the GREEN sheet | November 2018

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N O V E M B E R 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


I N TODAY’S M ARKE T, P R E S E NTATIO N M AT TE R S I was having a conversation with a client that handles high

is at a more basic level of having a clean, presentable home

end luxury car sales and we were talking about the similarities

that shows at it’s best; a home where all the light bulbs work,

between his business and mine. He was explaining that

switch plates are clean, base boards are clean, bedrooms are

buyers are limited for luxury used cars and he may only have

picked up, bathrooms are clean, windows are clean, walls do

one or two opportunities to sell the car in the first thirty-to-

not have marks all over them, clutter is removed, trees are

sixty days. If it does not sell, then it goes to auction and his

trimmed and the landscape looks manicured . When time

sure that the presentation of the car is the absolute best

stand out from others. It’s also important to have a plan in

opportunity and profit is gone. He said that he must make at any given time when it is on the lot because he never

knows when that buyer opportunity may come. It seems so basic and logical yet it is something that is passed over and

is spent perfecting the presentation of the home it will place to maintain the presentation during the time on the market. When buyer’s see deferred maintenance at a home, it leads them to believe other important components of the

forgotten in the real estate industry.

home may also have been neglected. Of course the above

If you have been hearing the chatter or paying attention

possible price on your home. Choosing a lower price point

to real estate, you are aware that we have slowed down

to overcome condition or objections is also a strategy but

considerably. What we don’t know is if this is a sign of what’s

not an option most homeowners choose first. Take time to

to come in 2019 or if this is just the regular slowdown we

look at your home objectively like a product you are putting

experience every year in the fourth quarter. There is really no

out in a showroom. This will help your home stand out from

way of knowing until we hit spring of 2019, as spring time is

others and give your home the best opportunity to sell.

information is assuming that the goal is to get the best

always a better time to judge the market. What we do know now is there are fewer buyers in the market, they have more

Doug Echelberger and his team provide the expertise and

choices and homes are taking longer to sell.

resources necessary to make it easier for their clients. More

This brings me back to my car comparison. If you are selling a home in this market and trying to obtain the best possible

price, you may only have a few real opportunities to match

than 24 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

with the right buyer. Presentation of your property is critical.

Pacific Sotheby’s International Realty—and custom marketing

This is different than having the latest quartz counter tops,

strategies to regular updates and prompt communication

white walls and today's trends installed in your home. This

that makes transactions efficient and stress-free.

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 14 Via Paquete

4 bed | 3 bath | 3,015 sq ft | 5,040 sq ft lot

as only a model home can be, this stylish residence at Talega’s Miraleste neighborhood in San Clemente offers a virtually endless array of custom upgrades. Enter through a covered front porch into a bright and sophisticated setting, where a fireplace-warmed living room and a formal dining room are joined by romantic archways. Offering backyard views, the casual kitchen and great room space is equally impressive thanks to a built-in media center, fireplace, dining nook, a spacious island with bar seating, white cabinetry with glass uppers, quartz countertops, white tile backsplash, walk-in pantry, and stainless-steel KitchenAid and Thermador appliances. Slate flooring embellishes the main level, which also includes a den/office with built-ins, a full bath, a wine cellar, and a versatile tech center off the kitchen featuring a built-in desk. The molding, wainscoting, generous storage space and built-ins, designer carpet, wiring for audio, a second-floor laundry room with sink, and an extended two-car garage. Exceptionally sized, the opulent master suite showcases a dry bar with mini refrigerator, a sitting area, two walk-in closets with mirrored doors, a sit-down vanity, a jetted tub and separate shower. Approximately 5,040 square feet, grounds offer scenic canyon, hill and tree views that capture the eye in a beautiful backyard with patios, raised planter beds with seating walls, shade trees, synthetic turf, private built-in BBQ and above ground spa. The home’s desirable cul-de-sac location is close to golf, trails, schools, shopping and the famous beaches of San Clemente. w w w .14V i a P a q u e t e . c o m

2 | w w w.E c hel berger.c o m

open four-bedroom, three-bath floorplan of approximately 3,015 square feet is further refined with plantation shutters, crown


