Laguna Niguel and Dana Point Market Statistics

Dana Point and Laguna Niguel market report statistics are in. The Market Action index shows both Dana Point and Laguna Niguel in a seller’s market. Median List Prices have remained the same in both cities, though Laguna Niguel is showing a strong downward trend in the Market Action Index.

This Week in Dana Point

Within the past few weeks the Dana Point market has reached a stasis point in terms of inventory and sales. Supply and demand, inventory, is keeping us in a seller’s market. However, if the market heats up, prices are likely to climb.

The Median List Price is staying strong at $1,399,000, with the Asking Price Per Square Foot in a downward trend.

• Dana Point Market Profile
• Median List Price: $1,399,000
• Asking Price Per Square Foot: $580
• Average Days on Market (DOM): 109
• Percent of Properties with Price Decrease: 41%
• Percent Relisted (reset DOM): 8%
• Percent Flip (price increased) 2%
• Median House Size (sq. ft.): 2,650
• Median Lot Size: 6,501 – 8,000 sq. ft.
• Median Number of Bedrooms: 4.0
• Median Number of Bathrooms: 2.5
• Market Action Index – Buyer’s Advantage: 31.7
  

This Week in Laguna Niguel

The Median List Price in Laguna Niguel remains at $979,000. The Asking Price Per Square Foot is in a downward trend with the Average Days on Market in a upward trend. The market in Laguna Niguel has been flat for several weeks.

Laguna Niguel Market Profile

• Median List Price: $979,000
• Asking Price Per Square Foot: $402
• Average Days on Market (DOM): 97
• Percent of Properties with Price Decrease: 55%
• Percent Relisted (reset DOM): 11%
• Percent Flip (price increased) 3%
• Median House Size (sq. ft.): 2,653
• Median Lot Size: 6,501 – 6,500 square foot
• Median Number of Bedrooms: 4.0
• Median Number of Bathrooms: 3.0
• Market Action Index – Seller’s Advantage: 35.5

Keep an eye on the MAI, Market Action Index. If it falls into a buyer’s zone in either city, we could see a downward trend on prices. Are you confused when looking at real estate statistics? Are you wondering how they might affect you as a buyer or seller? Contact us and we can discuss how the current market report might affect your choices.