Huntington Beach Real Estate Market Update by Scot Campbell

October / November Vol. 9, 2019 / Circulation 16,500 Monthly

SOLD

414 9th Street Huntington Beach, CA

412 9th Street Huntington Beach, CA

New Construction, just complete: 414 9th Street is a Contemporary Open Concept 2,875 square foot floor plan with modern inspired architectural concepts. It features 3 bedrooms, 3.5 baths, spacious landscaped front patio, attached two car garage, the latest efficient new home technologies, and luxury quality finishes. First floor great room with massive gourmet island kitchen open to the living and dining areas. The 2nd Floor has Jack/Jill Bedrooms, Master Suite with 11' X 11' walk-in closet & Luxury Master Bath, and laundry room. The 3rd floor Bonus/Family Room has a Full Bath, Beverage Center, Covered Indoor/Outdoor living space + sundeck. Upgrades include: Central heating & air, tankless water heater, modern design fencing - concrete patio - firepit, designer metal gates, recessed lighting, Restoration Hardware chandeliers & pendants, European style/modern wood grain kitchen cabinetry with birch drawer boxes & soft close hardware/rollout trays, marble countertops, Premium windows, Bi-fold patio doors, JennAir: 48 inch range, 48 inch custom panel Refrigerator, Dishwasher, Under counter Wine Cooler, and Drawer style Microwave. Just a short stroll to the beach, parks, schools, Main Street, Pier & Pacific City! TEXT 4149th to 714-874-8161 For more Information and Photographs.

Scot Campbell

Broker / Global Luxury Specialist 714.336.0394 Cell / Text scot@campbellrealtors.com www.scotcampbell.com DRE #00943759

Š 2019 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell BankerŽ is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated Except Offices Owned And Operated By NRT Incorporated.

Looking for a Great Realtor to help you sell your property?

Days of Supply Metric indicates the Overall Huntington Beach Market is almost back to a Seller's Market…

September is one of the strongest months we have had in the last 3 years.

By Huntington Beach Realtor - Scot Campbell - 09/24/19 Source: Reports on Housing

Scot Campbell was the broker of record for over 1,400 Huntington Beach homes according to the Realtor MLS. Yes! That is a lot of homes… but selling the most homes is not his goal.

Scot concentrates his efforts on achieving the results that sellers want most:

Getting the property Sold… for Top Dollar…

The real estate big story in the Fall of 2019 in Huntington Beach is the huge improvement in the market conditions for selling a home… especially homes under $1 million.

with Fewer Days on the Market.

If you are having thoughts about selling your home, be sure to speak with Scot Campbell. He will listen and achieve the results you want most!

Cell/Text: 714-336-0394 Email: Scot@CampbellRealtors.com Scot is the President of Coldwell Banker-Campbell Realtors in Huntington Beach, CA. He is a Certified Global Property Specialist, and has been licensed for over 32 years. He holds a California Real Estate Brokers License and was also licensed by the State of California to do real estate appraisals. He has handled just about every type of transaction imaginable.

His undergraduate degree is in Real Estate Finance and he did is graduate studies in Economics. A Huntington Beach resident since 1973… he has been living, loving, & selling Coastal Orange County for over 45 years!

Days of Supply is the best measure of the overall market. It is defined as the number of days it would take to sell every home on the market at the current pace of sales if no new listings came on the market… this metric gives a good measure of the number of homes selling relative to the number listed. On September 19, 2019 the Days of Supply metric was 62, back to within 8% of the 5-year average (58) for the same date.

This is remarkable given the fact that back in January, the Days of Supply metric was at 125 (highest in over 10 years). On February 7, we were at 100 Days… lower than January, but 87% more days than the 5-year average (53) for that date.

The relative improvement in the market is attributable to lower mortgage rates providing the incentive for buyers to buy and homeowners to list their homes. The 4th Quarter of 2019 is going to be a good time to buy & seller real estate in Huntington Beach.