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

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ADDRESS TRACT PRICE BED BATH SQFT

In Escrow Sold 2018

1| 2| 3| 4| 5| 6| 7| 8| 9| 10 |

45 Calle Careyes 9 Calle Careyes 30 Calle Aveituna 1 Calle Careyes 31 Via Buen Corazon 14 Via Paquete 13 Via Abajar 2 Via Santander 5 Calle Boveda 46 Avenida Cristal

11 | 16 Calle Galeria 31 Calle Viviana*** 20 Via Conocido* 18 Via Alcamo* 17 Calle Loyola* 17 Corte Cabrito* 27 Via Torina*** 12 Via Paulina* 422 Camino Bandera* 17 Via Lampara* 18 Calle Castillo* 30 Corte El Brazo* 20 Calle Mattis* 32 Via Jacobea* 40 Calle De La Luna* 14 Calle Castillo* 18 Via Cancion* 23 Via Jacobea** 9 Calle Saltamontes* 19 Paseo Carla* 17 Via Abajar* 33 Via Cristobal* 52 Avenida Cristal*** 29 Paseo Luna*

Careyes Careyes Mirador Careyes Cazadero Miraleste San Lucar Amalfi Solana Carmel

$1,995,000 $1,775,000 $1,695,000 $1,675,000 $1,300,000 $1,069,000 $949,000 $839,900 $829,000 $798,000

5 4 6 5 5 4 4 3 4 3

5.5 4.5 6.5 5.5 4.5 3 3 2.5 2.5 3

4,689 4,689 5,202 5,367 3,849 3,015 2,512 2,237 1,972 2,385

Waterleaf

$929,000

2

2

2,166

$2,950,000 $2,550,000 $1,970,000 $1,635,000 $1,540,000 $1,535,000 $1,525,000 $1,525,000 $1,390,000 $1,340,000 $1,310,000 $1,250,000 $1,240,000 $1,199,000 $1,195,000 $1,095,000 $1,050,000 $1,045,000 $925,000 $920,000 $885,000 $805,000 $495,000

5 5 5 6 5 4 5 5 4 5 5 6 5 5 4 5 5 4 4 5 3 3 2

5.5 5.5 5.5 6.5 4.5 3.5 5.5 4.5 4.5 4.5 4.5 6.5 4 4 4.5 3 4 3 3 3.5 2.5 2 2

Lucia Lucia Alta Alora Carillon Carillon Alora Pacifica Talega Alora Pacifica Summit Cazadero Carillon Catania Cantabria Pacifica Summit Miraleste Catania Sansol Caprizi San Lucar Sabella Carmel Alassio

5,777 6,055 4,850 4,503 3,786 3,573 4,400 4,333 4,026 4,372 3,850 4,170 3,547 3,512 3,952 3,015 3,547 3,212 2,566 3,147 2,088 2,050 1,356

EXPERIENCE and KNOWLEDGE makes a significant difference when it comes to SELLING and BUYING a home in TALEGA. Call or email DOUG ECHELBERGER your TALEGA EXPERT for a COMPLIMENTARY HOME EVALUATION or visit WWW. E G ROUP VAL UE . COM !

949.498.7711 | DOUG@ECHELBERGER.COM * Represented Seller

** Represented Buyer

***Represented Seller and Buyer

4 | w w w.E chel berger. co m

Acti v e


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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 O C TO B ER

TOWNHOMES

TRACT/STREET

STATUS

Alassio

Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 64 Paseo Rosa 1 Paseo Luna 404 Calle Campanero 44 Paseo Luna 3 Paseo Verde 72 Paseo Del Rey 12 Paseo Luna

PRICE

PRICE/SQ FT SQ FT* BED/BATH GARAGE

LOT SIZE*

COE

Active Active Active Active Active Pending SOLD SOLD SOLD SOLD SOLD SOLD SOLD

$599,000 $579,000 $535,000 $505,000 $499,998 $500,000 $618,000 $580,000 $510,000 $507,000 $500,000 $485,000 $443,000

