M A R C H 2 0 1 8
t he
GREEN sheet
TA L EGA’S RED-HOT RE A L E STAT E M A R KE T
S A N C L E M E N T E C E L E B R AT I N G 9 0 Y E A R S As our beloved “Spanish Village by the Sea” celebrates its 90th anniversary, our team at Echelberger Group is grateful to be a small part of its rich, vibrant history. Like San Clemente’s founder, Ole Hanson, we share the vision of a healthy, happy community where residents can live, work, play and, most importantly, create cherished memories that will last a lifetime. We were thrilled to partake in some of the celebration’s funfilled events, which took place on February 24 and included a free Children's Fishing Derby on the pier, a Marine Safety Open House on the beach, trolley rides featuring guided tours of historical sites, food trucks, an Ole Hanson Beach Club Historical Exhibit, a classic fried chicken luncheon, a cake-cutting ceremony, old-fashioned ice cream social, and a synchronized swimming performance. Hundreds of kids and adults alike learned about San Clemente and its origins, enjoyed its worldfamous climate and took full advantage of its pier, parks and beaches. "As a native of San Clemente, I've witnessed the city grow and prosper while still retaining its small-town vibe," noted Doug Echelberger, San Clemente's number-one real estate agent. "My team at Echelberger Group and I are so proud to be a part of San Clemente's rich and enduring history." San Clemente’s unique character reflects the inspiration of Ole Hanson. Once the mayor of Seattle, Ole was a successful real estate developer with a dream of creating a Spanish village in California. He fell in love with the area during a train trip from Los Angeles
to San Diego, and noted that it was directly in between those two large cities. With the support of bankers and businessmen, he purchased the land that is now home to San Clemente. Influenced by San Diego’s Balboa Park and the carefully planned Spanish-style city of Santa Barbara, Hanson stated, “I envision a place where people can live together more pleasantly than any other place in America. I am going to build a beautiful city on the ocean where the whole city will be a park; the architecture will be of one type.” Setting the stage for the master-planned communities of today, including Talega, Ole was so determined to allow only Spanishstyle architecture that he placed a clause in his sales contracts that forced all who wanted to build in San Clemente to submit their plans to an architectural board for approval. Today, throughout San Clemente and beyond, navigating the oftentimes complex real estate market can be overwhelming. At Echelberger Group, Doug and his team provide the expertise and resources necessary to make it easier for their clients. More than 20 years of experience has given Echelberger Group the edge in local knowledge and connections. Echelberger Group provides a comprehensive range of services, from industryleading technology—backed by its partnership with Keller Williams Luxury International—and custom marketing strategies to regular updates and prompt communication that makes transactions efficient and stress-free.
we help c lien ts find a p l ace ca l l ed. . .
Home
We respect your time, and value your business. We know you could go anywhere for your real estate needs, and appreciate having the opportunity to serve you the best way we can. For more information, or to be the first to learn about pocket listings, open houses, market reports, and local events visit us online or call 949. 498.77 11 .
