DP Real Estate - January Recap

We’ve started a new year and it’s time to do our monthly recap of what’s going on in the Dana Point real estate market. This month we had a nice range of sales here in Dana Point with 8 detached homes being sold and 10 condos/townhomes. Interest rates have remained steady at these lower levels (compared to 2023) which should be a good boost for the housing market here in Dana Point. As of today, interest rates are averaging out at 6.63% for conventional loans and FHA loans are currently averaging out at 6%. The speculation is that rates will continue to drop throughout 2024, it’s something I will be keeping a close eye on!

Dana Point Housing January Stats

Homes Available on the Market
79

Number of sales
18

Sales by Neighborhood

Capo Beach: 5
Lantern District: 2
Monarch Beach: 1
Dana Hills/Del Obispo: 10

Median Price of Sold Homes
$1,515,000

Highest priced sale in November

30 Monarch Beach Resort S, Dana Point
Sold for $5,900,000
3,996 sq ft, 4 bedrooms, 4 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