$359 $347 $364 $410 $406 $341 $371 $348 $347 $345 $336 $394 $360

1,668 1,668 1,468 1,232 1,232 1,468 1,668 1,668 1,468 1,468 1,487 1,232 1,232

3/3 3/3 2/3 2/3 2/3 2/3 3/3 3/3 3/3 3/3 2/2 2/3 2/3

2 2 2 2 2 2 2 2 2 2 2 2 2

-- -- -- -- -- -- -- -- -- -- -- -- --

8/7/18 8/31/18 7/17/18 7/19/18 9/13/18 10/15/18 10/15/18

46 Avenida Cristal Visit www.TalegaGreenSheet.com 10 Camino Lozano

Active Active SOLD

$798,000 $729,000 $745,000

$335 $356 $361

2,385 2,050 2,066

3/3 2/2 3/2

2 2 2

-- -- --

9/27/18

Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 9 Paseo Vista 68 Paseo Verde 174 Paseo Vista 122 Paseo Vista

Active Active Pending SOLD SOLD SOLD SOLD

$710,000 $689,000 $625,000 $700,000 $684,000 $625,000 $554,775

$364 $388 $358 $359 $385 $352 $317

1,952 1,776 1,748 1,952 1,776 1,776 1,748

3/3 3/3 3/3 3/3 3/3 3/3 3/3

2 2 2 2 2 2 2

-- -- -- -- -- -- --

7/20/18 7/16/18 7/3/18 7/18/18

Active Pending SOLD

$529,000 $519,000 $620,000

$381 $370 $386

1,388 1,402 1,606

2/2 2/2 3/3

2 2 2

-- -- --

9/24/18

Active Active Active Pending Pending SOLD SOLD SOLD SOLD SOLD

$649,000 $509,500 $509,000 $639,000 $515,000 $705,000 $657,500 $640,000 $640,000 $487,625

$353 $377 $377 $347 $381 $383 $350 $340 $340 $361

1,840 1,351 1,351 1,840 1,351 1,840 1,881 1,881 1,881 1,351

3/3 2/2 2/2 3/3 2/2 3/3 3/3 3/3 4/3 2/2

2 2 2 2 2 2 2 2 2 2

-- -- -- -- -- -- -- -- -- --

8/10/18 7/6/18 8/31/18 7/16/18 8/30/18

Carmel

Santalana

Trinidad

Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 31 Calle Viveza

Verano

Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 22 Corte Loarre 75 Via Cartaya 42 Via Villena 21 Corte Loarre 44 Via Villena

5 | w ww.E che l b erg er.c o m

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

2ND BATTALION 4TH MARINES WELCOME HOME PARADE | November 9, 2018 at 10am

Salute our troops at a parade to welcome home the City's adopted Marine Corps Unit - the 2/4 Marines. 1,000 strong marching, USMC Band, and Classic Cars with 2/4 retired Marines across the USA. Ceremony to follow immediately at the Marine Monument at Park Semper Fi. For additional information and registration, please visit: ww w.San- Cl emente.org


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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 O C TO B ER

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 Visit www.TalegaGreenSheet.com 16 Via Paulina 15 Calle Loyola

Active SOLD SOLD

$1,799,000 $1,678,000 $1,435,000

$450 $362 $351

4,000 4,635 4,094

4/5 5/6 5/6

3 3 3

9,131 8,241 6,389

Active

$2,395,000

$441

5,436

5/6

2

9,879

9/21/18 10/1/18

Alta Visit www.TalegaGreenSheet.com

Amalfi 2 Via Santander Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 13 Via Oviendo

