The real estate market in southern California has slowed down considerably in the past 18 months, but home prices is Dana Point have held up well and have actually increased by a healthy percentage. Currently there are 225 homes currently active for sale in Dana Point, CA. These detached homes range in from $550,000 for a 2 bedroom, 2 bath, 855 square foot home on Calle Juanita in Capistrano Beach. The maximum price is $10,199,900 for a 5 bedroom, 2 bath 1,842 square foot older home on Beach Rd., which essentially makes this a land purchase for a double sized ocean view beach front lot. The median priced home is $1,299,000 and the average priced detached home for sale in Dane Point is $1,791,173. The average price per square foot is $667 and the average days on market is 94 days.
On this date, there are 27 detached homes in Dana Point under contract In Escrow. These homes range in price from $655,000 for a 2 bedroom, 1 bath, 1,100 square foot home on La Cresta in the Lantern Village area of Dana Point. On up to $6,995,000 for a 3 bedroom, 4.5 bath, 6,500 square foot estate on Beach Rd. in Capistrano Beach boasting of sweeping Ocean views. The median priced home is $1,095,000 for home pending In Escrow.
In the past 90 days, there have been 62 detached homes that have sold and closed in Dana Point, CA. These homes range in price from a low of $595,000 for a 2 bedroom, 2 bath, 1,060 square foot home on Via Catalina in the Capistrano Beach area. On up to $12,425.000 for a 5 bedroom, 7 bath, 7,652 square foot estate on Ritz Cove with sweeping ocean view in Monarch Beach. The median priced home is $1,135,000 and the average priced detached home that sold and closed in Dana Point in the past 3 months was $1,598,064. The average price per square foot was $602, and the average days on market was 74 days.
Comparing the above sales prices to last year, we find that there were 55 homes that sold and closed in the same 90 period 1 year ago. The median priced home back then was $999,000 and the average price home was $1,222,054. The average price per square foot was $568/SqFt and the average days on market was 74 days. Comparing today's prices to one year ago, we find that the median price has increased 13%, the average priced detached home increased 30% and the average price per square foot increased 6%. The price per square foot is considered the most accurate measure of the price movement of a given market. Even in the face of a major correction in the orange county real estate market, Dana Point homes prices have maintained well and actually increased by 6% in the last 12 months.
For more information about Dana Point home prices or to view any home for sale in Dana Point, please feel free to contact us at: 949-388-3396 or email us at: Info@SearchOCHomes.com
