Dana Point Real Estate Report June 2013

Dana Point Real Estate Report

Dana Point Real Estate at a Glance: the Dana Point real estate market is heating up as we hit summer and should continue to climb as summer progresses.

South Orange County Real Estate General Economic Conditions: despite more properties coming on the market the available inventory is still light compared to demand. Many of the newly listed homes are coming on the market at aggressively high prices then being gradually reduced towards fair market value.

Detached Homes

Current Active Inventory 116

Behind the Numbers

Average volume past 3 months 38

Prices upwards trend continues

Volume strong climb last month should continue to move up

Months of Inventory  slight fall last month and should continue to fall

dp detached months dp detached price dana detached volume

What this means for

Buyers –if you have thought about buying in Dana Point do so sooner rather than later, as the summer is expected to be a hot market with rising prices.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 –this summer is expected to be an outstanding time to sell in Dana Point. Volume rising, prices climbing and months of inventory starting to fall. 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 32

Behind the Numbers

Average volume past 3 months 21

Prices  just keeps moving upwards

Volume  continuing to climb month to month expect this to continue through summer

Months of Inventory falling as summer gets underway

   dana attached volume dp attached price dp attached months

What this means for

Buyers – low inventory makes a seller’s market for Dana Point attached homes so be prepared to move quick and make your offer as enticing as possible to secure your home. 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 – You really couldn’t ask for a better time to sell your Dana Point attached home. Demand couldn’t be better when compared to supply when looking at identical homes. 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, for buyers, for sellers, OC real estate
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