M A Y 2 0 1 9
t he
GREEN sheet
TA L EGA’S RED-HOT RE A L E STAT E M A R KE T
GET A PUL SE O N TH E TA LEGA M A R K E T It is not your imagination—Talega’s real estate market is incredibly active, with “For Sale” and “In Escrow” signs popping up throughout the community. Welcome to the spring of 2019 in Talega, where buyers are eager to take advantage of steady interest rates and an enticing selection of residential offerings.
Talega’s strongest and fastest market is single-family homes priced between $700,000 and $1 million. Average days on market for pending sales is hovering just under 20 days! And, at the time of this writing, there are only eight active listings priced under $1 million, all of which have been on the market less than 30 days.
This impressive upswing is a very healthy sign for Talega, with the pulse quickening among move-up buyers looking for a home under $1 million. Sales for homes priced between $1 million and $1.5 million have also improved, with average days on market for closed sales hovering at just 48 days. The inventory in this range is higher, with 27 active listings and 14 under contract—an ideal balance.
Pricing across the board has increased over the last quarter, with an average 2018 fourth-quarter price of $1,084,000, and $1,207,851 for the first quarter of 2019. This sizable increase is mostly due to sales above $1.3 million, which were stagnant during the last half of 2018 and are now moving quickly. We are expecting this market to continue into the summer with favorable interest rates and stable pricing bringing more buyers to Talega.
Doug Echelberger 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 industry-leading technology—backed by its partnership with Pacific Sotheby’s International Realty—and custom marketing strategies to regular updates and prompt communication that makes transactions efficient and stress-free. For more information, visit www.echelberger.com or call 949.498.7711.
artfully uniting extraordinary homes with extraordinary lives®: we believe luxury is an experience, not a price point 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 949.498.7711.
F E AT U R E D R E S I D E N C E 12 Calle Loyola
5 bed | 5.5 bath | 4,400 sq ft | 7,271 sq ft lot
Move up to a preferred lifestyle at Alora at Talega in the coastal hills of San Clemente, where this spacious residence is beautifully updated and ready for move-in. A doubleheight ceiling adds stylish drama to the formal entry, which reveals an open-concept interior of nearly 4,400 square feet. Dine formally under a shimmering chandelier, relax in the formal living room, and entertain casually in a family room with fireplace and adjacent study. Fashionably updated, an open kitchen and breakfast nook are distinguished by solid-surface countertops, a full backsplash, butler’s pantry with wine rack and beverage cooler, an island with seating, walk-in pantry, farmhouse sink, prep sink, and top-of-the-line stainless-steel KitchenAid appliances, complete with a built-in refrigerator, two dishwashers and a double oven. Contemporary wood, tile, carpet and laminate flooring complements living areas, including five ensuite bedrooms with one on the main level, five-and-one-half baths, a loft, and a