Dana Point Real Estate Report November 2013

Dana Point Real Estate Report

Dana Point Real Estate at a Glance:  Has the holiday season brought stability? - Dana Point real estate is currently actually a pretty stable market. Some statistics show a slight slow down, but overall the market is stable right now. Dana Point homes that are priced correctly are getting offers and selling (generally right now for a slight discount from list price) while homes that are over priced for this market are still getting looks and even offers (though at a significant discount of list price). So Dana Point real estate is for now a good place for both sellers and buyers with realistic expectations.

South Orange County Real Estate General Economic Conditions: the general conditions of Orange County real estate show flat prices, slightly longer sales time and decreased volume as we enter the holidays, most of which is perfectly normal for this time of year.

Get the latest Orange County Real Estate report here

Detached Homes

Current Active Inventory 161

Behind the Numbers

Average volume past 3 months 31.6

Prices nice jump which represent a large interest in the highest end of Dana Point Real Estate inventory

Volume slight drop which is expected this time of year

Months of Inventory  rose up after two months of drops, next month will tell us if there is a possible trend forming

dana point real estate months detached.004 dana point real estate vol detached.003 dana point real estate prices detached.002

What this means for

Buyers –This is a great time to be a buyer, in fact it may best the best time in the past year. If next year is anything like this year buyers would be smart to buy now and not wait. 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 –Sellers can still expect to get action on their properties as well as offers when priced right. Mentally prepare yourself for offers under asking since that is a trend right now. If your over priced for the market prepare to wait it out a bit until the market catches up to your pricing. 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.

 

Attached Homes

Current Active Inventory 62

Behind the Numbers

Average volume past 3 months 17.6

Prices  a large jump up representative of more volume at higher price points

Volume  remained flat

Months of Inventory slight bump up as more homes hit the market

dana point real estate months att.007 dana point real estate vol att.006 dana point real estate price att.005

What this means for

Buyers –Buyer of Dana Point attached homes have a good amount of options and not an over abundance of competition right now so you should be able to find the right home for you at the right price 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 –Dana Point attached home sellers need to be flexible and patient for the right buyer to come in and get a deal done. Really there are not a lot of transactions right now per month so do everything you can to stand out and make buyers want your home over comparable model matches.  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 November 2013
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Dana Point Real Estate report for November of 2013 including charts and graphs. Find out about Dana Point homes for sale and what is going on with Dana Point real estate right now!
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