Is Dana Point, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dana Point is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Dana Point was a Seller's Market.

Key Takeaway

Dana Point is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dana Point, CA

How much do homes in Dana Point, CA cost?

Median Sold Price

$1,678,875

$910/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$88,875(+5.6%)

Key Takeaway

Homes in Dana Point have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Dana Point was $1,678,875 in November 2024, up 5.6% from last year, and the median price per square foot was $910.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $602.5K$580K
-3.7%
2 $1.0M$1.1M
+10.0%
3 $1.6M$1.7M
+6.9%
4 $1.9M$1.9M
+4.6%
5+ $4.2M$2.1M
-48.8%

Summary: Dana Point housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 48.8%.

Median Sold Price Compared To Nearby Cities

Laguna Niguel
+12.0%
San Clemente
+6.3%
San Juan Capistrano
+6.1%
Dana Point
+5.6%
Capistrano Beach
+0.6%

Housing Supply in Dana Point, CA

How many homes are available in Dana Point, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
163166+1.8%

Summary: The Dana Point real estate market had 166 homes for sale in November 2024, a 1.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 912
+33.3%
2 3332
-3.0%
3 4549
+8.9%
4 5048
-4.0%
5+ 2625
-3.8%

Summary: The Dana Point housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 3.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2420-16.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dana Point, you may be able to get a good deal. 55% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Dana Point in November 2024, down by 16.7% month-over-month. Of the 20 sold homes, 55% were sold under asking, 30% were sold at asking, and 15% 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

Nov 2023Nov 2024CHANGE
18 Days66 Days+268.3%

Summary: Homes in Dana Point had an average of 66 days on market in Nov 2024, up by 268.3% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dana Point are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 20 homes were sold in Dana Point; 60% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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