luxe master suite with tray ceiling, walk-in shower, walk-in closet and a soaking tub. Bordering a scenic pocket park, the desirable residence reveals a spacious peninsula-style homesite that includes a loggia, built-in BBQ with sink and refrigerator, a fire pit with built-in circular seating area, and a water feature. Approximately 7,271 square feet, grounds also boast synthetic turf that wraps around to a side yard with mature citrus trees and a stone pathway. Within the master-planned community of Talega, coastal breezes enhance amenities that include shopping and entertainment centers, a championship golf course, swim club, sports parks, award-winning schools and meandering hiking trails. w w w .12C a l l e L o y o l a . c o m
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Beautifully Updated
TA L E G A R E S I D E N C E S
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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
11
12 acti v e
in escrow
sold 2019
1| 2| 3| 4| 5| 6|
33 Calle Careyes 9 Calle Careyes 12 Calle Loyola 33 Calle Loyola 14 Via Gador 11 Paseo Canos
Careyes Careyes Alora Cazadero Vittoria Sabella
$2,150,000 $1,695,000 $1,575,000 $1,399,000 $1,175,000 $839,900
4 4 5 5 4 3
4.5 4.5 5.5 4.5 3 2.5
4,656 4,689 4,400 4,082 3,209 2,453
7 | 16 Corte Vidriosa 8 | 3 Corte Sevilla 9 | 65 Via Regalo 10 | 20 Via Balcon 11 | 49 Calle Akelia 12 | 28 Via Cristobal 5 Corte Sagrada
Sansol Sandbridge Portomarin Caprizi Sabella Sabella Wavecrest
$1,275,000 $1,249,999 $1,075,000 $965,000 $925,000 $925,000 $750,000
5 3 5 3 4 3 2
4 3 3 2.5 2.5 2.5 2
3,600 3,650 3,054 2,376 2,627 2,351 1,752
50 Via Alcamo 45 Calle Careyes 45 Via Torina 1 Calle Careyes 25 Via Cartama 31 Via Buen Corazon 209 Via Marfino 412 Camino Vista Verde 30 Via Balcon 21 Paseo Carla 14 Via Paquete 13 Via Abajar 60 Paseo Vista 44 Paseo Verde
Alta Careyes Carillon Careyes Catania Cazadero San Rafael Pacifica Talega Caprizi Caprizi Miraleste San Lucar Santalana Santalana
$2,050,000 $1,800,000 $1,750,000 $1,602,500 $1,335,000 $1,250,000 $1,200,000 $1,178,000 $1,095,000 $1,000,000 $1,010,000 $899,000 $604,900 $600,000
5 5 5 5 5 5 5 4 4 4 4 4 3 3
5.5 5.5 5.5 5.5 4.5 4.5 4 4 3 3 3 3 2.5 2.5
5,414 *** 4,689 *** 4,130 *** 5,367 *** 3,833 * 3,849 * 3,632 * 4,066 *** 2,566 * 2,583 * 3,015 * 2,512 * 1,748 * 1,686 **
DOM: Days On Market
* Represented Seller
** Represented Buyer
***Represented Seller and Buyer
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ADDRESS TRACT PRICE BED BATH SQFT
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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 A PR I L
TOWNHOMES
TRACT/STREET
STATUS
PRICE
PRICE/SQ FT SQ FT* BED/BATH GARAGE
LOT SIZE*
COE
Alassio
Email Info@Echelberger.com Active $605,000 $363 1,668 3/3 2 -- Email Info@Echelberger.com Pending $540,000 $363 1,487 2/2 2 -- 68 Paseo Luna Pending $485,000 $394 1,232 2/3 2 -- 24 Paseo Luna SOLD $565,000 $339 1,668 3/3 2 -- 12/20/18 20 Paseo Luna SOLD $535,000 $364 1,468 3/3 2 -- 3/8/19 406 Calle Campanero SOLD $525,000 $358 1,468 2/3 2 -- 1/24/19 54 Paseo Luna SOLD $481,000 $390 1,232 2/3 2 1,232 2/14/19 28 Paseo Rosa SOLD $479,000 $389 1,232 2/3 2 -- 1/18/19
Carmel
