Realty Digest for Huntington Beach CA by Scot Campbell

December 2020 / Circulation 17,500 Monthly

www.RealtyDigestOnline.com

Happy New Year! I can say with certainty that it has been an unusual year for the City of Huntington Beach. Who would have thought our citizens would face so many challenges: Illness & death in our families, business shut-downs, No 4th of July Fireworks, No U.S. Open of Surfing, No Pacific Airshow, and Rioters targeting our Main Street Shops. But as the end of 2020 grows near, I can say that the future of Huntington Beach is bright. There is growing interest in living in our community and property values have never been higher. Now is a great time to buy and sell a home in Surf City.

SCOT CAMPBELL COLDWELL BANKER - Campbell Realtors Broker / Global Luxury Specialist 714.336.0394 Mobile / Text scot@campbellrealtors.com www.scotcampbell.com DRE #00943759

Huntington Beach Market Update November 2020 By Scot Campbell, Realtor 12/18/20 Source: Realtor MLS

Happy New Year! Dear Clients, Friends, & Family – Reflecting upon a most unusual year, I admit it included some of the best & worst of times. It was the year my son completed his senior year of high school, and graduated with honors, but did not participate in a traditional commencement ceremony. Yet, with Luke attending CSULB online from home, we had our family together an extra year before he departs for college.

The Huntington Beach residential real estate market performed remarkably well in November 2020. It was a month that had 81 new listings, yet 123 properties sold. A year ago, those respective numbers were 88 and 90. And, listen to this… the Median Days on Market was 10, last year it was 34 days. Clearly, most of the homes sold had one or more buyers “ready & waiting”. The November 2020 market statistics are telling us loud & clear: “January 2021 is going to be a Great Time to Sell a home in Huntington Beach”. If you have questions about buying or selling, I am happy to communicate by phone, text, email, zoom or in person (safely) at your home or our Covid Safe outdoor conference areas. Compared to the same period last year, sales are up 36.67%, New listings are down 7.95%, and Average Days on Market is down all the way to 28 (from 49 last year).

It was a very successful year for my personal closed sales volume, and a year of tremendous innovation in real estate marketing. HDRI photography increased listing clickthroughs, and the unique 360 Aerial & 3D Tour platforms I implemented during the early days of the pandemic helped sell property rapidly while reducing physical showings. Finally, several powerful exclusive Coldwell Banker marketing systems were launched and implemented. I can say with certainty, that my tool chest & skillset for effectively marketing homes for clients improved dramatically as a direct result of the challenges we faced in 2020. Our family has remained healthy this year, and for that I am grateful. I wish you a joyful and healthy 2021.

Scot Campbell, Broker Cell/Text: 714-336-0394 Scot@CampbellRealtors.com www.ScotCampbell.com DRE #00943759

Compared to the same period last year, the Median Sales Price increased 2.84%, the Average Sales Price increased 3.35%. The Median List Price of Sold Listings increased 3.11% and the Average List Price of Sold Listings increase 1.15%.

Remarkably, the Sales Price as a Percentage of Original List price was effectively 100% in November 2020. Looking back over the last three years, this metric has fluctuated between 96% and 99%.

In most months over the last three years, the number of units listed was greater than the number of units sold. The Supply of Inventory was between two and three months. In November 2020, substantially more homes were sold than the number listed at the end of the month, and the Months Supply of Inventory fell below one.

Luxury Listings by Scot Campbell

10505 S Morada, Orange Park Acres 3D Tour & Details: www.10505Morada.info

“Weatherly Bay” Townhouse, Huntington Harbour Coming Soon!

Come join the coastal lifestyle at Weatherly Bay… stroll to the sand or Bolsa Chica Wetlands, go for a surf, play tennis, take out your paddleboard or kayak in the harbour, or take your boat out to fish or cruise!

Offered at | $5,100,000

16255 Tisbury, “Humboldt Island”, Huntington Harbour

606 13th Street, “Downtown,” Huntington Beach

4 BR | 4.5 BA | 4,000 Asqft | 57’On Water | Spa | Side Tie Dock

3 BR | 3.5 BA | 3106 SF | Elevator | Lot is 27ft wide | Multilpe Decks

3D Tour & Details: www.16255tisbury.info

3D Tour & Details: www.60613th.info

Custom 2007 built Mediterranean waterfront estate on a quiet cul-de-sac, 57 feet water frontage, side-tie boat dock configured with an end cap for a Duffy. Home is an entertainer’s dream, and a great place to watch the sunset!

