Dana Point (December 6, 2013)

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This Week

The median list price in Dana Point this week is $1,199,000.

Inventory has been lightening lately and The Market Index has been trending up.

Supply and Demand

Home sales have been exceeding inventory for the last few weeks. However, prices continue to fall. Technically supply levels indicate this is a seller’s market.

Price

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us of that cycle.

_DANA POINT-4