Active Active Pending Pending

$839,900 $839,000 $899,000 $835,000

$375 $376 $379 $374

2,237 2,234 2,369 2,234

3/3 4/3 3/3 4/3

2 2 2 2

3,778 4,200 3,888 3,808

Active SOLD

$1,299,000 $1,080,000

$346 $287

3,757 3,757

4/3 4/3

3 3

6,330 6,330

7/16/18

Active SOLD SOLD SOLD

$1,150,000 $1,200,000 $1,199,000 $1,165,000

$327 $319 $341 $382

3,512 3,767 3,512 3,050

5/4 5/5 5/4 4/4

3 3 3 2

7,663 8,010 9,135 7,606

10/2/18 9/18/18 7/27/18

Active SOLD

$859,000 $925,000

$354 $360

2,427 2,566

3/3 4/3

2 2

4,101 6,006

7/17/18

Active Active Active Active Active Active SOLD

$2,199,000 $1,995,000 $1,799,000 $1,775,000 $1,675,000 $1,644,900 $1,715,000

$453 $425 $386 $379 $312 $334 $339

4,855 4,689 4,656 4,689 5,367 4,918 5,061

5/6 5/6 4/5 4/5 5/6 5/6 5/6

3 3 3 3 3 4 3

9,452 11,108 11,108 9,235 12,153 11,021 9,322

7/4/18

Active SOLD

$1,499,000 $1,500,000

$396 $382

3,786 3,928

5/5 5/5

3 3

6,606 9,110

8/13/18

Pending Pending SOLD SOLD SOLD

$1,248,000 $1,150,000 $1,240,000 $1,188,000 $1,080,000

$346 $324 $350 $360 $304

3,602 3,547 3,547 3,296 3,547

5/5 5/4 5/4 5/4 5/4

3 2 2 3 2

5,489 5,629 6,844 6,752 6,360

7/13/18 9/4/18 9/7/18

Active SOLD

$1,289,000 $1,310,000

$335 $340

3,849 3,850

5/5 5/5

3 3

8,806 6,621

9/24/18

Bella Vista Visit www.TalegaGreenSheet.com 20 Calle Altea

Cantabria Visit www.TalegaGreenSheet.com 10 Calle Celestial 40 Calle De La Luna 21 Calle Celestial

Caprizi Visit www.TalegaGreenSheet.com 19 Paseo Carla

Careyes Visit www.TalegaGreenSheet.com 45 Calle Careyes 41 Calle Careyes 9 Calle Careyes 1 Calle Careyes Visit www.TalegaGreenSheet.com 65 Calle Careyes

Carillon 34 Visit www.TalegaGreenSheet.com 32 Calle Mattis

Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 32 Via Jacobea 14 Via Soria 18 Via Fontibre

Cazadero Visit www.TalegaGreenSheet.com 30 Corte El Brazo

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

Catania


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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 O C TO B ER

S I N G L E - FA M I LY H O M E S TRACT/STREET

Escala

Visit www.TalegaGreenSheet.com 21 Via Apuesto 30 Via Ceramica 14 Calle Frutas 40 Via Ceramica

Farralon Ridge

Visit www.TalegaGreenSheet.com 477 Camino Flora Vista 445 Camino Flora Vista

Lucia

20 Via Conocido

Mirador

30 Calle Aveituna Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 16 Via Divertirse 13 Via Divertirse 21 Calle Aveituna