NEW CONSTRUCTION ~ A beautifully upgraded Custom Home on a very quiet street with a 2 foot wider lot, 8% more living area, elevator, and amazing 3rd Floor: Two sundecks, two indoor/outdoor living spaces, Bonus Room, & Full Bath!

Offered at | $3,695,000

Offered at | $2,599,000

805 Alabama Street, “Downtown”, Huntington Beach

807 Alabama Street, “Downtown”, Huntington Beach

4 BR | 3.5 BA | 3149 Asqft | 3125 SF Lot | Spa | New Construction

3D Tour & Details: www.805alabama.info

3D Tour & Details: www.807alabama.info

Amazing contemporary New Home located 8 blocks from the beach & Main Street Village. Private back yard with built-in Spa & Gas Fire Pit. The soft sands & consistently rideable waves of Surf City are nearby. Builder syas elevator could be added for 1st to 2nd Floor.

Amazing contemporary New Home located just 8 blocks from the beach & Main Street Village. Private back yard with built-in Spa and Gas Fire Pit. The soft sands and consistently rideable waves of Surf City are a short stroll away! IN ESCROW

Offered at | $1,899,900

615 & 617 7th Street, “Downtown”, Huntington Beach

3D Tour & Details: www.615and617seventh.info NEW CONSTRUCTION See Model Match Homes at 412 & 414 9th Street for Upgrades & Finishes! Located just a short stroll from Parks, Schools, Pier, Beach, Main StreetVillage, and the exciting Pacific City Development!

Available | Call Scot for more details!

16760 A Bay View Dr, “Sunset Island”, Hunt. Beach 3 BR | 3.5 BA | 2,780 Asqft | 3 Car Garage |

3 Story + Roof Deck | Elevator | Great Rooftop View!

3D Tour & Details: www.16760a-bayview.info NEW CONSTRUCTION nearing completion! Beautifully Upgraded Contemporary Detached Single Family Home. Just 3 blocks to the beach and a short stroll to restaurants & Peter’s Landing Marina. Available | Call Scot for more details!

Luxury Listings

506 Pierside Circle, “Downtown” Huntington Beach

16412 Ardsley, “Humboldt Island”, Huntington Harbour

3 BR + Den/Office | 2.5 BA | 2,074 SqFt | 2-Car Garage

In Escrow 3D Tour & Details: www.506pierside.info

Property Tour: www.16412ardsley.info

Very Rare “Pierside Estates” Home. Great Room w/Fireplace, A/C, Nicely Remodeled Kitchen, Master Suite w/Balcony, and Backyard. Short Stroll to Library, Restaurants, Shops, Pier, & Beach. Community Pool, Spa, Sauna, BBQ, Shower, and Bathrooms. List $1,199,900

Beautifully rebuilt waterfront home with panoramic view of Christiana Bay. Watch paddle boarders, kayakers, and other boaters cruise by this idyllicsetting… and home has a front row seat for the Holiday Boat Parade! CLOSED $3,685,450 | Scot Reprsented Buyer & Seller

415 Townsquare Lane #217, “Downtown” HB

16692 Baruna, “Davenport Island”, Huntington Harbour

In Escrow 3D Tour & Details: www.415townsquare.info

3D Tour & Details: www.16692Baruna.info

Popular Townsquare Condominium – Short Stroll to Library, Restaurants, Shops, Pier, and Beach. Updated Inside, Open Floor Plan, Balcony, A/C, Fireplace, Marble Kitchen Countertops, Modern Appliances, Master Suite, Community Pool, Spa, Sauna, BBQ, Shower, and Baths. List $725,000

Davenport Island has a beach, playground, and basketball court which is very popular with the residents. Spectacular, panoramic waterfront view facing an open key, plus a large covered rear deck that is ideal for entertaining, or for just enjoying that morning cup of coffee. Offered at | $2,750,000

2 BR | 2 BA | 1,147 SqFt | 2 Gated Underground Parking Spaces

3 4 BR | 3.5 BA | 3000 ASqFt | 55’ on water | Side-Tie Dock

My New Virtual Tour Platform allows me to do “Live Virtual Open Houses” with “in-tour audio”. It also has a “doll house” view, 2D floorplan, and annotated details about the upgrades. Example Property Tour:

www.60613th3Dtour.info

A Game Changing Virtual Tour Platform has emerged… let me tell you about it. Before I tell you about it, I wanted to mention that I hope that you are your family are well. Also I wish to express my continued sincere appreciation for the healthcare workers in our community on the front lines fighting the COVID-19 virus. There are now countless platforms for interior home Virtual Tours. All the systems have excellent 3D images provided a quality camera is used. Some systems have tiles along the bottom to move through the house, others have circles or arrows. One of the best Virtual Tour features is the “doll house” view (made famous by Matterport). Some systems can also generate a 2D floorplan, which buyers have relied on for years. But, what these systems all lack is the detailed information about the upgrades and features of the home that many buyers would like to know as they “walk through”. And, “live” simultaneous communication with the Realtor (similar to the traditional open house experience), has not been available in the virtual tour systems.

