No one times the market exactly. But those accustomed to following the market often spot trends before others. Inspired Realty, a real estate company in Dana Point, shares its intel on the 2025 real estate market in Orange County.
Resiliency in Residential Markets
The future for residential markets looks bright for 2025. Demand for residential properties in suburban areas will continue to be strong. CoreLogic predicts value increases in the neighborhood of 3 – 5% (pun intended).
While those numbers fall short of the heights previously enjoyed, they stand in stark contrast to previously hot markets in places like Florida and Texas. The heat may turn down to a simmer, but the pot is still boiling.
Suburban Flight Continues
Don’t expect an end to the move to the suburbs. The limited inventory in Los Angeles continues to drive prices above the affordability point for many buyers.
Dana Point plays an important role as a suburb of Irvine, but its location between Los Angeles and San Diego positions it perfectly for remote workers who only go to the office a few times a month.
The Dana Point restaurants, stores, and parks provide plenty of opportunity for recreation and shopping while still close enough to drive to urban locales for special events.
Dana Point residents find more affordable home options while maintaining proximity to urban resources.
These are just a few of the reasons homes in Orange County locations like Dana Point will only stay on the market for less than three weeks.
Growing Economy Exerts Positive Force
The Anderson School of Management at UCLA expects the California economy to grow faster than the national economy in the next two years, but only by a hair.
International immigration and onshoring technical manufacturing fuel these increases in growth. As the economy grows, more people move into the area, and this increases the demand for housing.
If you plan to buy a home in Dana Point, make it sooner than later. More people moving into the area increases the demand, driving prices up.
If you plan to sell a home in Dana Point, you also want to move sooner than later. Does that seem counterintuitive to you? Hardly, the longer you wait to sell, the later you buy your next home. Sure, you might get a higher sale price, but you will pay more for your next home.
Real Estate Company in Dana Point Remodels Too
Let Inspired Realty help you create the home of your dreams in Dana Point. Because Inspired Realty works with Inspired Remodels to update and remodel Orange County homes, you focus on finding a home in the location you want. Then, Inspired Remodels converts the home into your dream home.
The 2025 real estate market in Dana Point looks bright. Trust Inspired Realty to help you navigate buying and selling in any Orange County neighborhood.