Thinking of buying an Orange County beach home for this summer?  With prices this low, especially in South County cities like Dana Point, now is the time to invest in a beach house you and your family can enjoy year after year!  Over 25% of the real estate properties listed for sale in Dana Point are short sales. This means that if you have the patience (short sales can take longer than a typical sale) and the financial means, you might be able to find yourself a steal!  The median price of these short sale properties is $400,000 and the average price per square foot is $246; whereas  of the 137 homes for sale in Dana Point, California, the non-short sale listings have a median price tag of $1,399,000 and average price per square foot of $655.

Homes are selling in Dana Point. In the past 3 months, there have been a total of 56 detached homes that have closed escrow in the lovely beach city.  The median price of the homes that sold was $630,000 and the average price per square foot was $349. Of this, were 14 were short sale properties. As you can see, many savvy investors and judicious buyers are claiming title to some lovely beach property.

If you are interested in buying or selling a home in Dana Point or South Orange County, contact experienced real estate agent Cheryl Marquis today. She will help you find your dream Orange County home or sell your Orange County home.

For more Orange County real estate news and happenings, follow Cheryl on Twitter @CherylSellsOC or check her on Facebook at CherylSellsOrangeCounty.

Cheryl Marquis has been an active and successful real estate agent in South Orange County, California for more than 25 years. As a TOP PRODUCER in her company, Cheryl has received the specific accreditation of a Certified Relocation Specialist (CRS) and Accredited Buyers Agent (ABR) and is a member of the Who’s Who of Luxury Real Estate, a select network of the world’s leading luxury home agents. Cheryl is a member of C.A.R. (California Association of Realtors), N.A.R. (National Association of Realtors) and O.C.A.R. (Orange County Association of Realtors). To talk to Cheryl about buying or selling a home in Orange County, call her at 949.683.1501 or visit her online at www.CherylSellsOC.com.