The median list price in Dana Point this week is $1,595,000.
Inventory is tightening and days-on-the market is falling. But demand on the Market Action Index is also trending down. The market is not giving strong up or down signals.
Supply and Demand:
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changed from their current trend.
Price:
Price tends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.