The median list price in Dana Point this week is $1,637,500.
Inventory is tightening and days-on-the market decreasing. 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
Prices are climbing and we’re nearing the market’s all-time high. A persistent drop of the Market Action Index into the buyer’s zone will be a leading indicator of the price strength subsiding.