Email Info@Echelberger.com Pending $775,000 $378 2,050 3/2 2 -- Email Info@Echelberger.com Pending $725,000 $305 2,380 3/3 2 -- Email Info@Echelberger.com Pending $719,000 $351 2,050 3/2 2 -- 46 Avenida Cristal SOLD $775,000 $325 2,385 3/3 2 -- 12/12/18
Santalana Email Info@Echelberger.com Active $689,900 $388 1,776 3/3 2 -- Email Info@Echelberger.com Active $679,900 $383 1,776 3/3 2 -- Email Info@Echelberger.com Active $624,900 $357 1,748 3/3 2 -- Email Info@Echelberger.com Pending $625,000 $371 1,686 3/3 2 -- Email Info@Echelberger.com Pending $622,500 $356 1,748 3/2 2 -- 62 Paseo Vista SOLD $680,000 $348 1,952 3/3 2 -- 60 Paseo Vista SOLD $604,900 $346 1,748 3/3 2 1,748 44 Paseo Verde SOLD $600,000 $356 1,686 3/3 2 -- 138 Paseo Vista SOLD $595,000 $458 1,298 3/2 2 --
12/27/18 1/18/19 3/15/19 4/8/19
Trinidad
Email Info@Echelberger.com Active $529,870 $382 1,388 2/2 2 -- Email Info@Echelberger.com Pending $489,000 $352 1,388 2/2 2 -- 3 Calle Centello SOLD $529,000 $381 1,388 2/2 2 -- 12/11/18 27 Avenida Brio SOLD $490,000 $353 1,388 2/2 2 -- 12/28/18 4 Camino Celeste SOLD $485,000 $349 1,388 2/2 2 -- 2/28/19
Verano Email Info@Echelberger.com Email Info@Echelberger.com Email Info@Echelberger.com Email Info@Echelberger.com 12 Via Villena 71 Via Almeria 16 Via Villena 21 Via Villena 43 Via Villena
Active Pending Pending Pending SOLD SOLD SOLD SOLD SOLD
$649,900 $499,500 $499,000 $495,000 $695,000 $660,000 $645,000 $625,000 $505,000
$346 $370 $369 $366 $369 $359 $351 $340 $374
1,881 1,351 1,351 1,351 1,881 1,840 1,840 1,840 1,351
3/3 2/2 2/2 3/2 3/3 3/3 3/3 3/3 2/2
2 2 2 2 2 2 2 2 2
-- -- -- -- -- -- -- -- --
3/8/19 4/11/19 3/18/19 2/7/19 12/18/18
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call us today, for a COMPLIMENTARY home evaluation from talega's most experienced real estate agent DOUG ECHELBERGER 949.498.7711 | doug@echelberger.com *Approximate
MOTHER'S DAY WALK TO THE MOTHER OAK | may 12, 2019 at 8:00am - 10:00am Celebrate Mother's Day in beautiful natural surroundings on a fun discovery walk on The Reserve. We will visit the Mother and Sister Oaks and celebrate the beauty of spring's revival in the great outdoors. For additional information, please visit: www.RMVRe se rv e .org
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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 A PR I L
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
Alora
Email Info@Echelberger.com Active $1,599,000 $363 4,400 5/6 3 6,601 12 Calle Loyola Active $1,575,000 $358 4,400 5/6 3 7,271 Email Info@Echelberger.com Active $1,300,000 $325 4,000 4/5 2 9,131 Email Info@Echelberger.com Active $1,300,000 $289 4,499 5/6 2 7,162 22 Via Lampara SOLD $1,637,000 $356 4,600 6/7 2 8,172 4/2/19
Alta
Email Info@Echelberger.com Active $1,999,000 $377 5,303 5/6 3 11,824 Email Info@Echelberger.com Active $1,878,500 $366 5,136 5/6 3 10,306 Email Info@Echelberger.com Pending $2,295,000 $427 5,380 5/6 3 8,388 50 Via Alcamo SOLD $2,050,000 $379 5,414 5/6 3 9,315 3/26/19
Amalfi
Email Info@Echelberger.com Active $895,000 $349 2,567 3/3 2 4,101 Email Info@Echelberger.com Active $869,000 $339 2,567 3/3 2 3,766 Email Info@Echelberger.com Pending $899,000 $379 2,369 4/3 2 4,073 Email Info@Echelberger.com Pending $890,000 $376 2,369 4/3 2 5,455 Email Info@Echelberger.com Pending $825,000 $369 2,234 4/3 2 4,200 Email Info@Echelberger.com Pending $799,000 $357 2,237 3/3 2 3,778 19 Via Zamora SOLD $895,000 $349 2,567 3/3 2 3,867 3/28/19
