Community Corner
Dana Point and Laguna Niguel Market Statistics
The latest market statistics for Laguna Niguel and Dana Point. The Market Action Index for Laguna Niguel has shown signs of strengthening.
We have the latest market report statistics for Dana Point and Laguna Niguel. The Market Action Index, MAI, for both cities show them to be in a Seller’s Advantage with a strong upward trend. Median list prices have remained the same both Laguna Niguel and Dana Point.
This Week in Dana Point
Home sales are exceeding supply with the Market Action Index, 37.7, moving higher for several weeks. If this trend continues, we could see upward pricing pressure in the foreseeable future.
Find out what's happening in Laguna Niguel-Dana Pointfor free with the latest updates from Patch.
Dana Point Market Profile
- Median List Price: $1,695,000
- Asking Price Per Square Foot: $562
- Average Days on Market (DOM): 128
- Percent of Properties with Price Decrease: 42%
- Percent Relisted (reset DOM): 8%
- Percent Flip (price increased) 0%
- Median House Size (sq. ft.): 2,884
- Median Lot Size: 6,501 – 8,000 sq. ft.
- Median Number of Bedrooms: 4.0
- Median Number of Bathrooms: 3.0
- Market Action Index – Seller’s Advantage: 37.7
This Week in Laguna Niguel
Find out what's happening in Laguna Niguel-Dana Pointfor free with the latest updates from Patch.
Laguna Niguel has seen no changes in the median list price which is currently at $975,000. While the asking price per square foot shows no change, the days on market are in a strong upward trend. Though the Market Action Index has shown signs of strengthening, prices have not moved in either direction. If this trend continues, we should expect prices to climb.
Laguna Niguel Market Profile
- Median List Price: $975,000
- Asking Price Per Square Foot: $402
- Average Days on Market (DOM): 115
- Percent of Properties with Price Decrease: 61%
- Percent Relisted (reset DOM): 15%
- Percent Flip (price increased) 2%
- Median House Size (sq. ft.): 2,686
- 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: 37.0
The market in Laguna Niguel and Dana Point appears to have reached a plateau. We will not see prices move away from these levels until we see persistent changes in the MAI. Contact us to discuss how the current market report might affect your choices.
