Dana Point Real Estate Report May 2013

Dana Point Real Estate Report

Dana Point Real Estate at a Glance: Price and volume continue to trend upwards in Dana Point. The diversity of Dana Point Real Estate provides a much better view of real estate as a whole than many other South Orange County cities. With the months of inventory sitting at 4 Dana Point reflects a more neutral market favoring neither buyers nor sellers, which makes this a great time to buy or sell in Dana Point.

South Orange County Real Estate General Economic Conditions: More of the same as the single greatest issue right now in South Orange County is available inventory. Despite more homes coming on the market last month demand was there to meet them so inventory levels remain low for most of South Orange County.

Detached Homes

Current Active Inventory 100

Behind the Numbers

Average volume past 3 months 32

Prices trending upwards which should continue to rise as we hit the prime selling season

Volume  holding at higher numbers, should break forty a month in the upcoming months

Months of Inventory  currently sitting at 4, which is characteristic of a normal or neutral market (neither favoring buyers or sellers)

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What this means for

Buyers –since Dana Point property covers a wide spectrum you have to move quick to see the best of what is out there that meets your needs. Demand has been increasing and will continue to do so as we hit the prime selling season so if your in the market act now. 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 – In a neutral market like we have here in Dana Point detached homes marketing, pricing and home condition play much greater rolls in a successful sale. Your buyers will have a lot more options to choose from so make sure yours is clearly the best of those options and presented accordingly. 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 31

Behind the Numbers

Average volume past 3 months 17

Prices  upward trending which should continue as we hit the prime selling season

Volume  climbing at just the right time as we enter the prime selling season

Months of Inventory at just 2 this represents a seller’s market

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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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