Dana Point Real Estate Report Nov 2012

Dana Point Real Estate Report

South Orange County Real Estate

November 2012

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 heading into the holiday season.

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.

Detached Homes

Current Active Inventory 121

Current Average List Price $2,809,744

Behind the Numbers

Average volume past 3 months 35

Average sales price past 3 months  $1,039,821

Prices stabilized

Volume  staying fairly consistent

 

 

 

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. 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.  Pricing it to high and you can expect it to sit on the market for a while, getting stale in the eyes of potential buyers, pricing it to low and you leave money on the table. Prices have stabilized and volume remains steady but the available inventory is high. 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 27

Current Average List Price $626,199

Behind the Numbers

Average volume past 3 months 17

Average sales price past 3 months  $449,556

Prices  stabilized

Volume  staying fairly consistent

 

 

 

What this means for

Buyers – attached Dana Point homes for sale inventory is on par with the average monthly volume  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 have stabilized so don’t expect to get a large increase over recent sales but you can expect to sell for the same or slightly more. 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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