Justin Tye

Dana Point, CA

Single-Family Homes

Active Realty I REAL



Dana Point, CA

Thu Jun 20 2024
This week the median list price for Dana Point, CA is $4,300,000 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has increased to 57. Click here to stay informed with the Dana Point market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Dana Point, CA

Thu Jun 20 2024
This week the median list price for Dana Point, CA is $4,300,000 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has increased to 57. Click here to stay informed with the Dana Point market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Dana Point market.
Median List Price $4,300,000
Median Price of New Listings $5,422,500
Per Square Foot $1,535
Average Days on Market 124
Median Days on Market 49
Price Decreased 30%
Price Increased 4%
Relisted 11%
Inventory 57
Median Rent
Market Action 42
Slight Seller's Advantage

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$16,399,000 6,164 0.25 - 0.5 acre 4 7 6 2 1 196
$6,497,500 3,377 0.25 - 0.5 acre 4 4 56 1 0 80
$2,850,000 1,975 4,500 - 6,500 sqft 3 3 52 1 2 28
$1,995,000 2,300 4,500 - 6,500 sqft 3 3 41 2 5 21