Cantabria
Email Info@Echelberger.com Active $1,188,800 $316 3,767 5/5 3 8,037 48 Calle De La Luna SOLD $1,175,000 $410 2,867 3/3 3 8,821 4/4/19
Caprizi
Email Info@Echelberger.com Active $1,022,000 $398 2,566 4/3 2 6,006 Email Info@Echelberger.com Active $949,000 $370 2,566 4/3 2 5,819 30 Via Balcon Pending $1,093,000 $426 2,566 4/3 2 7,189 40 Via Adrian Pending $1,050,000 $407 2,583 4/3 2 4,737 21 Paseo Carla Pending $1,049,000 $406 2,583 4/3 2 6,340 20 Via Balcon Pending $965,000 $406 2,376 3/3 2 4,104 38 Via Adrian SOLD $1,025,000 $399 2,566 4/3 2 4,815 4/2/19 28 Via Agradar SOLD $1,020,000 $420 2,427 4/3 2 5,179 3/6/19 17 Via Alonso SOLD $909,000 $352 2,583 4/3 2 6,011 1/14/19 18 Via Canero SOLD $838,000 $345 2,427 3/3 2 4,101 12/10/18
Careyes
33 Calle Careyes Active $2,150,000 $462 4,656 4/5 3 14,201 9 Calle Careyes Active $1,695,000 $361 4,689 4/5 3 9,235 Email Info@Echelberger.com Pending $1,694,900 $345 4,918 5/6 4 11,021 45 Calle Careyes SOLD $1,800,000 $384 4,689 5/6 3 11,108 3/1/19 1 Calle Careyes SOLD $1,602,500 $299 5,367 5/6 3 12,153 Email Info@Echelberger.com Email Info@Echelberger.com Email Info@Echelberger.com 45 Via Torina 14 Via Lucena 15 Via Franca
Active Active Pending SOLD SOLD SOLD
$1,749,422 $1,475,000 $1,725,000 $1,750,000 $1,575,000 $1,575,000
$420 $371 $425 $424 $445 $441
4,168 3,975 4,061 4,130 3,538 3,573
5/5 5/5 5/5 5/6 5/4 5/4
3 2 3 3 2 3
7,118 6,178 5,989 11,192 7,332 9,433
2/19/19 3/14/19 2/15/19
SIGN UP TO RECEIVE THE GREEN SHEET VIA EMAIL EVERY MONTH Email info@echelberger.com | Your Source for Everything Real Estate
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Carillon
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 A PR I L
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
Catania
Email Info@Echelberger.com Active $1,249,000 $352 3,547 5/4 2 5,501 Email Info@Echelberger.com Active $1,200,000 $408 2,941 4/4 2 6,708 28 Via Soria Active $1,149,000 $349 3,296 5/4 3 5,576 25 Via Cartama Pending $1,349,000 $352 3,833 5/5 2 7,774 Email Info@Echelberger.com Pending $1,195,000 $332 3,602 5/5 3 5,632
Cazadero
33 Calle Loyola Email Info@Echelberger.com Email Info@Echelberger.com 31 Via Buen Corazon
Farralon Ridge
Email Info@Echelberger.com Email Info@Echelberger.com Email Info@Echelberger.com
Mirador
Email Info@Echelberger.com Email Info@Echelberger.com Email Info@Echelberger.com Email Info@Echelberger.com 30 Calle Aveituna 38 Via Divertirse 23 Calle Gaulteria
Miraleste
Email Info@Echelberger.com Email Info@Echelberger.com 14 Via Paquete
Montellano
Email Info@Echelberger.com Email Info@Echelberger.com 2 Calle Angelitos 15 Calle Angelitos
Monterey
Email Info@Echelberger.com Email Info@Echelberger.com
Pacifica Summit 16 Calle Pacifica
Pacifica Talega
Email Info@Echelberger.com 412 Camino Vista Verde
Portofino
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4 Calle Portofino 6 Calle Portofino
Portomarin
65 Via Regalo
Active Active Active SOLD
$1,399,000 $1,349,000 $1,299,000 $1,250,000
$343 $330 $337 $325
4,082 4,082 3,849 3,849
5/5 5/5 5/5 5/5
3 3 3 3
10,531 6,345 8,631 8,566
Active Active Pending