The NEW Virtual Tour Platform I implemented for my three most recent listings has all the functionality that was missing in previous virtual tour platforms:

Buyers like to see the overall neighborhood, so I am now using Aerial 360 Tours for all my listings where drone flights are allowable. Example Aerial Tour:

www.Sunsetisland360Aerial.info

I believe Coldwell Banker - Campbell Realtors is the only real estate brokerage in Huntington Beach using these two advanced tour systems. If you are thinking about selling and want the best possible marketing experience for your home, please contact me via phone or text at 714-336-0394.

I can now annotate the upgrades in your home inside the tour giving URL links to features like your new wood flooring, built-in refrigerator, air conditioning, and anything else you want the buyer to know about.

There is also a 2D Floorplan drawing inside the platform.

Most importantly, I can now “Live Walk” the buyer though the home tour… it is like a Zoom Meeting inside of the tour platform.

Like Zoom, multiple buyers on separate devices can be on the “Live Walk” through the home. Perhaps the husband is on an iPhone watching the kids play at the park, the wife is at home on a desktop, and the grandparents were invited to participate on their tablet. Either myself, or any one of the participants can manipulate the movement through the various “3D Views” of the house.

Want to see a 3DTour that generated 7 showings the First Day the home was on the Market? Take a look at www.18845Rockinghorse3Dtour.info

Recently Closed by Scot Campbell

1017 Delaware Street, “Downtown”, Huntington Beach

622 13th Street “Downtown” Huntington Beach

3 BR | 3 BA + 2 Half BA | 2875 Asqft | 3rd Fl Bonus RM | 2 Car Gar

3D Tour & Details: www.1017delaware.info

Property Tour: www.62213th.info

Beautifully constructed custom home with amazing 3rd floor master suite, and Bi-fold doors onto sunny rear patio. Features contemporary clean lines & fabulous finishes, upgrades, and elevator to all three levels. Must see home!

Arguably the highest quality resale newer home available in Huntington Beach today. This is a Luxury Quality home built in 2015. One of the best locations in Downtown Huntington Beach.

CLOSED | $1,635,000 | SOLD by Scot

CLOSED $1,880,000 | Sold above Sales Comparables

413 California Street, “Downtown”, Huntington Beach

608 13th Street, “Downtown,” Huntington Beach

Property Tour: www.413california.info

3D Tour & Details: www.60813th.info

Beautifully constructed New Home with contemporary architecture and fabulous finishes, upgrades, and entertaining spaces. Large front patio, multiple balconies, 3rd Floor is like a luxury hotel suite…quiet location just 4 blocks to Pacific City.

NEW CONSTRUCTION ~ Located just 5 blocks from the beach! Ideal for those who want to be “refreshed” everyday by a residence with clean lines and lots of natural light. Exquisite Open Concept floorplan! with modern inspired architectural concepts finished with smooth stucco.

CLOSED $1,899,000 | Closed for Full Price

CLOSED $2,250,000 | Scot Reprsented Buyer & Seller

3 BR | 3.5 BA | 2856 SF | Offered at $2,298,000

www.18845rockinghorse.info

www.62313th.info

3 BR | 3.5 BA | 2,875 Asqft | Bonus Room | New Construction SOLD by Scot, Represented Seller $2,149,900 02/26/20

www.50213th.info

3 BR | 2 BA | 1,438 Asqft | 3,795 SqFt Lot SOLD by Scot, Represented Seller $1,375,000 02/18/20

www.16821seawitch.info

4 BR | 2.5 BA | 2,813 Asqft | 6,000 SF Off Water Lot | 2 Car Gar SOLD by Scot, Represented Seller $1,442,000 08/05/20

www.215lincoln.info

43 X 125 Foot lot with 855 SqFt “Tear Down” 2 BR 1 BA Cottage SOLD by Scot, Represented Seller & Buyer $875,000 9/4/20

www.70713th.info

4 BR | 5.5 BA | 4,320 Asqft | 5,850 SF Lot | 3 Car Garage SOLD by Scot, Represented Seller $2,625,000 01/13/20

www.326crest.info

4 BR | 3.5 BA | 3,425 Asqft | 5,850 SF Lot | 3 Car Garage SOLD by Scot, Represented Buyer $1,900,000 08/21/20

www.4149th.info

3 BR | 3.5 BA | 2,875 Asqft | Bonus Room | New Construction SOLD by Scot, Represented Seller $2,225,000 01/20/20

www.1020delaware.info

1020 Delaware St., Downtown Huntington Beach | $1,125,000 SOLD by Scot, Represented Seller 6/15/20, 15 Days on Market

www.19267surfwave.info

19267 Surfwave, “Surfcrest” Huntington Beach | $975,000 List SOLD Representing Seller, 3 BR 2.5 BA Bermuda Model

www.16872clovergreen.info

16872 Clovergreen, “Summerlane” Huntington Beach | $1,120,000 SOLD by Scot, Represented Seller 3/25/20, Record Price/33 DOM