Miraleste

14 Via Paquete 13 Via Belleza 28 Via Belleza 22 Via Belleza

Montellano

Visit www.TalegaGreenSheet.com 7 Corte De Nubes

Monterey

116 Via Plumosa

Pacifica Summit 18 Calle Castillo

Pacifica Talega

304 Camino Mira Monte

Portofino

Visit www.TalegaGreenSheet.com 30 Calle Portofino

Portomarin

7 | w w w.E c he l berger. co m

64 Via Regalo 17 Via Regalo

Ravenna

22 Via Nerisa 16 Corte Jaime 27 Via Nerisa

SAN CLEMENTE FUN FACT

STATUS

PRICE

PRICE/SQ FT SQ FT* BED/BATH GARAGE

LOT SIZE*

COE

Pending SOLD SOLD SOLD SOLD

$890,000 $980,000 $925,000 $921,500 $880,000

$359 $400 $367 $366 $349

2,478 2,453 2,520 2,520 2,520

4/3 4/3 4/3 4/3 4/3

2 2 2 2 2

5,889 7,352 5,743 4,357 6,058

8/8/18 8/31/18 7/13/18 10/9/18

Active SOLD SOLD

$869,000 $885,500 $830,000

$360 $367 $344

2,414 2,414 2,414

4/3 4/3 4/3

2 2 2

4,003 5,068 6,536

10/9/18 7/19/18

SOLD

$2,550,000

$421

6,055

5/6

4

16,415

9/24/18

Active Active Pending Pending SOLD SOLD SOLD

$1,695,000 $1,550,000 $1,635,000 $1,575,000 $1,470,000 $1,339,000 $1,295,000

$326 $298 $347 $335 $328 $346 $280

5,202 5,202 4,706 4,706 4,488 3,870 4,631

6/7 7/7 5/6 5/6 6/6 4/4 5/6

2 3 4 4 3 3 3

12,225 9,588 9,300 8,903 10,342 10,949 11,117

7/23/18 7/10/18 9/7/18

Active SOLD SOLD SOLD

$1,069,000 $1,120,000 $1,050,000 $998,000

$355 $371 $315 $310

3,015 3,015 3,338 3,218

4/3 4/3 4/4 4/3

2 3 3 3

5,040 8,347 7,775 6,429

7/13/18 9/17/18 8/27/18

Active SOLD

$1,659,000 $1,500,000

$347 $331

4,785 4,531

5/5 5/5

3 3

9,941 15,583

8/31/18

SOLD

$1,155,000

$338

3,415

5/4

3

7,549

9/24/18

SOLD

$1,340,000

$307

4,372

5/5

3

7,644

7/25/18

SOLD

$1,115,000

$307

3,627

4/4

3

6,840

7/13/18

Pending SOLD

$1,030,000 $980,000

$341 $366

3,024 2,675

4/4 4/3

2 2

6,312 7,007

9/27/18

SOLD SOLD

$1,050,000 $1,030,000

$338 $357

3,108 2,884

5/3 4/3

2 2

5,318 4,941

9/27/18 7/5/18

SOLD SOLD SOLD

$1,375,000 $1,250,000 $1,240,000

$338 $291 $314

4,068 4,300 3,955

4/5 5/6 4/4

2 3 2

7,931 6,355 7,533

8/1/18 7/18/18 7/25/18

In the 1950’s Trestles and Cottons officially became one of the best surf breaks in California. w w w. S a n C l e m e n t e J o u r n a l .c o m


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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 O C TO B ER