707 13th Street, Downtown Huntington Beach | ON MARKET | $2,650,000 Magnificent Mediterranean Estate on oversize lot in the "Park Area" of Downtown Huntington Beach! Located just six blocks to the beach and a short stroll to schools, parks, Main Street Village, Doggie Beach, & the new Pacific City Development. Breathtaking Architectural Design with Lush Landscaped Tropical Gardens, Fountains, Sunny Courtyard, & Sky Lit Atrium. Unique Open Floorplan Features Sun Filled Spaces and the feel of an elegant, yet casual resort! Most Importantly, it has all the functional spaces you are looking for to entertain and really enjoy beach living: Formal Living & Dining Rooms, Gourmet Island Kitchen, Casual Dining Nook, Large Family Room with Bar, Downstairs Office (could be a bedroom), laundry room, and wine cellar (downstairs powder room could be expanded into a ž bath).

Upstairs features: a luxury master suite with balcony, fireplace, separate tub & walk-in shower... 2 additional bedrooms & 2 full baths, Plus Office (could be bedroom). The Atrium is an ideal space to easily add an elevator! The 3 car garage is enormous... walls of cabinets, epoxy floor, & a full bath! RV parking space (9.5' X 25') adjacent to garage.

4 Bedrooms + Office, | 4.5 Baths | Oversize 3 Car Garage + RV Space | 4,320 ASqFt | 6,325 ASqFt Lot Text 70713th to (714) 874-8161 for Additional Info

Huntington Beach Real Estate Market Stable: Average Sale Price, Closed Sales, $PSF, All Up Slightly… Average Days on Market is Lower!

Mortgage Rates at 3-year lows great news for Buyers & Sellers!

By Huntington Beach Realtor - Scot Campbell - 09/21/19 Source: Realtor MLS/Reports on Housing

Mortgage Rates: Mortgage Rates spiked at 4.94% per the FreddieMac Mortgage Market Survey on 11/15/18, but rates have since come down to 3.73% as of 9/19/19. Jumbo rates seem to be even lower… a quick review of mortgage rates being quoted by large lenders on the web showed 3.625% for 30-Year Jumbo loans, and 3.0% for 30-Year due in 10 years Jumbo loans. Mortgage rates are up slightly from a few weeks ago, but are still near 3-year lows.

Falling mortgage rates are providing an attractive incentive to buy as we move into the fall season, and low rates will continue to offer an opportunity window for both buyers and sellers as we move into the 4th Quarter.

A review of the August 2019 Huntington Beach Residential Closed Sales shows:

Go to my website to watch detailed market update videos. www.scotcampbell.info - Market update under Resources tab

Homes Sold: In August 2019, the entire Huntington Beach market saw a total of 163 houses, townhomes, and condos sold… 96 detached properties sold and 67 attached homes sold. The sales level was 1.75% higher than the five-year average for the month of August. Detached home sales were flat and attached home closings increased 1.5% compared to August 2018.

Average Days on Market until Under Contract: The average days on market for August 2019 was 35.

Price Disclaimer: It should be noted that an increase in average price and average price per square foot of sold homes does not 100% correlate with appreciation of all homes.

If buyers just happen to be focusing their purchase on luxury homes, it is possible to have an increase in the average price of sold homes while appreciation is flat. The same is true on the downside if buyers chose to buy mostly "fixer homes" in a particular month. The best way to value an individual home is by comparing it to similar homes recently sold in the same neighborhood.

Price per Square Foot: The August 2019 Average Price per Square Foot ($PSF) for the entire market was up 3.5% yearover-year at $524 (Detached homes $528 and Attached homes $515).

Average Price: The average price of detached homes sold in August 2019 was $1,100,541 an increase of 1.1% compared to August 2018. For attached homes the average price was $670,090 a small increase of 1.1% from the same period last year.

Insight/Trend: The Summer Selling Season is over, and we are moving into normally the slower time of the year; however, with mortgage rates at 3-year lows, now is great time to transact real estate for both buyers and sellers. Favorable mortgage rates are helping to sell homes for sellers and decreasing payments for home buyers. Homes priced under $900,000 seem to be largely unaffected by the tax law changes, but the non-deductibility of SALT (state & local taxes) are a factor moving up in price segments. Buyers and sellers are "working very well together" to complete contingent transactions this year, and this trend should continue.

