$10,000 Closing Credit*
$1,899,000
1,789 SqFt
3 Beds
•3 Full Baths
Suneeti Argade, Listing Office: Coldwell Banker Realty
Is Dana Point, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$1,684,875
$914/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$125,575(+8.1%)
Key Takeaway
Homes in Dana Point have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Dana Point was $1,684,875 in October 2024, up 8.1% from last year, and the median price per square foot was $914.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $615K | $580K | -5.7% |
| 2 Bedrooms | $1.0M | $1.1M | +8.4% |
| 3 Bedrooms | $1.6M | $1.7M | +8.7% |
| 4 Bedrooms | $1.9M | $1.9M | +4.2% |
| 5+ Bedrooms | $3.7M | $2.2M | -39.5% |
Summary: Dana Point housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.7%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 39.5%.
Median Sold Price Compared To Nearby Cities
| Laguna Niguel | $1.2M | $1.3M | +10.8% |
| San Juan Capistrano | $1.2M | $1.3M | +8.7% |
| Dana Point | $1.5M | $1.6M | +8.1% |
| San Clemente | $1.5M | $1.7M | +7.6% |
| Capistrano Beach | $1.5M | $1.5M | +2.1% |
Housing Supply in Dana Point, CA
How many homes are available in Dana Point, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 159 | 171 | +7.5% |
Summary: The Dana Point real estate market had 171 homes for sale in October 2024, a 7.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 30 | 32 | +6.7% |
| 3 Bedrooms | 50 | 56 | +12.0% |
| 4 Bedrooms | 45 | 48 | +6.7% |
| 5+ Bedrooms | 26 | 26 | 0.0% |
Summary: The Dana Point housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 23 | -20.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dana Point, you may be able to get a good deal. 60.9% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Dana Point in October 2024, down by 20.7% month-over-month. Of the 23 sold homes, 61% were sold under asking, 4% were sold at asking, and 35% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 41 Days | -27.8% |
Summary: Homes in Dana Point had an average of 41 days on market in Oct 2024, down by 27.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dana Point are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in Dana Point; 65% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.