www.6221pacificpoint.info

6221 Pacific Point, “Mystic Point”, Huntington Beach SOLD by Scot, Represented Buyer 6/1/20, 30 Day Escrow!

www.3436windspun.info

3436 Windspun, “Seagate” Huntington Harbour | $1,350,000 SOLD by Scot, Represented Buyer 5/28/20, Success Story 0 DOM

www.16821stonehaven.info

16821 Stonehaven Cir., Huntington Beach | $1,399,900 SOLD Full Price by Scot, Represented Seller 5/28/20, 14 DOM

www.20820th.info

www.17011malta.info

17011 Malta Circle, Huntington Harbour | $1,325,000 SOLD by Scot, Represented Seller 3/31/20, 32 Days on Market

How Might the Passage of Proposition 19 Help You?

Scot Campbell, Realtor 714-336-0394 www.RealtyDigestOnline.com Scot@CampbellRealtors.com

Background: Prop 19 allows a homeowner who is 55 years of age or older, severely disabled or whose home has been substantially damaged by wildfire or natural disaster to transfer the taxable value of their primary residence to: 1. 2. 3. 4.

a replacement primary residence any where in the state, regardless of the value of the replacement primary residence (but with adjustments if replacement has a greater value), within two years of the sale and up to three times (or as often as needed or those whose houses were destroyed by fire).

The prior rule limited this exemption to a one-time transfer within the same county (Prop 60) or between certain counties (Prop 90). Scenario #1: Perhaps you already used the “once in a lifetime” transferability of property taxes… Well, thanks to Proposition 19, you now have two more opportunities to transfer your property tax basis. So, if you already transferred your property tax assessment once, but you would like to move to a more suitable home Proposition 19 allows you to make that move! Scenario #2: Perhaps you have been wanting to move to a county in the State of California that did not offer reciprocity under Proposition 60/90 previously…

Well, thanks to Proposition 19, you now can make that move and transfer your property taxes to a home in a county that previously did not allow transfer of your property tax assessment.

Scenario #3: Perhaps your current residence is not suitable for you. Let’s say it is a two story in need of remodeling, and you want to buy a brand new or completely remodeled single story which is substantially more expensive than the value of your current residence. Previously Proposition 60 would only have allowed you to buy a replacement home for 5% over the sale price of your current residence. Well, thanks to Proposition 19, you can buy that brand new single story that is beautiful and has the ideal layout for you even if it is 6%, 10%, or even 100% more expensive than your current residence. You can transfer your property taxes, but your property tax assessment increases by the incremental difference in value between the old home and new home. Scenario #4: Perhaps you want to buy a bigger home which will allow you to combine households. Let’s say, you want to buy a home which will fit you, your daughter, and her family all under one roof. You will be able to help with the grand kids, and they will finally be able to stop being renters. Previously Proposition 60 would only have allowed you to buy a replacement home for 5% over the sale price of your current residence. Well, thanks to Proposition 19, you can buy a home that is 6%, 10%, or even 100% more expensive than your current residence; perhaps something that has a guest house for you and a main house for your daughter and the family. You can transfer your property taxes, but your property tax assessment increases by the incremental difference in value between the old home and new home. Scenario #5: Perhaps you have wanted to sell your home, or sell one of your rental homes but you have not done so because the property taxes are low and you want your kids to inherit the low property tax basis. Well, this is the part of Proposition 19 that hurts… if your heirs do not move into your home or rental when they inherit it, Proposition 19 results in the reassessment of the property up to market value. So, there is no reason to “hold onto” a property so your heirs can inherit low property taxes (if you know they would never move into the home/rental). It is time for you to do whatever you would rather do… do not let the “Tax-Tail Wag The Dog”. NOTE: Proposition 19 takes effect on April 1, 2021… Always seek expert tax advice before making a move.

Local Postal Customers COLDWELL BANKER Campbell Realtors 1720 Pacific Coast Hwy, Suite 101 Huntington Beach, CA 92648