F E AT U R E D R E S I D E N C E
14 Via Alcamo
Welcoming
5 bed | 5.5 bath | 5,136 sq ft
dramatic ocean, Catalina, valley, mountain, sunset and city light views, this luxurious home near the top of Talega
in San Clemente is nestled at the end of a cul-de-sac on a single-loaded street. Offering five bedrooms and six baths in approximately 5,136 square feet, the grand residence presents a gated entry courtyard with access to a detached casita. A graceful staircase makes an impressive first impression in the foyer, which leads to a sitting room, wine room, and formal living and dining rooms. The spacious great room, nook and remodeled kitchen area reveals a fireplace, butler’s pantry, walk-in pantry, island, quartz countertops, Carrara marble backsplash and Thermador stainless steel appliances. Featuring state-of-the-art solar power, the custom-caliber home includes solid core water filtration, Berber carpet and hardwood floors, numerous French doors, 12" base and large crown moldings, and stained-glass windows in select locations. A library loft with built-in bookshelves awaits at the top of the staircase, and a magnificent master suite is distinguished by a view deck, retreat, walk-in closet, Crema Marfil marble countertops and surrounds, a jetted tub and separate dualhead shower. Soak up the sun and views in a large backyard with covered flagstone patio, fireplace with TV, a trio of burbling fountains and a BBQ island with travertine bar. w w w .14V i a A l c a m o . c o m
2 | w w w.E c hel berger.c o m
interior doors marble-look quartz countertops in secondary baths, plantation shutters and Hunter Douglas sheer shades, whole-house
TA L E G A R E S I D E N C E S
3 | w w w.E chel berger. co m
Re pres e nte d by Dou g Ec h e l b e rge r
1
2
3
4
5
6
7
8
9
10
ADDRESS TRACT PRICE BED BATH SQFT
Act i v e
1 | 14 2 | 17 3 | 17 4 | 32 5 | 33
Alta Alora Alora Catania Sabella
$1,925,000 $1,799,000 $1,397,700 $1,289,000 $899,900
5 6 4 4 3
5.5 6.5 4.5 4 2.5
5,136 4,503 4,026 3,547 2,088
6 | 31 Calle Viviana*** 7 | 18 Via Alcamo 8 | 27 Via Torina 9 | 20 Calle Mattis 10 | 52 Avenida Cristal***
Lucia Alta Carillon Carillon Carmel
$3,499,000 $1,995,000 $1,595,000 $1,285,000 $849,000
5 5 4 6 3
5.5 5.5 3.5 6.5 2
5,777 4,850 3,573 4,170 2,050
1 Calle Careyes 422 Camino Bandera 17 Via Abajar
Careyes Pacifica Talega San Lucar
-- -- --
5 5 5
4.5 4.5 3.5
5,170 4,333 3,147
For Lease
425 Camino Flora Vista 15 Calle Viveza
Farralon Ridge Trinidad
$4,200 $3,300
4 3
3 3
2,186 1,896
Sold 2018
17 Corte Cabrito* 12 Via Paulina* 14 Calle Castillo* 23 Via Jacobea**
Carillon Alora Pacifica Summit Catania
$1,540,000 $1,525,000 $1,195,000 $1,050,000
5 5 4 5
4.5 5.5 4.5 4
3,786 4,400 3,952 3,547
In Escrow
Pocke t
Via Alcamo Calle Loyola Via Lampara Via Jacobea Via Cristobal
reviews from your talega neighbors
Hi gh l y Li ke l y To Re com m e n d
"We have sold 14 homes during the last 38 years and interacted "Doug was the best broker we have ever dealt with. I consider with many Realtors along the way. Doug Echelberger and his team (Carissa and Courtney) over managed every single detail and truly stood out as true professionals. Doug called us ever week to Iet us know how things are going and how we compare to the rest of the market. When the final deal threatened to go south, Doug worked his magic. There is no replacement for experience. They went "above and beyond" in every aspect. From the moment that we listed our home till the moment we closed escrow, they had absolute control. I can not imagine that any prospective seller would list their home with anyone else. I strongly recommend Doug Echelberger. It is people like him that give the real estate profession a great name."
myself a good judge of that, because of my own experience in buying and selling of several homes. This was our 14th home we put up for sale. Doug truly deserved the over all rating of excellent. He was in constant contact with us, and kept us up to date with market related factors. Doug is so knowable about San Clemente's market. We totally trust his judgment.