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

Sabella Visit www.TalegaGreenSheet.com

Active

$899,000

$431

2,088

3/3

2

4,011

Visit www.TalegaGreenSheet.com

Active

$879,000

$335

2,627

4/3

2

3,840

53 Calle Akelia

SOLD

$992,000

$367

2,701

4/3

3

7,000

20 Via Cuenta Nueva

SOLD

$899,000

$382

2,351

4/3

2

9,074

18 Via Cuenta Nueva 33 Via Cristobal

21 Via Cuenta Nueva

SOLD SOLD SOLD

$929,000 $885,000 $870,000

$354 $424 $322

2,627 2,088 2,701

4/3 3/3 4/3

2 2 3

6,864 7,031 8,112

8/8/18

7/23/18 9/25/18 7/6/18

7/27/18

San Lucar 13 Via Abajar

Active

$949,000

$378

2,512

4/3

2

4,758

3 Via Abajar

SOLD

$893,000

$341

2,615

4/3

2

5,000

Active

$1,175,000

$344

3,414

4/4

3

11,934

10/10/18

San Rafael Visit www.TalegaGreenSheet.com

Sansol Visit www.TalegaGreenSheet.com

Active

$985,000

$321

3,069

4/3

2

5,369

52 Corte Vidriosa

SOLD

$1,275,000

$382

3,340

4/3

2

8,850

5 Corte Abeja

SOLD

$937,500

$290

3,238

4/4

2

5,817

7/20/18

8/3/18

Seaside Visit www.TalegaGreenSheet.com

Active

$929,500

$352

2,641

5/3

3

4,668

24 Calle Pelicano

SOLD

$900,000

$341

2,641

5/3

2

5,180

Visit www.TalegaGreenSheet.com

Active

$875,000

$380

2,300

4/3

2

3,500

5 Calle Boveda

Active

$849,000

$431

1,972

4/3

2

4,553

Pending

$725,000

$316

2,294

4/3

2

3,850

SOLD

$799,000

$405

1,972

4/3

2

3,890

1 Calle Camaron

SOLD

$770,000

$307

2,507

3/3

2

8,370

9/25/18 7/3/18

Solana

Visit www.TalegaGreenSheet.com 9 Calle Tejado

3 Calle Boveda

SOLD

$770,000

$428

1,800

3/3

2

4,378

8/3/18

10/4/18

Stella Mare 84 Via Regalo

Active

$1,179,000

$341

3,453

4/4

2

6,699

36 Via Andaremos

SOLD

$1,350,000

$355

3,806

5/5

2

9,816

9/25/18

68 Via Regalo

SOLD

$1,325,000

$355

3,729

5/5

3

9,776

8/20/18

68 Via Regalo

44 Paseo Lerida

SOLD SOLD

$1,325,000 $1,200,000

$355 $346

3,729 3,465

5/5 5/5

3 3

9,776 5,691

8/20/18 7/3/18

Visit www.TalegaGreenSheet.com

Pending

$1,075,000

$341

3,153

5/3

2

6,741

207 Via Malaga

SOLD

$1,070,000

$371

2,888

5/3

3

8,093

10/1/18

204 Plaza Los Corales

SOLD

$960,000

$364

2,637

5/3

3

6,944

8/24/18

109 Plaza Via Sol 202 Via Malaga

SOLD SOLD

$1,050,000 $925,000

$349

$325

3,008

2,850

5/3

5/3

3

2

6,968

6,316

7/26/18

8/15/18

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8 | w w w.E c he l berger.c o m

Terra Linda


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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 O C TO B ER

SENIOR 55 & OLDER TRACT/STREET

Sandbridge

Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 19 Camino Lienzo 16 Corte Rivera

Seagarden

Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 57 Corte Pinturas

Waterleaf

16 Calle Galeria 7 Camino Alenza 7 Camino Del Prado

Watercrest

Visit www.TalegaGreenSheet.com

STATUS

PRICE

PRICE/SQ FT SQ FT* BED/BATH GARAGE

LOT SIZE*

Active Active Pending SOLD SOLD

$1,350,000 $1,149,000 $1,369,900 $1,250,000 $1,144,000

$475 $404 $508 $463 $313

2,841 2,841 2,699 2,699 3,650

3/2 3/2 2/2 2/2 3/3

2 2 2 2 2

Active Active SOLD

$779,900 $749,500 $788,500

$399 $475 $403

1,957 1,578 1,957

3/2 2/2 3/2

2 2 2

Pending SOLD SOLD

$929,000 $925,000 $810,000

$429 $362 $374

2,166 2,554 2,166

2/2 3/2 2/2

2 2 2

6,403 6,968 5,954

Active

$784,000

$447

1,752

2/2

2

4,545

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.

5,868 6,152 5,955 7,540 6,721

COE

9/7/18 8/17/18

7/3/18

7/16/18 7/24/18

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 he l berger. co m

Talega Averages Single Family ACTIVE (33) PENDING SALE (12) SOLD (60)

List Price $1,326,661 $1,113,408 $1,156,652

SqFt DOM List $ PSF 3,566 101 $372 3,081 67 $363 3,279 53 $353

Sold Price

Sold $ PSF

$1,137,458

$347

Condo/Townhouse ACTIVE (15) PENDING SALE (5) SOLD (19)

List Price $624,660 $559,600 $615,584

SqFt DOM List $ PSF 1,660 43 $376 1,698 67 $362 1,681 32 $366

Sold Price $604,758

Sold $ PSF $360

*Approximate The Green Sheet is based on information from the Association of REALTORS®/Multiple Listing Service as of 10.16.2018 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 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 since 6.31.2018 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.