Sellers: Hire a great Realtor & Brokerage to effectively market you home… then: Price your home correctly, prepare it for sale, be patient, and be ready to negotiate on terms that are acceptable to you. Understand the relative strength of your market segment as your guide for pricing and marketing strategy.

Buyers: Mortgage Rates have dropped… and there are more homes on the market to choose from. This is a great time to be in the market… probably the best time in over 3 years!

If you have questions about the real estate market, buying, and selling real estate in Huntington Beach and Coastal Orange County, contact Scot Campbell… he can answer just about any real estate question you might want to ask.

Mobile Phone/Text: 714-336-0394 Email: Scot@CampbellRealtors.com

526 10th St. Downtown Huntington Beach | New Listing!

Enjoy sunset walks on the beach, world class surfing, bike rides, fine dining, and entertainment‌ this enviably located home is "close, but not too close" to world-famous beaches, shops, restaurants, schools, & the new Pacific City Development!

Custom-built by "Goodman Development" and subsequently enhanced to include a variety of high-end features & finishes.

A tranquil & private front courtyard leads to a magnificent front door. Inside, the formal living room has access to the front patio via double French doors, and the adjacent dining area is ideal for dinner parties & family gatherings.

The stunning gourmet kitchen includes custom cabinetry, large island, walk-in pantry, fireplace, & nearly new professional-grade appliances by Viking. Complete with a Firemagic BBQ & cooktop in the patio area, the downstairs area of this home is perfectly suited for entertaining guests. Upstairs is a family room with fireplace, two story ceilings, & built-in cabinets, flatscreen TV, & surround sound speakers. The 2nd level also features a powder room, Jack/Jill bedrooms, and a sumptuous master suite with its own balcony, walk-in closet, and separate shower & spa tub. The 3rd level is a versatile space, it features its own full bath in addition to a deck and living area which can be an office, bonus room, or guest bedroom.

3 Bedrooms + 3rd Floor Bonus Room | 3 Full Baths 2 Powder Rooms | 2,875 Asq.ft. | $1,695,000 Text 52610th to (714) 874-8161 for additional info and photography

Move-in Ready

Luxury Quality contemporary NEW HOME loaded with upgrades including professional appliances, hardwood flooring, wired for cameras & multi-zone music, 2 laudry rooms, built-in spa & firepit! Located just a few blocks from the beach & new Pacific City Development with fantastic restuarants, shopping, & Pasea Hotel... and the Main Street Village is also close-by with over 30 restaurants, shopping, Pier, & amphitheater.

805 & 807 Alabama Street | 4 Bedrooms | 3.5 Baths | 3,149 ASqFt | 2 Car Attached Garage | $2,099,000 Each

805 & 807 Alabama Street

DOWNTOWN HUNTINGTON BEACH NEW CONSTRUCTION

623 13th Street Huntington Beach

625 13th Street Huntington Beach

Available $2,195,000

Available $2,195,000

PLAN 1

PLAN 2

Contemporary Open Concept 2,875 square foot floor plan with 3 bedrooms, 3.5 baths, spacious landscaped front patio, attached two car garage. First floor great room with massive gourmet island kitchen open to the living and dining areas. 2nd Floor has Jack/Jill bedrooms, master suite with 11' X 11' walk-in closet, luxury master bath, & laundry room.

The 3rd floor Bonus Room has a full bath, bar area, covered indoor/outdoor living space, & sundeck.

Exquisite Open Concept 2,875 square foot floor plan with 3 bedrooms, 3.5 baths, spacious landscaped front patio, attached two car garage. First floor great room has soaring two story ceilings and a massive gourmet island kitchen open to the living and dining areas. The middle level has two en-suite bedrooms, family room, balcony, & laundry. On the 3rd floor is the amazing master suite with luxury master bath, large walk-in closet, retreat, & sundeck.

Modern inspired architectural concepts with the latest efficient new home technologies, & luxury quality finishes: Central heating & air, tankless water heater, modern design fencing, concrete patio, firepit, designer metal gates, recessed lighting, Upgraded Hardware, chandeliers, & pendants, European style/modern wood grain kitchen cabinetry with soft close hardware/rollout trays, marble countertops, Premium windows, Bi-fold patio doors, Thermador 48 inch range, 48 inch custom panel refrigerator, dishwasher, Under counter wine cooler, and Drawer style microwave.

