Laguna Niguel active listings of existing homes as of January 26, 2008 is at 467. This is down 20% from the peak of last year of 586 which was at the end of September 2007 but it is also up 9.1% from last January. The trend will be for this number to grow into the end of the summer. With the number of home sales trending down due to market conditions it will be interesting to see if we will exceed the last years peek of 586. In comparison to January of 2007, we only had 428 homes on the market a year ago.
Seller's need to be realistic and must realize that they must have their homes in top condition, priced strategically and hire an experienced Realtor with and agressive marketing plan to get their home sold in today's market.
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