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 O C TO B ER

MARKET SUMMARY • The active listing inventory increased by 91 homes in the past two weeks and now totals 7,292. The inventory has still not reached a peak for 2018. Normally it peaks between July and August. Last year, there were 5,215 homes on the market, 2,077 fewer than today. • So far this year, 14% fewer homes have come on the market below $500,000 compared to last year, and there have been 26% fewer closed sales. Fewer and fewer homes and condominiums are now priced below $500,000. This price range is slowly vanishing. • Demand, the number of pending sales over the prior month, decreased in the past two-weeks by 76 pending sales, and now totals 1,974. Demand peaked in mid-May at 2,726 pending sales. Last year, there were 2,393 pending sales, 18% more than today. • The average list price for all of Orange County remained at $1.5 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 still a very slight Seller’s Market (less than 90 days) with an expected market time of 82 days. This range represents 43% of the active inventory and 58% of demand. • For homes priced between $750,000 and $1 million, the expected market time is 99 days, a Balanced Market (between 90 to 120 days). This range represents 20% of the active inventory and 22% of demand. • For homes priced between $1 million to $1.25 million, the expected market time is 124 days, just eclipsing the Buyers Market territory (over 120 days). • For luxury homes priced between $1.25 million and $1.5 million, the expected market time increased from 143 to 152 days. • For luxury homes priced between $1.5 million and $2 million, the expected market time increased from 170 to 207 days. • For luxury homes priced between $2 million and $4 million, the expected market time decreased from 384 to 368 days. • For luxury homes priced above $4 million, the expected market time increased from 354 to 463 days. • The luxury end, all homes above $1.25 million, accounts for 29% of the inventory and only 13% of demand. • The expected market time for all homes in Orange County increased from 105 to 110 days, a Balanced Market (between 90 to 120 days). It was at 65 days last year. • Distressed homes, both short sales and foreclosures combined, made up only 1% of all listings and 1.5% of demand. There are only 22 foreclosures and 48 short sales available to purchase today in all of Orange County, 70 total distressed homes on the active market, down by 8 from two-weeks ago. Last year there were 67 total distressed homes on the market, nearly identical to today. • There were 2,090 closed residential resales in September, 24% fewer than September 2017’s 2,746. September marked a 25% drop over August 2018. The sales to list price ratio was 96.9% for all of Orange County. Foreclosures accounted for just 0.4% of

for more information on current oc housing market, visit our blog at

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10 | w w w. Ec he l berger. co m

all closed sales, and short sales accounted for 0.3%. That means that 99.3% of all sales were good ol’ fashioned sellers with equity.


presorted standard us postage

PAID

permit#1007

302 N. El Camino Real, Suite 214 | San Clemente, CA 92672

santa ana, ca

talega events | november 2018 Spreading Holiday Joy Through Donations Now through Tuesday, November 20th

The MOMS Club® of Talega will be adopting five local families through Family Assistance Ministries to provide each a traditional Thanksgiving meal this coming holiday season. Please join the moms and little ones in the giving spirit by donating the following items: non-perishable goods – such as green beans, cranberry sauce, gravy, boxed stuffing, and/or grocery store gift cards to be used towards turkeys and fresh items. Visit www.TalegaToday.com for additional details.

Home Hospitality

Thursday, November 22nd | 9:30am - 10am | TSAC Clubhouse Several Talega families are hosting active duty Marines in their home on Thanksgiving Day. We would love to give them a big welcome to the Talega community. Meet at the Talega Swim and Athletic Clubhouse on Thanksgiving morning from 8:45am to 9:30am to cheer and welcome them as they arrive by bus. Visit www.TalegaToday.com for additional details.

DOUG ECHELBERGER OVER 640+ SUCCESSFULLY CLOSED TRANSACTIONS IN TALEGA

#KeepingItRealEstate in San Clemente Since 1994

artfully uniting extraordinary homes with extraordinary lives®: we believe luxury is an experience, not a price point Knowledge | Honesty | Integrity

DOUG ECHELBERGER

949.498.7711 Doug@Echelberger.com

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


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