16846 Bayview Drive, Sunset Beach, CA | ON MARKET | $2,100,000 This waterfront home on Sunset Island in Huntington Beach is a modern masterpiece with design elements and luxury finishes (Subzero & Wolf appliances, Hansgrohe Axor fixtures, & more) which will delight buyers looking for a contemporary home with clean lines. It is Located on the water with a private boat dock, yet it is just a two block stroll to the soft & uncrowded sands of Sunset Beach. Entering the home, you are drawn into the downstairs family room with flat screen TV & built-in island bar. The bi-fold doors open to a sunny waterfront patio with gangway access to a private boat dock… The 2nd level features a gourmet island kitchen, dining room, living room, two bedrooms, and laundry room. The 3rd floor is the luxury master suite with separate retreat & office areas… finally there is an enormous 4th floor rooftop deck with panoramic views! The home features attention to detail and luxury finishes throughout… it must be seen to be appreciated. Sunset Beach is a stretch of golden sand located north of Warner Avenue & south of Surfside Colony. The sand and surf are uncrowded… almost like a private beach! The area is known for its Annual Art Festival, eclectic architecture from “cottages & sand castles” to custom contemporary homes. An active community, many waterfront Sunset Island residents enjoy kayaking & paddle boarding as much as surfing and evening strolls on the sand and Duffy boat cruses. For fishermen & boaters, Catalina is just 24 miles across the sea!

Waterfront Home | 3 Bedrooms, 3 Baths | 2,912 ASqFt | Boat Dock | 2 Car Attached Garage + 2 Spaces

Text 16846 bayview to (714) 874-8161 for Additional Info & Photographs

16412 Ardsley, Humboldt Island, Huntington Harbour | ON MARKET Rebuilt Luxury Waterfront Home with 97 feet of frontage on beautiful Christiana Bay in Huntington Harbour! Plenty of room on the 85 foot dock for your yacht, Duffy, skiff, kayaks, sabot, & paddle boards‌ enjoy gorgeous views from the amazing waterfront sunroom where you can watch friends & family sail & paddle the nice calm water of the bay.

And, during the holidays, your fortunate guests will have a front row seat of the boat parade! No details were overlooked in the construction of this amazing contemporary home in 2011. Sound system, surveillance system, smart home features, gourmet island kitchen, climate controlled wine room, office with bay view, side-by-side aquariums, luxury quality finishes, and so much more!

4 Bedrooms + Office, 3.5 Baths | 4000+ ASqFt | 97 Feet on Water | 85 Foot Dock | 3 Car Garage | $4,250,000

Text 16412ardsley to (714) 874-8161 for Additional Info & Photographs

16282 Typhoon Lane, Trinidad Island | IN ESCROW This Trinidad Island off-water home was enlarged & rebuilt in 1988, and has all the features you have been looking for: Quiet interior tract location, 5 Bedrooms, 3.5 Baths, approximately 3650 square feet of living area, sunny back yard, enlarged island kitchen open to the casual dining area & family room, formal living & dining rooms, and an attached 3 car garage with spacious driveway. The master suite is enormous with double sided fireplace, office, water view retreat, walk-in closet, and spacious bathroom. Of course, there is nothing like the Trinidad Island Lifestyle, it features a beach, two playgrounds, very large greenbelts, and waterfront walkway for evening strolls. You can rent a boat dock for your skiff, Duffy, or Yacht up to 40+ feet! This is simply one of the finest neighborhoods in Coastal Orange County. Located in the award winning Harbour View Elementary School District‌ ideal for families who need "space" and want a quiet location within a fantastic neighborhood!

