Laguna Beach homes selling quickly

Where could be a better place to look for homes for sale in Orange County than the beautiful resort city of Laguna Beach? Situated along the pristine Pacific Coast, this community offers some of the most stunning homes and beaches in the state of California. It includes seven miles of sand and a wide variety of specialty shops, boutiques and restaurants for the enjoyment of residents and visitors alike.

According to the 2010 U.S. Census Bureau survey, the population in this seaside destination was 22,738 and the median house value from 2006 to 2010 was $1,000,001. However, the latest data from ReportsonHousing.com reports that $1,230,000 was the Laguna Beach median selling price during the 22 business days ending July 9, 2012.

The local housing market has recently been doing great as the Orange County Register reports the data also reveals that Laguna Beach homes are selling 61 percent faster than they were this time last year. As of July 19th, the average time it took to sell a home in the area was 4.89 month, as opposed to 12.43 months in July 2011.