Is Dana Point, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Dana Point has remained a Seller's Market.
Housing Prices in Dana Point, CA
How much do homes in Dana Point, CA cost?
Median Sold Price
$1,605,000
$891/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Dana Point was $1,605,000 in April 2024, up 5.5% from last year, and the median price per square foot was $891.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $610K | $565K | -7.4% |
2 Bedrooms | $1.0M | $978K | -10.7% |
3 Bedrooms | $1.6M | $1.6M | +2.5% |
4 Bedrooms | $1.9M | $1.9M | -1.7% |
5+ Bedrooms | $3.0M | $3.4M | +13.1% |
Summary: Dana Point housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Cities
San Juan Capistrano | $1.2M | $1.3M | +9.2% |
Dana Point | $1.5M | $1.6M | +5.5% |
San Clemente | $1.5M | $1.6M | +5.3% |
Laguna Niguel | $1.2M | $1.2M | +2.9% |
Capistrano Beach | $1.7M | $1.5M | -7.4% |
Housing Supply in Dana Point, CA
How many homes are available in Dana Point, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
157 | 168 | +7.0% |
Summary: The Dana Point real estate market had 168 homes for sale in April 2024, a 7.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 8 | +100.0% |
2 Bedrooms | 30 | 25 | -16.7% |
3 Bedrooms | 65 | 68 | +4.6% |
4 Bedrooms | 36 | 42 | +16.7% |
5+ Bedrooms | 22 | 25 | +13.6% |
Summary: The Dana Point housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 13.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 38 | +46.2% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Dana Point in April 2024, up by 46.2% month-over-month. Of the 38 sold homes, 63% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for Dana Point, CA
How long does it take to sell a home in Dana Point, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 46 Days | +46.4% |
Summary: Homes in Dana Point had an average of 46 days on market in Apr 2024, up by 46.4% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 38 homes were sold in Dana Point; 55% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.