~ Lionel Moore (Via Paulina | Talega, San Clemente)
~ Trudie Moore (Via Paulina | Talega, San Clemente)
contact us today, for a COMPLIMENTARY home evaluation 949.498.7711 | doug@echelberger.com * Represented Seller
** Represented Buyer
***Represented Seller and Buyer
4 | w w w.E chel berger. co m
Thank you Doug and thank you to your team for a job well done in marketing and selling our home. Thank you for being there for us with the purchase on our new home! We appreciate everything that you have done for my husband and I. "
the
sheet
YO U R TA L EG A M A R K E T R EP O R T F O R H O M E VA LU E S I N FEB R UA R Y
TOWNHOMES TRACT / STREET
STATUS
PRICE
PRICE/SQ FT SQ FT* BED/BATH GARAGE LOT SIZE* COE
Alassio 411 Calle Campanero
Active
$608,800
$365
1,668
3/3
2
--
Visit www.TalegaGreenSheet.com
Active
$529,500
$354
1,494
3/3
2
--
Visit www.TalegaGreenSheet.com
Pending
$499,995
$341
1,468
2/3
2
--
307 Calle Campanero
SOLD
16 Paseo Del Rey
SOLD
30 Paseo Luna
SOLD
50 Paseo Luna
SOLD
$541,500
$515,000
$505,500
$482,000
$325
$369
$344
$371
1,668
1,395
1,468
1,300
3/3
3/3
3/3
2/2
2
2
2
2
--
--
--
--
11/14/17
11/30/17
11/14/17 1/26/18
Carmel Visit www.TalegaGreenSheet.com
Active
$849,000
$360
2,358
3/3
2
Visit www.TalegaGreenSheet.com
Pending
$799,000
$339
2,358
3/3
2
2 Camino Lozano
SOLD
14 Camino Lozano
SOLD
$820,000
$719,000
$397
2,066
3/2
2
--
$348
2,066
3/2
2
--
11/15/17
12/18/17
Santalana Visit www.TalegaGreenSheet.com
Active
$659,900
$393
1,679
3/3
2
--
Visit www.TalegaGreenSheet.com
Active
$647,900
$371
1,748
3/3
2
--
Visit www.TalegaGreenSheet.com
Active
$635,000
$363
1,748
3/3
2
--
Visit www.TalegaGreenSheet.com
Active
$629,000
$360
1,748
3/3
2
--
Visit www.TalegaGreenSheet.com
Active
$599,000
$343
1,748
3/3
2
--
Visit www.TalegaGreenSheet.com
Pending
$659,000
$338
1,952
3/3
2
--
SOLD
$665,000
$374
1,776
3/3
2
5 Paseo Vista
190 Paseo Vista
--
1/16/18
SOLD
$628,000
$372
1,686
3/3
2
--
11/20/17
SOLD
$599,000
$369
1,625
3/3
2
--
10/3/17
--
11/3/17
Trinidad 30 Calle Viveza
5 Calle Centello
SOLD
19 Calle Viveza
SOLD
26 Calle Viveza
$595,000
$585,000
$314
$360
1,896
1,625
3/3
22
3/3
2
--
SOLD
$469,000
$338
1,388
2/2
2
--
Visit www.TalegaGreenSheet.com
Active
$649,000
$345
1,881
3/3
2
--
Visit www.TalegaGreenSheet.com
Active
$549,000
$406
1,351
2/2
2
--
25 Via Huelva
SOLD
$650,000
$346
1,881
3/3
2
2/5/18
12/12/17
Verano
21 Corte Javier
SOLD
$621,500
$330
1,881
4/3
2
--
--
2/15/18
10/10/17
5 | w ww.E che l b erg er.c o m
call us today, for a COMPLIMENTARY home evaluation from talega's #1 real estate agent since 2003 DOUG ECHELBERGER 949.498.7711 | doug@echelberger.com *Approximate
THE RESERVE AT RANCHO MISSION VIEJO | ASTRONOMY NIGHT | MARCH 17TH, 2018 | 7:45 PM – 9:45 PM
Enjoy an evening outdoors, as you gaze into the heavens, learn the constellations, and peer through the telescopes of our volunteer astronomers. (BRING: Warm clothing, Red cellophaned flashlight, binoculars, optional beach chair) RSVP: www.r mvreserve.org
the
sheet
YO U R TA L EG A M A R K E T R EP O R T F O R H O M E VA LU E S I N FEB R UA R Y
S I N G L E - FA M I LY H O M E S
Alora
STATUS
PRICE
PRICE/SQ FT SQ FT* BED/BATH GARAGE
LOT SIZE*
COE
17 Calle Loyola Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 17 Via Lampara