$919,000 $895,000 $995,000
$449 $371 $412
2,046 2,414 2,414
3/3 3/3 4/3
2 2 3
5,687 5,213 9,349
Active Active Active Pending SOLD SOLD SOLD
$1,585,000 $1,530,000 $1,399,000 $1,359,000 $1,560,000 $1,549,000 $1,499,000
$337 $325 $302 $351 $300 $321 $288
4,706 4,706 4,631 3,870 5,202 4,706 5,202
5/6 5/6 5/6 4/4 6/7 5/6 7/7
4 4 3 3 2 4 3
10,634 9,418 7,979 9,333 12,225 9,300 9,588
4/8/19 3/25/19 3/25/19
Pending Pending SOLD
$1,250,000 $1,124,900 $1,010,000
$415 $337 $335
3,015 3,338 3,015
5/3 5/4 4/3
3 3 2
7,575 6,584 5,040
3/1/19
Active Active SOLD SOLD
$2,150,000 $1,699,000 $1,950,000 $1,595,000
$449 $360 $416 $333
4,785 4,715 4,686 4,785
5/6 6/6 5/6 5/6
3 3 3 3
11,101 11,304 15,425 9,941
4/3/19 3/26/19
Active Pending
$1,024,500 $1,065,000
$369 $363
2,777 2,931
4/3 4/3
3 2
6,000 7,168
SOLD
$1,225,000
$322
3,800
4/4
3
9,390
3/7/19
Pending SOLD
$1,399,900 $1,178,000
$323 $290
4,333 4,066
5/5 4/4
3 3
7,389 8,768
3/28/19
SOLD SOLD
$1,128,000 $1,100,000
$351 $362
3,213 3,042
6/3 5/4
2 2
10,360 8,394
2/27/19 1/18/19
Active
$1,075,000
$352
3,054
5/3
2
6,967
1/10/19
RANDOM FUNNY FACT | Kids Ask 300 Questions A Day A recent British study observed young children and recorded the questions they asked the adults around them. Perhaps not surprisingly, the children usually turned to their mothers for answers, and these moms could end up answering an average nearly 300 questions per day, or one question every two-and-a-half minutes. The moms reported that the hardest questions they were asked included “Why is water wet?” and “What are shadows made of?”
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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 A PR I L
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
Ravenna Email Info@Echelberger.com Email Info@Echelberger.com 44 Via Nerisa 13 Via Nerisa 29 Via Nerisa
Active Active SOLD SOLD SOLD
$1,449,000 $1,429,000 $1,425,000 $1,330,000 $1,291,875
$356 $330 $319 $336 $302
4,068 4,335 4,468 3,955 4,282
4/5 5/5 5/6 4/5 5/6
2 3 3 3 3
7,913 10,252 7,510 7,233 6,557
4/3/19 4/8/19 12/26/18
Active Pending Pending SOLD
$839,900 $925,000 $925,000 $839,000
$342 $352 $393 $319
2,453 2,627 2,351 2,627
3/3 4/3 3/3 4/3
2 2 2 2
3,905 4,089 5,316 3,840
3/8/19
Active SOLD
$1,050,000 $899,000
$334 $358
3,147 2,512
5/4 4/3
2 2
6,540 4,758
2/8/19
Pending SOLD
$1,225,000 $1,142,500
$337 $335
3,632 3,414
5/4 4/4
3 3
6,408 11,934
3/13/19
Active Pending Pending SOLD SOLD SOLD
$1,155,000 $1,299,000 $1,275,000 $1,162,500 $1,127,000 $962,500
$385 $389 $354 $316 $337 $314
3,000 3,340 3,600 3,677 3,340 3,069
4/3 4/3 5/4 4/3 4/3 4/3
3 2 3 2 3 2
7,528 8,850 7,980 14,274 7,248 5,369
1/4/19 2/20/19 12/26/18
Pending Pending SOLD
$935,000 $854,900 $905,000
$354 $341 $339
2,641 2,507 2,672
5/3 5/3 5/3
2 2 2
5,180 4,424 4,846
4/5/19
Active Active SOLD SOLD
$829,900 $749,000 $860,188 $820,000
$421 $443 $372 $357
1,972 1,690 2,313 2,300
3/3 3/3 4/4 4/3
2 2 2 2
3,306 3,547 3,467 3,500
3/28/19 1/22/19
Active Active SOLD
$1,650,000 $1,069,000 $1,240,000
$423 $356 $318
3,901 3,000 3,900
5/5 4/3 5/5
3 2 2
8,705 5,496 6,476
12/20/18
Pending SOLD SOLD
$1,080,000 $1,065,900 $915,000
$359 $338 $367
3,008 3,153 2,492
5/3 5/3 4/3
3 2 3
9,577 6,741 10,849
12/4/18 12/14/18
Active
$1,175,000
$366
3,209
4/3
2
14,611
