South Coast City Homes.....Selling Slower
Two weeks ago, it would have taken an expected pace of 3.91 months to sell off all of Dana Point’s homes for sale, which has slowed a bit to 4.06 months.
| Topic | DP | SC | Talega | SJC |
|---|---|---|---|---|
| Listed | 260 | 381 | 75 | 126 |
| Pending | 64 | 105 | 31 | 65 |
| Market time | 4.06 | 3.63 | 2.42 | 1.94 |
| 2 wks. Ago | 3.91 | 3.61 | 2.17 | 2.49 |
| 4 wks. Ago | 4.82 | 3.28 | 2.19 | 2.83 |
| 1 yr. ago | 7.74 | 6.23 | 4.04 | 3.75 |
| 2 yrs. Ago | 8.19 | 7.65 | 5.67 | 9.29 |
| Avg. price | $1.8M | $1.1M | $842,000 | $1.8M |
San Clemente also saw a slight slowing in sales pace. It would now take an expected 3.63 months to sell the city’s home stock, which is up from 3.61 months.
San Clemente’s Talega community is selling homes at a slower pace too – the market time jumped from 2.17 months to 2.42 months.
San Juan Capistrano, however, is enjoying a slightly quicker expected sales pace. The city’s sales pace dropped from 2.49 months to 1.94 months.
Countywide, sales pace for all Orange County homes sped up from 2.68 months to 2.46 months.
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