This week in South Orange County’s Beach Cities real estate market:

🏖️ High Sale of the Week – Off-market $10M sale at 12 Monarch Bay Drive, one of the most exclusive oceanfront neighborhoods in the region. Why local pros often succeed where “TV agents” don’t. 📊 Market Stats – Inventory drops from 528 to 516 active listings, with pending sales down as we head into the seasonal slowdown. Homes are selling at 98% of list price with 42 days on market. 💵 Mortgage & Economy Update – Interest rates dip to just over 6.5% on a 30-year fixed following job market revisions, with possible Fed rate cuts on the horizon. 🌿 Local Spotlight – A San Juan Capistrano gardener who went above and beyond to prep a listing for an open house. 🏢 Deal of the Week – Rare commercial lot in Lake Forest with decades of tow yard history. $2M listing perfect for contractors, storage, or specialized use — a rare find in South OC. 📍 Covering Dana Point, San Clemente, San Juan Capistrano, and Laguna Niguel — your weekly Beach Cities Market Update keeps you informed on the trends, deals, and stories shaping our market.