Sabella 11 Paseo Canos 49 Calle Akelia 28 Via Cristobal 13 Paseo Canos
San Lucar Email Info@Echelberger.com 13 Via Abajar
San Rafael 209 Via Marfino 220 Via Marfino
Sansol Email Info@Echelberger.com Email Info@Echelberger.com 16 Corte Vidriosa 33 Corte Vidriosa 5 Calle Saltamontes 19 Calle Saltamontes
Seaside Email Info@Echelberger.com 16 Calle Cangrejo 41 Calle Guijarro
Solana Email Info@Echelberger.com Email Info@Echelberger.com 24 Calle Boveda 6 Calle Boveda
Stella Mare Email Info@Echelberger.com Email Info@Echelberger.com 91 Via Regalo
Email Info@Echelberger.com 201 Calle Botanico 200 Plaza Los Corales
Vittoria 14 Via Gador
SIGN UP TO RECEIVE THE GREEN SHEET VIA EMAIL EVERY MONTH Email info@echelberger.com | Your Source for Everything Real Estate
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Terra Linda
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 A PR I L
SENIOR 55 & OLDER TRACT/STREET
Sandbridge
STATUS
PRICE
PRICE/SQ FT SQ FT* BED/BATH GARAGE
LOT SIZE*
Email Info@Echelberger.com Email Info@Echelberger.com Email Info@Echelberger.com 3 Corte Sevilla Email Info@Echelberger.com Email Info@Echelberger.com 3 Corte Rivera
Active Active Active Active Active Active SOLD
$1,369,000 $1,299,000 $1,299,000 $1,249,999 $1,124,900 $1,050,000 $1,065,000
$482 $457 $426 $342 $396 $370 $442
2,841 2,841 3,046 3,650 2,841 2,841 2,410
2/2 3/2 3/3 3/3 2/2 3/2 2/2
2 2 2 2 2 2 2
Email Info@Echelberger.com Email Info@Echelberger.com Email Info@Echelberger.com
Active Active Pending
$764,900 $748,000 $748,500
$501 $383 $474
1,526 1,955 1,578
2/2 2/2 2/2
2 2 2 3,500
SOLD
$895,000
$436
2,055
2/2
2
4,721
1/21/19
Active Pending Pending SOLD SOLD
$839,000 $800,000 $750,000 $800,000 $745,000
$365 $457 $428 $448 $425
2,297 1,752 1,752 1,785 1,752
3/3 2/2 2/2 3/2 2/2
2 2 2 2 2
5,268 5,033 5,186 4,638 4,545
2/27/19 1/24/19
Seagarden
7,118 5,868 9,012 6,534 6,257 6,152 5,892
COE
2/28/19
Waterleaf 26 Camino Del Prado
Waveccrest
Email Info@Echelberger.com Email Info@Echelberger.com 5 Corte Sagrada 7 Corte Ladino 8 Corte Ladino
whether you’re moving closer to your family or closer to relaxation, an sres designee will take the extra time to find you the home of your dreams.
our seniors real estate specialist (sres) have unique training and experience in helping seniors buy and sell real estate. call us today, for a complimentary home evaluation, we are a professional real estate team with a personal touch. 949.498.7711 | seniors@echelberger.com
9 | w w w.E c hel berger.c o m
Talega Averages Single Family ACTIVE (47) PENDING SALE (29) SOLD (43)
List Price $1,301,977 $1,141,090 $1,252,167
SqFt DOM List $ PSF 3,532 49 $369 3,042 30 $375 3,453 66 $363
Sold Price
Sold $ PSF
$1,217,394
$353
Condo/Townhouse ACTIVE (8) PENDING SALE (2) SOLD (18)
List Price $661,546 $563,000 $593,122
SqFt DOM List $ PSF 1,715 30 $386 1698 64 $306 1,614 42 $367
Sold Price $581,833
Sold $ PSF $361
*Approximate The Green Sheet is based on information from the Association of REALTORSÂŽ/Multiple Listing Service as of 4.15.2019 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 Pacific Sotheby's International Realty 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 before 12.1.2018 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.