Active Active Active Active
$1,799,000 $1,599,999 $1,575,000 $1,439,000
$400 $364 $385 $357
4,503 4,400 4,094 4,026
6/7 5/6 5/6 4/5
3 4 3 3
6,558 6,386 6,389 9,269
12 Via Paulina
SOLD
$1,525,000
$347
4,400
5/6
4
8,580
18 Via Alcamo 14 Via Alcamo
Active Active
$1,995,000 $1,925,000
$411 $375
4,850 5,136
5/6 5/6
4 3
9,610 10,306
47 Via Alcamo
SOLD
$1,345,000
$262
5,136
5/6
2
9,237
10/19/17
Active Active SOLD SOLD SOLD
$899,000 $880,000 $869,000 $855,000 $831,000
$402 $394 $388 $333 $371
2,237 2,234 2,237 2,567 2,237
3/3 3/3 3/3 3/3 3/3
2 2 2 2 2
3,758 3,895 5,263 3,779 3,812
10/23/17 1/2/18 10/10/17
Alta
Amalfi
Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 2 Via Jarabe 6 Via Jarabe 19 Via Santander
Cantabria
2/13/18
Visit www.TalegaGreenSheet.com
Active
$1,249,000
$436
2,867
3/3
3
8,834
Visit www.TalegaGreenSheet.com
Active
$1,199,000
$393
3,050
4/4
2
--
SOLD SOLD
$929,000 $915,000
$376 $377
2,469 2,427
4/3 3/3
2 2
5,385 5,086
11/17/17 10/19/17
Active SOLD SOLD
$1,599,000 $1,740,000 $1,625,000
$341 $371 $321
4,689 4,689 5,061
5/5 4/5 5/6
3 3 3
8,189 9,975 9,235
12/21/17 12/29/17
Pending Pending SOLD
$1,595,000 $1,285,000 $1,540,000
$446 $308 $407
3,573 4,170 3,786
4/4 6/7 5/5
3 2 3
6,698 7,262 8,837
2/7/18
Active Pending SOLD SOLD
$1,289,000 $1,299,900 $1,100,000 $1,050,000
$363 $361 $314 $296
3,547 3,602 3,501 3,547
4/4 5/5 5/5 5/4
2 3 2 2
6,844 6,169 5,595 5,575
11/21/17 2/13/18
SOLD
$1,384,000
$339
4,082
5/5
3
7,662
9/6/17
SOLD
$821,128
$353
2,327
3/3
2
4,461
1/4/18
Active SOLD SOLD
$949,000 $790,000 $775,000
$431 $386 $379
2,200 2,046 2,046
4/3 3/3 3/3
3 2 2
7,609 4,611 5,417
12/15/17 11/14/17
Caprizi
37 Via Adrian 25 Paseo Carla
Careyes
Visit www.TalegaGreenSheet.com 57 Calle careyes 7 Calle Careyes
Carillon
27 Via Torina 20 Calle Mattis 17 Corte Cabrito
Catania
32 Via Jacobea Visit www.TalegaGreenSheet.com 25 Via Jacobea 23 Via Jacobea
Cazadero
27 Via Buen Corazon
Escala
17 Calle Frutas
Farralon Ridge
Visit www.TalegaGreenSheet.com 103 Corte Tierra Bella 406 Camino Flora
SIGN UP TO RECEIVE THE GREEN SHEET VIA EMAIL EVERY MONTH Visit w w w. Ec h e l b e r g e r.co m | Your Source for Everything Real Estate
6 | w ww.E che l b erg er.c o m
TRACT / STREET
the
sheet
YO U R TA L EG A M A R K E T R EP O R T F O R H O M E VA LU E S I N FEB R UA R Y
S I N G L E - FA M I LY H O M E S
TRACT / STREET
STATUS
PRICE
PRICE/SQ FT SQ FT* BED/BATH GARAGE LOT SIZE* COE
Lucia Visit www.TalegaGreenSheet.com 49 Via Conocido
Pending
$2,249,000
$364
6,181
6/7
4
16,362
SOLD
$2,300,000
$380
6,055
4/5
4
15,999
11/13/17
Active Active Active Active SOLD SOLD
$1,699,000 $1,689,000 $1,540,000 $1,375,000 $1,490,000 $1,240,000
$361 $325 $333 $297 $324 $320
4,706 5,202 4,631 4,631 4,599 3,870
5/6 7/7 6/6 5/6 5/6 4/4
4 3 3 3 2 3
9,300 9,588 10,342 11,117 8,261 10,873
11/22/17 10/10/17
Active SOLD SOLD
$1,049,900 $1,005,000 $945,000
$351 $324 $294
2,992 3,098 3,218
5/3 4/3 5/4
3 3 3
6,495 6,495 6,584
1/22/18 1/4/18
Mirador Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 48 Via Divertirse 14 Calle Gaulteria
Miraleste Visit www.TalegaGreenSheet.com 20 Via Belleza 19 Via Abrazar
Montellano Visit www.TalegaGreenSheet.com 10 Calle Vista Del Sol
Monterey
