Thu May 16 2019
This week the median list price for Dana Point, CA 92629 is $1,754,000 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has held steady at or around 127. Click here to stay informed with the Dana Point market!
The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.
Home sales have begun exceeding new inventory. While still a Buyer’s market, prices seem to have already started to respond. If the trend continues, expect prices to keep marching upward.