if the market is a buyers or a seller's market. A buyers market means that homes will sit on the market longer than usual. Buyers don't have to rush into buying a home and can often negotiate with the seller off the listing price. In a seller's market properties are selling very fast and the owners are in control on who they sell it and the price they think the market will bear.
Most of the homes in Laguna Beach will come on the market between January through September. This is considered the 'high season" with the best inventory of homes to choose from. The off season comes around October and is very quiet between Thanksgiving holiday and Christmas. This is typically the best time to buy since the sellers that have their home on the market really do need to sell. The con to buying in the off seasons is that the inventory of quality homes will be less than buying in the high season months. if it's a buyers market then buying in the high season can yield a good deal if you can negotiate with a motivated seller. Laguna Beach is a really small town and it's really important to work with a local agent that understands the nuances of buying in Laguna Beach and that can correctly advise you on the current market conditions. Please contact us at 949-355-1622 to learn more about buying a property in Laguna Beach. We have included some real estate listings below where the owners are very motivated to sell.