5 Bdrms, 3.5 Baths | 3 Car Garage | 3,650 ASqFt | $1,499,000

Text 16282typhoon to (714) 874-8161 for Additional Info & Photographs

16231 Santa Barbara Lane, Huntington Harbour, CA | IN ESCROW This Gorgeous Home is located in 24 Hour Guard Gated Community of Faire Marin. Grandy Entry with soaring ceilings, Formal Living Room with Fireplace, Formal Dining Room with Wet bar/Wine cooler. Spacious Master Bedroom with Fireplace. Travertine Flooring, Vaulted Ceilings, Custom staircase railing, Hardwood Floors, Beautiful Granite Island Kitchen with stainless appliances, Central Air Conditioning, and Low Maintenance Back Yard. Award winning Harbor View Elementary, Public Tennis Courts, Playground, Habour Mall, and Humboldt Beach are all close by!

5 Bedrooms | 5 Baths | Office | 3 Car Garage | 4,078 ASqFt | Pool & Spa | Boat Dock | $3,195,000

Text: santabarbara to (714) 874-8161 for additional Info & Photographs

Buildable Home Site For Sale: 3904 River Avenue, Newport Beach, CA | ON MARKET The property is located along the waterfront in an area known as the Balboa Peninsula. The site is occupied by 1,782 square foot single family dwelling built in 1945 with 3 bedrooms, 2 baths, & 2 car garage. The lot is 28.57 feet wide and 100 feet deep. The site fronts River Avenue and backs to the Rivo Alto Waterway which is 100 feet across. The site appears to be developable for a 3-story single family residence of approximately 2,900 square feet, with boat dock, waterfront patio, 2 car garage, and rooftop living space. Sales comparables & active listings in the area support a sale price of $5,000,000 to $5,500,000 depending on the size, design merits, and finish quality of the New Structure. The seller has Preliminary Architectural Plans, Drainage & Grading plan, Landscaping Plan, Coastal Hazard Analysis Report, and Sea Wall Report.

3 Bdrms, 2 Baths | 2 Car Garage | 1,782 ASqFt | Lot is 28.57 feet wide and 100 feet deep | $2,395,000

Text 3904river to (714) 874-8161 for Additional Info & Photographs

16112 Whitecap Lane (Faire Marin) Huntington Harbour, CA | ON MARKET This Gorgeous Home is located in 24 Hour Guard Gated Community of Faire Marin. Grandy Entry with soaring ceilings, Formal Living Room with Fireplace, Formal Dining Room with Wet bar/Wine cooler. Spacious Master Bedroom with Fireplace. Travertine Flooring, Vaulted Ceilings, Custom staircase railing, Hardwood Floors, Beautiful Granite Island Kitchen with stainless appliances, Central Air Conditioning, and Low Maintenance Back Yard. Award winning Harbor View Elementary, Public Tennis Courts, Playground, Habour Mall, and Humboldt Beach are all close by!

4 Bedrooms or 3 Bedrooms + Office | 3.5 Baths | 3,500+ SqFt | Off Water ~ Interior Tract | 2 Car Garage

7061 Coos Court, Huntington Beach | ON MARKET | $825,000 THE TIDES is a beautiful Gated community of attached single family residences located adjacent to SeaCliff Center & 1.2 miles to the beach. It features a community pool/spa, lush landscaping, & private streets. Remodeled kitchen,Walk-in laundry room, spacious master suite, walk-in closet, 2 car garage, large back patio with firepit, wood floors, recent interior paint, A/C, and more!

3 Bedrooms | 2.5 Baths | ASqFt.1,614 Text 7061coos (714) 874-8161 for Additional Info & Photographs

1206 Pine Street, Huntington Beach | CLOSED

17321 Wareham Ln, Huntington Beach | CLOSED

This Modern Farm House it is as much a piece of art as it is a functional living space. Open Concept floor plan‌ you are greeted by a Chihuly inspired chandelier & floating three-sided fireplace which is the focal point of the foyer, living room, & kitchen. The home has 4 Bedrooms + Den, 3rd Floor Office, 5 Baths and approx. 4,000 square feet of living area + an over sized 4 car garage.

Here is a Britewater "Sands" Plan 2 with a fantastic location! The oversize lot is private and offers lots of sunshine and entertaining area: with outdoor fireplace, covered patio, rock water fall, built in fire pit with sitting area, & BBQ island. The kitchen features granite counter tops, wood cabinets, and Viking Professional Series stainless steel appliances, including a refrigerator.