218 Via Sedona 228 Via Sedona
314 Via Promesa
Pending
$1,595,000
$356
4,480
4/5
3
11,392
SOLD
$1,460,000
$311
4,700
5/6
3
10,000
10/2/17
SOLD SOLD
$1,150,000 $1,070,000
$327 $391
3,519 2,736
5/4 4/3
3 3
7,082 6,793
10/11/17 12/20/17
10/5/17 11/30/17 2/8/18 10/30/17
SOLD
$1,041,000
$336
3,101
4/4
3
5,106
Pending Pending SOLD SOLD SOLD SOLD
$1,195,000 $1,100,000 $1,425,000 $1,330,000 $1,320,000 $1,165,000
$302 $303 $326 $304 $305 $307
3,952 3,632 4,372 4,372 4,333 3,800
4/5 3 3/4 5/5 3 5/5 3 5/5 3 4/4 3
7,689 8,039 8,865 8,180 10,213 9,390
1/30/18
Pacifica Summit 14 Calle Castillo Visit www.TalegaGreenSheet.com 24 Calle Anacapa 26 Calle Castillo 14 Calle Pacifica 16 Calle Pacifica
Pacifica - Talega Visit www.TalegaGreenSheet.com
Active
$1,318,000
$323
4,085
5/4
3
7,188
Visit www.TalegaGreenSheet.com
Active
$1,162,500
$321
3,627
4/4
3
6,840
Active Pending
$1,150,000 $1,000,000
$383 $332
3,000 3,009
5/3 5/3
3 2
6,094 5,318
SOLD
$985,000
$330
2,987
4/3
3
5,809
10/6/17
Active SOLD
$1,448,000 $1,240,000
$324 $288
4,468 4,300
5/6 5/7
3 3
6,355 7,162
2/16/18
Portomarin Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 15 Via Regalo
7 | w w w.E c he l berger. co m
Ravenna Visit www.TalegaGreenSheet.com 20 Via Nerisa *Approximate
When Ole Hanson began to develop our beloved "Spanish Village By The Sea," he referred to the way he would create it by the following historic quote: "I have a clean canvas and I am determined to paint a clean picture. Think of it - a canvas five miles long and one and one-half miles wide!"
the
sheet
YO U R TA L EG A M A R K E T R EP O R T F O R H O M E VA LU E S I N FEB R UA R Y
S I N G L E - FA M I LY H O M E S
Sabella
Visit www.TalegaGreenSheet.com 33 Via Cristobal Visit www.TalegaGreenSheet.com 16 Via Cuenta Nueva 18 Calle Akelia
STATUS
Active Active Pending SOLD SOLD
PRICE
$930,000 $919,000 $925,000 $865,000 $825,000
PRICE/SQ FT SQ FT* BED/BATH GARAGE
$344 $440 $352 $383 $351
LOT SIZE*
2,701 2,088 2,627 2,258 2,351
4/3 3/3 4/3 3/3 3/3
3 2 2 2 2
7,034 7,031 5,017 7,032 4,866
Visit www.TalegaGreenSheet.com Active $925,000 $354 2,615 18 Via Destino Pending $959,000 $305 3,147
4/3 5/3
2 2
5,634 4,750
Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com
San Lucar
San Rafael
COE
2/1/18 11/28/17
Active Active
$1,133,750 $1,090,000
$321 $309
3,531 3,531
5/5 5/5
3 3
6,759 7,305
Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 31 Calle Saltamontes 7 Corte Abeja 53 Corte Vidriosa
Active Active Active Pending Pending SOLD SOLD SOLD
$1,215,000 $1,049,000 $999,999 $1,199,000 $1,063,000 $1,030,000 $1,005,000 $960,000
$326 $342 $309 $359 $313 $280 $313 $323
3,725 3,069 3,238 3,340 3,400 3,677 3,212 2,973
4/3 4/3 4/4 5/3 4/3 4/3 4/3 4/3
2 2 2 2 2 3 2 3
11,047 5,369 5,817 6,472 6,120 6,822 6,368 8,697
1/2/18 12/4/17 12/1/17
Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 35 Calle Camaron
Active Pending SOLD
$925,000 $830,000 $955,000
$369 $331 $354
2,507 2,507 2,700
5/3 3/3 4/3
2 2 2
4,417 8,370 7,919
10/10/17
Active Active Active SOLD SOLD SOLD
$819,900 $814,900 $799,000 $825,000 $800,000 $775,000
$357 $413 $394 $360 $473 $393
2,294 1,972 2,029 2,294 1,690 1,972
4/3 3/3 3/3 4/3 3/3 4/3
2 2 2 2 2 2
4,260 3,306 3,974 5,995 4,397 5,000
10/5/17 10/25/17 11/6/17
