![]() Or neighborhood over the latest quarter, the last year, 2-years, 5-years,ġ0-years, and even from 2000 to present. Percentage change in the resale value of existing homes in that city, town NeighborhoodScout has calculated and provides home appreciation rates as a NeighborhoodScout reveals the home appreciation rates for every city, town, Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Dana Point - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Dana Point real estate investment or home purchase decisions.Īppreciation Rates NeighborhoodScout's ® Exclusive Home Appreciation Rates Individual neighborhoods within Dana Point differ in their investment potential, sometimes by a great deal. One very important thing to keep in mind is that these are average appreciation rates for the city. Relative to California, our data show that Dana Point's latest annual appreciation rate is higher than 50% of the other cities and towns in California. Notably, Dana Point's appreciation rate in the latest quarter is one of the lowest in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Dana Point were at -2.75%, which equates to an annual appreciation rate of -10.55%. In the last twelve months, Dana Point's appreciation rate has been 7.80%, which is lower than appreciation rates in most communities in America. Over the last year, Dana Point appreciation rates have trailed the rest of the nation. This equates to an annual average Dana Point house appreciation rate of 6.49%. The cumulative appreciation rate over the ten years has been 87.62%, which ranks in the top 40% nationwide. Dana Point Home Appreciation RatesĪppreciation rates for homes in Dana Point have been tracking above average for the last ten years, according to NeighborhoodScout data. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor. ![]() Left unchecked, vacant Dana Point homes and apartments can be a drag on the real estate market, holding Dana Point real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Fully 16.14% of the housing stock is classified as vacant. ![]() Vacant housing appears to be an issue in Dana Point. There's also some housing in Dana Point built before 1939 ( 1.98%). ![]() A lesser amount of the housing stock also hails from between 2000 and later ( 6.98%). There is also a lot of housing in Dana Point built between 1940-1969 ( 18.89%). There is a lot of housing in Dana Point built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. The city has a mixture of owners and renters, with 61.61% owning and 38.39% renting. The most prevalent building size and type in Dana Point are three and four bedroom dwellings, chiefly found in single-family detached homes. ![]() Other types of housing that are prevalent in Dana Point include large apartment complexes or high rise apartments ( 17.39%), duplexes, homes converted to apartments or other small apartment buildings ( 16.69%), and a few row houses and other attached homes ( 13.28%). Single-family detached homes are the single most common housing type in Dana Point, accounting for 51.79% of the city's housing units. With 32,821 people, 14,197 houses or apartments, and a median cost of homes of $1,079,450, Dana Point house prices are not only among the most expensive in California, Dana Point real estate also is some of the most expensive in all of America. ![]()
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