4 Bdrms + Retreat | Office | 5 Baths | 4 Car Garage | 4,000 ASqFt

4 Bdrms + Office Nook | 3 Baths | 2,089 ASqFt | 2 Car Garage SOLD Full Price by Scot with Multiple Offers | $1,249,900

Highest Priced Sale in Park Area 2019, Multiple Offers | $2,899,900

Instant Home Value Reports Available www.HBhomeValue.INFO

Neighborhood Sales Update - Closed Sales Last 31 days 8/23 - 9/23/19 Hun�ngton Harbour l Downtownl SeaCliffl Edwards Hill

Address 410 Lake 5361 Bonanza 17064 Bluewater 16461 Germain 16291 Countess 4194 Delphi 3275 Francois 16255 Pacific 3347 Tempe 4167 Warner 200 PCH 3244 Sparkler 17042 Bluewater 15958 Mariner 7932 Waterfall 21339 Cieza 4195 Davis Cup

BR 1 2 1 2 1 2 2 3 2 2 2 3 1 2 2 2 3

BA 1 1 1 3 1 3 3 3 3 2 2 3 1 2 3 3 3

SqFt 900 1,389 716 1,432 898 1,611 1,648 1,873 1,580 1,467 1,181 1,673 799 1,330 1,679 1,843 2,120

Price $ 504,900 $ 595,000 $ 605,000 $ 645,000 $ 667,500 $ 670,000 $ 680,000 $ 700,000 $ 725,000 $ 775,000 $ 787,500 $ 848,000 $ 850,000 $ 890,000 $ 905,000 $ 950,000 $ 965,000

l

Bolsa Landmarkl Britewaterl Summerlane Areas

Address BR BA SqFt Price 18011 Upperlake 3 2 1,800 $ 975,000 406 16th 3 3 1,958 $ 1,000,000 5266 Acorn 3 3 2,077 $ 1,020,000 206 Lincoln 3 3 2,025 $ 1,075,000 509 Lake 3 3 1,872 $ 1,090,000 613 8th 2 3 2,552 $ 1,100,000 6891 Lawn Haven 3 2 1,740 $ 1,132,000 4192 Racquet Club 3 3 2,260 $ 1,143,000 5262 Allstone 4 3 2,417 $ 1,175,000 16276 Pacific Circle 3 4 2,118 $ 1,220,000 19442 Surfdale 6 3 2,832 $ 1,230,000 427 20th 3 3 1,997 $ 1,275,000 3432 Windspun 3 3 1,890 $ 1,290,000 4141 Branford 4 3 2,406 $ 1,370,000 16811 Sea Witch 4 3 2,467 $ 1,400,000 422 7TH 3 3 2,612 $ 1,475,000 16437 Wimbledon 2 3 1,999 $ 1,515,000

Address BR BA SqFt Price 18936 Silverbit 5 5 3,660 $ 1,620,000 6781 Findley 5 5 3,072 $ 1,650,000 6401 Silent Harbor 4 5 3,859 $ 1,650,000 6946 Preakness 4 4 3,809 $ 1,825,000 4871 Oceanridge 4 4 3,583 $ 2,000,000 3591 Rebel 3 4 3,377 $ 2,000,000 6432 Silent Harbor 4 4 3,475 $ 2,200,000 6972 Derby 5 4 3,276 $ 2,225,000 17007 Edgewater 5 4 3,466 $ 2,300,000 16701 Bolero 4 4 3,317 $ 2,500,000 1737 Park 4 4 3,176 $ 2,554,000 6672 Shire 4 3 3,388 $ 2,675,000 17041 Marinabay 4 4 2,813 $ 2,950,000 16931 Coral Cay 4 3 3,216 $ 2,995,000 16522 Somerset 2 2 2,395 $ 3,000,000 16681 Carousel 4 5 4,331 $ 4,368,000

(Data per Realtor MLS. It is not my intention to imply that our office acted as an agent for the buyer or seller.)

Orange County Housing Market Summary September 24, 2019 by Scot Campbell Source: Reports on Housing

The active listing inventory decreased by 137 homes in the past two-weeks, down 2%, and now totals 6,860. Last year, there were 7,207 homes on the market, 347 more than today.

