Laguna Niguel and Dana Point Market Statistics

Currently, we have seen upward and downward changes in the Dana Point and Laguna Niguel areas. While we are still seeing a Seller’s Advantage in both areas, we see a stronger seller’s market in Laguna Niguel. Let’s consider current statistics in both areas.

This Week in Dana Point

At present, the median list price in Laguna Niguel has lowered a bit to $561,450. This is partly because more homes are available and the demand is not as great as seen in prior months.

The Market Action Index is at 30.7 indicating a seller’s market. Should it fall to the Buyer’s zone, we may begin to see prices lowering as a result.

While we haven’t seen a change in Asking Price Per Square Foot, we have seen upward trends in the Average Days on Market, DOM, reaching 122 DOM.

Dana Point Market Profile

Laguna Niguel is showing an upward Median List Price trend reaching $419,900. The asking price per square foot remains the same at $354 and current inventory keeps us in the Seller’s Market zone.

As with Dana Point, while we haven’t seen a change in the Asking Price Per Square Foot, the average Days on Market in Laguna Niguel is in an upward trend.

Laguna Niguel Market Profile

It’s important to understand that this could move in either direction. However, we are still seeing a healthier market than we have seen in previous years.

For more information about the Dana Point and Laguna Niguel areas, please visit my website.