Dana Point Real Estate Report January 2013

Dana Point Real Estate Report

Dana Point Real Estate at a Glance: Prices and volume seem to have stabilized in Dana Point with a healthy number of transactions every month and prices on a slow general upward trend. Active inventory is high relative to average number of monthly transactions.

South Orange County Real Estate General Economic Conditions: rates remain at historic lows increasing affordability, inventory is low throughout South Orange County Real Estate as general economic uncertainty has delayed many sellers from putting their homes on the market and volume has remained fairly consistent. With the holiday season over and price appreciation providing positive equity for homeowners we expect more homes to come on the market in the coming weeks.

Detached Homes

Current Active Inventory 94

Current Average List Price $3,110,723

Behind the Numbers

Average volume past 3 months 34

Average sales price past 3 months  $1,137,321

Prices stabilized

Volume  staying fairly consistent

dana point real estatedana point real estate prices

What this means for

Buyers – buyers have a lot of options with much more homes currently on the market than typically sell in a month especially in the high end of the market. 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 – pricing your Dana Point detached home for sale correctly is essential in this market.  Once the proper price is set marketing is key to bring the kind of attention you need to generate offers. For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

 

Attached Homes

Current Active Inventory 29

Current Average List Price $634,534

Behind the Numbers

Average volume past 3 months 13

Average sales price past 3 months  $437,420

Prices  stabilized

Volume  staying fairly consistent

dp at voldp at price

What this means for

Buyers – attached Dana Point homes for sale inventory is more than the average monthly volume making it a good time to be a buyer.  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 – The inventory is on par for the trending demand making this a good time to list your Dana Point real estate. Prices are up but only properly priced homes tend to be selling. 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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Posted in dana point real estate, OC real estate
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