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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 A PR I L
ORANGE COUNTY MARKET SUMMARY •
The active listing inventory increased by 344 homes in the past two weeks, up 5%, and now totals 6,876. Last year, there were 4,708 homes on the market, 2,168 fewer than today. There are 46% more homes than last year.
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So far this year, 3% fewer homes came on the market below $500,000 compared to 2018, and there were 15% fewer closed sales. Fewer and fewer homes and condominiums are now priced below $500,000. This price range is continuing to vanish.
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Demand, the number of pending sales over the prior month, increased by 95 pending sales in the past two-weeks, up 4%, and now totals 2,445, its lowest level for this time of the year since 2008. Last year, there were 2,602 pending sales, 6% more than today.
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The Expected Market Time for all of Orange County increased from 83 days two weeks ago to 84 days today, a slight Seller’s Market (between 60 to 90 days) and the highest level for this time of the year since 2011. It was at 54 days last year.
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For homes priced below $750,000, the market is a slight Seller’s Market (between 60 and 90 days) with an expected market time of 62 days. This range represents 41% of the active inventory and 55% of demand.
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For homes priced between $750,000 and $1 million, the expected market time is 73 days, a slight Seller’s Market. This range represents 18% of the active inventory and 21% of demand.
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For homes priced between $1 million to $1.25 million, the expected market time is 90 days, a slight Seller’s Market.
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For luxury homes priced between $1.25 million and $1.5 million, in the past two weeks, the expected market time increased from 103 to 109 days. For homes priced between $1.5 million and $2 million, the expected market time increased from 146 to 154 days. For luxury homes priced between $2 million and $4 million, the expected market time decreased from 230 to 222 days. For luxury homes priced above $4 million, the expected market time decreased from 562 to 466 days.
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The luxury end, all homes above $1.25 million, accounts for 32% of the inventory and only 16% of demand.
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Distressed homes, both short sales and foreclosures combined, made up only 0.8% of all listings and 1.8% of demand. There are only 19 foreclosures and 30 short sales available to purchase today in all of Orange County, 49 total distressed homes on the active market, down two from two-weeks ago. Last year there were 39 total distressed homes on the market, slightly less than today. There were 2,265 closed residential resales in March, 13% fewer than March 2018’s 2,613 closed sales. March marked a 47% increase from February 2019. The sales to list price ratio was 97.3% for all of Orange County. Foreclosures accounted for just 0.4% of all closed sales, and short sales accounted for 0.5%. That means that 99.1% of all sales were good ol’ fashioned sellers with equity.
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TALEGA EVENTS | MAY 2019
Nick Pasquale Foundation Golf Tournament Friday, May 3rd | 10:00 am - 8:30 pm | Talega Golf Club
Visit https://nickpasqualefoundation.com/npf-golf-tournament/ for additional details.
Mother's Day Blooms at Barnoa
Saturday, May 11th | 4:00 pm - 7:00 pm | Barnoa Wine Company Visit https://alicestable.com/events/mothers-day-blooms-at-barnoa_1549483435 for additional details.
SAN CLEMENTE EVENTS | APRIL 2019
Fiesta de Mayo Celebration
Saturday, May 4th | 10:00 am - 3:00 pm | Outlets at San Clemente Visit https://www.outletsatsanclemente.com/events/ for additional details.
Mother's Day Flower Crown and Photo Shoot Sunday, May 5th | 11:00 am | Bella Collina Towne & Golf Club
Visit https://alicestable.com/events/flower-crowns-and-photo-shoot_1551672445 for additional details.
DOUG ECHELBERGER OVER 650+ SUCCESSFULLY CLOSED TRANSACTIONS IN TALEGA
#KeepingItRealEstate in San Clemente Since 1994
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DOUG ECHELBERGER
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Broker and agent do 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. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. If your property is listed with a real estate broker, please disregard. Each Office Is Independently Owned And Operated. Broker DRE #01767484 | Doug Echelberger DRE #01176379