Dana Point and Laguna Niguel Market Data

This Week in Dana Point

Inventory is sufficiently low which is keeping us in a Seller’s Market in Dana Point. The median list price is in a strong upward trend; however the asking price per square foot and average DOM, days on market, remain the same. Asking price per square foot is at $619, and homes are remaining on the market for an average of 102 days.

Dana Point Market Profile

• Median List Price: $1,695,000
• Asking Price Per Square Foot: $619
• Average Days on Market (DOM): 102
• Percent of Properties with Price Decrease: 30%
• Percent Relisted (reset DOM): 7%
• Percent Flip (price increased) 1%
• Median House Size (sq ft): 2,897
• Median Lot Size: 8,001 – 10,000 sq. ft.
• Median Number of Bedrooms: 4.0
• Median Number of Bathrooms: 3.0
• Market Action Index – Buyer’s Advantage: 31.3

 This Week in Laguna Niguel

We see no change in the median list price in Laguna Niguel which is currently at $979,450. The asking price per square foot shows no change with the Average Days on Market in a strong upward trend. Sales continue to outstrip supply and have been moving in a strong upward trend.

• Laguna Niguel Market Profile
• Median List Price: $979,450
• Asking Price Per Square Foot: $412
• Average Days on Market (DOM): 87
• Percent of Properties with Price Decrease: 47%
• Percent Relisted (reset DOM): 8%
• Percent Flip (price increased) 2%
• Median House Size (sq. ft.): 2,656
• Median Lot Size: 4,501 – 6,500 square foot
• Median Number of Bedrooms: 4.0
• Median Number of Bathrooms: 3.0
• Market Action Index – Seller’s Advantage: 37.3

Laguna Niguel’s prices remain in the high Median List Price range. In Dana Point, we are seeing prices climbing and nearing all-time highs.

Changes either way can benefit both buyers and sellers. Contact us to discuss how the current market report might affect your choices.