Scot Campbell has a Five Star Rating Read his Reviews at www.MyPastClientReviews.com

Demand, the number of pending sales over the prior month, downshifted considerably in the past two-weeks and decreased by 127 pending sales, down 5%, and now totals 2,401. Last year, there were 2,167 pending sales, 10% fewer than today.

The Days of Supply (time it would take to sell every house on the market at the current pace of sales if no new homes were listed) for all of Orange County is 86 days, a slight Seller's Market (between 60 to 90 days). It was at 100 days last year, a much slower market.

For homes priced below $750,000, the market is a Hot Seller's Market (less than 60 days) with a Days of Supply of 57 days. This range represents 38% of the active inventory and 56% of demand.

For homes priced between $750,000 and $1 million, the Days of Supply is 72 days, a slight Seller's Market. This range represents 19% of the active inventory and 22% of demand.

For homes priced between $1 million to $1.25 million, the Days of Supply is 108 days, a Balanced Market.

The luxury end, all homes above $1.25 million, accounts for 34% of the inventory and only 14% of demand: For homes priced between $1.25 million and $1.5 million, in the past two weeks, the Days of Supply showed an improvement, decreasing from 146 to 136 days. For homes priced between $1.5 million and $2 million, the Days of Supply increased from 147 to 155 days. For homes priced between $2 million and $4 million, the Days of Supply increased from 220 to 278 days. And, for homes priced above $4 million, the Days of Supply increased from 527 to 555 days.

There were 2,823 closed residential resales in August, 0.6% more than August 2018's 2,806 closed sales. The sales to list price ratio was 97.2% for all of Orange County. Foreclosures accounted for just 0.2% of all closed sales, and short sales accounted for 0.3%. So, 99.5% of all sales were sellers with equity.

Scot is extremely professional, level headed and factual. He's an ace in my pocket. This year, Scot sold both my properties located at 301 & 303 12th Street, Huntington Beach CA for $4.25MM setting the record price in the downtown market. We had a quick close and every aspect of the transaction was thought thru and addresses to ensure a smooth closing.

Scot was amazing. He was with me through the whole process. Fair and most of all Honest. I had a very difficult Escrow and Scot made it happen. I cannot Thank him enough. (5) Stars all the way.

Scot and his staff assisted our family in purchasing our new home and sell our old one. His knowledge, experience and resources made all the difference in helping reconcile any and all the potential issues and roadblocks we encountered through this major transition. He is a true professional.

Coldwell Banker Campbell Realtors

Local Postal Customers

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Coldwell Banker - Campbell Realtors 9 Annual

Pumpkin Patch Festival www.HBPumpkinPatch.com

Sat Oct 19, 2019 10am to 3pm COLDWELL BANKER 1720 Pacific Coast Hwy, Huntington Beach, CA

FREE Pumpkin for Every Child

*while supplies last

Carnival Games, Prizes, Face Painting, Photo Booth and More! Proceeds go to the Huntington Beach Police and Community Foundation

9th Annual "FREE Pumpkin Patch at the Beach"…

Well, it is actually across the street from the beach at PCH & 18th Street!

During the first few years of our pumpkin patch, the proceeds benefited the Huntington Beach Education Foundation.

In recent years, the proceeds have gone to the Huntington Beach Police & Community Foundation. Check out these organizations on the web, they do wonderful things for our community. Donations are appreciated (including checks, cash, prizes, gift certificates, sports tickets, new bicycles/skateboards, surfboards… anything kids would like & parents would buy! We will have a silent auction: please email Kim@campbellrealtors.com if you have a donation).

Hot Tip: Parking is sometimes a bit tough, if you live close by, walk on over. If not, there is plenty of parking 3 blocks away at the Senior Center at 18th & Orange. A wagon or stroller is very nice to help with your pumpkin(s).

Scot Campbell

Over 1,400 Homes Brokered Over a 32+ Year Career.

714-336-0394 www.ScotCampbell.com Scot@CampbellRealtors.com DRE 00943759

© 2019 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated Except Offices Owned And Operated By NRT Incorporated.