Active Active Pending SOLD
$1,575,000 $1,199,999 $1,395,000 $1,175,000
$409 $373 $365 $307
3,852 3,218 3,823 3,823
5/5 4/4 5/5 5/5
2 2 2 2
10,122 6,405 9,650 5,953
10/11/17
SOLD
$985,000
$341
2,888
4/3
3
8,706
9/26/17
SOLD SOLD SOLD
$1,000,000 $976,000 $935,000
$297 $304 $327
3,370 3,209 2,857
5/4 5/3 4/3
2 2 3
4,966 6,235 6,619
12/11/17 10/13/17 11/9/17
Active
$1,764,000
$349
5,051
5/5
4
30,943
Sansol
Seaside
Solana
Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 7 Camino Silla 11 Camino Silla 19 Calle Tejado
Stella Mare
Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 13 Via Jubilar
Terra Linda
308 Plaza Cabana
Vittoria
39 Via Armilla 42 Via Armilla 31 Via Armilla
Vizcaya
Visit www.TalegaGreenSheet.com
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8 | w w w.E c he l berger.c o m
TRACT / STREET
the
sheet
YO U R TA L EG A M A R K E T R EP O R T F O R H O M E VA LU E S I N FEB R UA R Y
SENIOR 55 & OLDER TRACT / STREET
STATUS
PRICE
PRICE/SQ FT SQ FT* BED/BATH GARAGE LOT SIZE* COE
Sandbridge Visit www.TalegaGreenSheet.com
Active
$1,325,000
$363
3,650
3/3
2
6,721
58 Camino Lienzo
SOLD
$1,250,000
$440
2,841
3/2
2
7,045
26 Camino Lienzo
SOLD
$965,000
$402
2,401
3/2
2
5,928
2,000
10/12/17
10/26/17
Seagarden Visit www.TalegaGreenSheet.com
Active
$779,000
$398
1,955
2/2
2
9 Corte Pinturas
SOLD
$779,500
$380
2,053
2/3
2
11 Corte Pinturas
Waterleaf
17 Camino Del Prado
Wavecrest
13 Corte Miro
1/16/18
SOLD
$750,000
$384
1,955
2/2
2
2,100
1/10/18
SOLD
$870,000
$402
2,166
2/2
2
5,132
12/28/17
SOLD
$800,000
$448
1,785
3/2
2
5,588
11/13/17
Talega Averages Single Family ACTIVE (39) PENDING SALE (14) SOLD (47)
List Price $1,264,178 $1,263,564 $1,127,150
SqFt DOM List $ PSF 3,524 39 $359 3,675 42 $343 3,258 56 $346
Sold Price
Sold $ PSF
$1,103,981
$339
Condo/ Townhouse ACTIVE (11) PENDING SALE (3) SOLD (16)
List Price $648,645 $652,665 $624,693
SqFt DOM List $ PSF Sold Price 1,762 32 $368 1,926 19 $339 1,733 33 $360 $620,313
Sold $ PSF $358
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call us today, for a COMPLIMENTARY home evaluation from talega's #1 real estate agent since 2003 DOUG ECHELBERGER 949.498.7711 | doug@echelberger.com
*Approximate The Green Sheet is based on information from the Association of REALTORS®/Multiple Listing Service as of 2.21.2018 and/or other sources. The Talega Green Sheet and MLS data is deemed reliable, but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The properties listed above are not all Keller Williams® and include listings from other brokers. If you notice any incorrect information or a property that is not listed, please call my office immediately at 949.498.7711. To preserve space, old sales since 10.1.2017 have been eliminated. If you would like the name, address, and phone number of the firm representing a specific property listed above, please visit www.TalegaGreenSheet.com.
the
sheet
O R A N G E CO U N T Y H O U S I N G R EP O R T F O R FEB R UA R Y
MARKET SUMMARY •
The active listing inventory increased by 197 homes in the past two weeks, up 5%, and now totals 4,178. Expect the inventory to increase from now through mid-Summer. Last year, there were 4,460 homes on the market, 282 more than today.
