Dana Point (April 25th, 2014)

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dana POINT-20The median list price in Dana Point this week is $1,585,000

Inventory is up and the Market Action Index is trending down recently, while days-on-market is trending lower. Market conditions are weakening.

Supply and Demand
The market has shown signs of slowing. Both prices and inventory are relatively unchanged. Watch the Market Action Index for changes as an indicator for price change.

Price
The market seems to have paused around this plateau. The Market Action Index will be a leading indicator for the longevity of this trend.