DP Real Estate - February 2024 Recap

Written By Erik Pedersen-Jauch

As we move forward into 2024 sales are beginning to pick up as expected here in Dana Point. It was a diverse mix of homes sold in February - 17 detached homes and 12 attached condos/townhomes. Interest rates have remained steady after some recent increases. As of today, interest rates are averaging out at 7.03% for conventional loans and FHA loans are currently averaging out at 6.56%. The speculation and hope of many is that interest rates will drop at some point in 2024, we will have to continue looking at the economic indicators such as the inflation and jobs reports to see if that will happen.

Dana Point Housing February Stats

Homes Available on the Market
90

Number of Sales
29

Sales by Neighborhood

Capo Beach: 4
Lantern District: 4
Monarch Beach: 11
Dana Hills/Del Obispo: 10

Median Price of Sold Homes
$1,600,000

Highest priced sale in February

45 Beach View Ave, Dana Point
Sold for $13,350,000
6,307 sq ft, 5 bedrooms, 5.5 bathrooms


If you’re thinking about buying or selling a home here in Dana Point, feel free to reach out to DP Unplugged Founder and Real Estate Broker Erik Pedersen-Jauch. My deep ties to the community, knowledge and expertise will help guide you through your real estate transaction with ease!

Erik Pedersen-Jauch
Real Estate Broker | DRE #01981918
Eriksen Properties
(949) 683-3221
erikpedersenjauch@gmail.com

Erik Pedersen-Jauch
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