Dana Point Real Estate Report December 2013

Dana Point Real Estate Report

Dana Point Real Estate at a Glance:  Slowing down as the holidays hit - right now in Dana Point Real Estate the market has slowed down with a large drop in active listings. However activity remains strong in the sub million dollar market. The drop in inventory combined creates an opportunity for sellers willing to put their homes on the market during the holiday season while buyers still have a decent amount of options out there.

South Orange County Real Estate General Economic Conditions: the Orange County Real Estate market is still a neutral market right now, meaning there are opportunities for both sellers and buyers but that neither has a clear upper hand.

Get the latest Orange County Real Estate report here

DANA POINT REAL ESTATE

Detached Homes

Current Active Inventory 114

Behind the Numbers

Average volume past 3 months 31

Prices the drop represents a lot more activity on the lower end of the market and a lot less closing in the highest end of the market.

Volume remained strong especially for this time of year

Months of Inventory  good drop which is the result of a combination of the decrease in active listing and strong volume

DANA POINT HOMES

Detached homes charts

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What this means for

Buyers – Dana Point Real Estate buyers still have a good amount of options to choose from and rates are still extremely low so you may want to capitalize on the neutral market and low rates before one of those factors change. To make sure you are seeing everything as soon as it hits the market we offer email listing alerts so you see exactly what’s on the market and find the best Dana Point home for you.

Sellers –Dana Point home sellers still are in a great market especially if your in the lower part of the market. Buyers are still out there looking and right now you have a lot less competition on the market if you can deal with having your home on the market during the holidays. Living and working in Dana Point I can give you an excellent idea of what to expect and how to make your home stand out among the crowd. For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

 DANA POINT REAL ESTATE

Attached Homes

Current Active Inventory 49

Behind the Numbers

Average volume past 3 months 16

Prices  the drop is reflective of much more activity on the lower end of the market than on the higher end of the market

Volume  just a seasonal drop here as we expect this time of year

Months of Inventory rose because of the drop in volume

DANA POINT HOMES

Attached homes charts

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DANA POINT REAL ESTATE

What this means for

Buyers –If you have been thinking of buying a Dana Point attached home now is a great time to do so. Volume is down, prices are stable, inventory is still very good, and rates are at record lows. A change in any of these factors is sure to come in the early stages of the new year and any changes will affect your options and buying power, so if you have been thinking about buying think about doing so sooner rather than later. To make sure you are seeing everything as soon as it hits the market we offer email listing alerts so you see exactly what’s on the market that fits your criteria as soon as it hits the market.

Sellers –For sellers this is a list if you have to market. There is still a good amount of inventory for the demand so no reason to put up with having your home on the market during the holidays unless you have to. If you do have to then you need to make sure your home stands out and the marketing efforts reach all potential buyers, through all potential mediums and paint your home in the best light.  Living and working in Dana Point I can give you an excellent idea of how to make sure your home stands out from the crowd. For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

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Dana Point Real Estate Report December 2013
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The latest Dana Point Real Estate Report showing charts and trends and providing insight from a leading Dana Point real estate group. Find out where the market is and what you should do about it right now
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