Laguna Hills, CA Home Prices & Values $694,100 Zillow Home Value Index 16.2% 1-year change 9.0% 1-year forecast Jun 2013 Jul 2014 Jun 2015 Market Temperature: Neutral Buyers Market and Sellers Market The median home value in Laguna Hills is $694,100. Laguna Hills home values have gone up 16.2% over the past year and Zillow predicts they will rise 9.0% within the next year. The median list price per square foot in Laguna Hills is $330, which is lower than the Los Angeles Metro average of $344. The median price of homes currently listed in Laguna Hills is $615,000 while the median price of homes that sold is $608,500. Foreclosures will be a factor impacting home values in the next several years. In Laguna Hills 1.4 homes are foreclosed (per 10,000). This is lower than the Los Angeles Metro value of 1.9 and also lower than the national value of 4.3 Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Laguna Hills is 5.2%, which is lower than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Laguna Hills homeowners underwater on their mortgage is 7.0%, which is lower than Los Angeles Metro at 11.6%. Laguna Hills, CA Demographics: Population: 28,204 For Sale (175) Recently Sold (1181) Laguna Hills People Data Laguna Hills.................... National Median Household Income: $70,234 $44,512 Single Males: 12.6% 14.6% Single Females: 10.3% 12.5% Median Age: 37 36 Homes With Kids: 37.4% 31.4% Average Household Size: 2.8 2.6 Average Commute Time (Minutes): 28 26 Who Lives Here? The main types of people are: People who live in this neighborhood Affluent Immigrants—High-income immigrants living in suburban areas. Ranging in age from mid-30s to early 60s, these highly educated immigrants earn high salaries. A high proportion are homeowners. Multi-lingual Suburbanites—Middle-class, suburban individuals who speak a foreign language. Age ranges from 30s to 60s. Some own their homes. Education varies from high school to college, with some earning graduate school degrees. Suburban Retirees—Seniors over 65 who live in the suburbs. These seniors are living out their retirement years in suburbia. Most own their homes, and some have college degrees.
Posted on: Tue, 12 Aug 2014 20:45:06 +0000
Trending Topics
Recently Viewed Topics
© 2015