•
There are 26% fewer homes on the market below $500,000 today compared to last year at this time and demand is down by 12%. Fewer and fewer homes and condominiums are now priced below $500,000. This price range is slowly disappearing.
•
Demand, the number of pending sales over the prior month, increased in the past two-weeks by 155 pending sells, up 7%. The average pending price is $876,310.
•
The average list price for all of Orange County remained at $1.8 million over the past two weeks. This number is high due to the mix of homes in the luxury ranges that sit on the market and do not move as quickly as the lower end.
•
For homes priced below $750,000, the market is HOT with an expected market time of just 31 days. This range represents 35% of the active inventory and 58% of demand.
•
For homes priced between $750,000 and $1 million, the expected market time is 43 days, a hot seller’s market (fewer than 60 days). This range represents 17% of the active inventory and 21% of demand.
•
For homes priced between $1 million to $1.25 million, the expected market time is 63 days, a slight seller’s market (between 60 and 90 days).
•
For luxury homes priced between $1.25 million and $1.5 million, the expected market time dropped from 81 days to 79.
•
For homes priced between $1.5 million and $2 million, the expected market time decreased from 122 to 115 days.
•
For luxury homes priced between $2 million and $4 million, the expected market time increased from 163 days to 167 days.
•
For luxury homes priced above $4 million, the expected market time dramatically increased from 349 to 515 days.
•
The luxury end, all homes above $1.25 million, accounts for 39% of the inventory and only 14% of demand.
•
The expected market time for all homes in Orange County dropped from 52 days to 51 in the past two weeks, a hot seller’s market (fewer than 60 days). From here, we can expect the market time to drop a little bit more by the end of the month.
•
Distressed homes, both short sales and foreclosures combined, make up only 1% of all listings and 2% of demand. There are only 18 foreclosures and 22 short sales available to purchase today in all of Orange County, that’s 40 total distressed homes on the active market, rising by only one in the past two weeks. That’s right after reaching its lowest level since the very beginning of the Great Recession. Last year there were 85 total distressed sales, 113% more than today. There were 1,800 closed residential resales in January, down by 9% from January 2017’s 1,904 closed sales. January marked a 21% drop from December 2017. The sales to list price ratio was 97.6% for all of Orange County. Foreclosures accounted for just 1.1% of all closed sales and short sales accounted for 0.8%. That means that 98.1% of all sales were good ol’ fashioned sellers with equity.
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talega events | march 2018
Spring F ling
Saturday, March 24 | Calle Altea Park Come be a part of the “Egg-citement” this spring at Talega’s very special Spring Egg Hunt! There will be face painting, crafts, obstacle bouncers, visits with the Easter Bunny (bring your own camera) and, of course, the egg hunt for children 11 years of age and younger. Sorry, no pets are allowed. Please remember to bring your own basket to collect eggs. RSVP at www.TalegaToday.com
EGG HUNT TIMES/AGE GROUP 1:30 pm • Ages 0 – 3 years (parents allowed) 1:45 pm • Ages 4 – 6 years (girls, no parents) 2:00 pm • Ages 4 – 6 years (boys, no parents) 2:15 pm • Ages 7 – 8 years (no parents) 2:30 pm • Ages 9 – 11 years (no parents)
talega fun facts ESTABLISHED 2002
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3,864 DOORS IN TALEGA
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DOUG ECHELBERGER
949.498.7711 Doug@Echelberger.com
Each office independently owned and operated. Keller Williams Realty does not guarantee accuracy of all data, including all measurements and calculations of area. Information is obtained from various sources and has not been, and will not be, verified by Broker or Agent of MLS. All information should be independently reviewed and verified for accuracy. CalBRE #01176379 | Broker CalBRE #02031139