the GREEN sheet | November 2021 by Echelberger Group

N O V E M B E R 2 0 2 1

t he

GREEN sheet

TA LE GA’S RED-HOT R E A L E STAT E M A RK ET

IT'S ALL IN THE NUMBERS Like me, many of you are interested in following the numbers that track sales and related information in Talega. This year we have experienced unbelievable sales within the community, as reflected in the chart below:

So far, as you can see, 2021 has proven to be a record-changing year. If you have any questions about the numbers, please feel free to give me a call or send me a text at 949.463.0400.

Echelberger Group provides the expertise and resources necessary to make it easier for its clients. More than 20 years of experience in Talega and 52 years living in San Clemente, Doug and his team have an 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.

F E AT U R E D R E S I D E N C E

12 Corte Vizcaya

Luxurious Vizcaya Estate

5 bed | 5.5 bath | 5,539 sq ft | 11,620 sq ft lot

Reflecting your impeccable taste and hard-earned success, this extensively upgraded Talega estate in San Clemente maximizes the advantages of a front-row location overlooking the community’s championship golf course. Panoramic fairway and pond

views encompass rolling hills and evening lights, enriching indoor and outdoor living areas on both levels of the luxurious residence. Nestled in the limited-edition Vizcaya collection on an oversized homesite of about 11,620 square feet—among the largest along the neighborhood’s intimate cul-de-sac street—the turnkey home proudly presents five ensuite bedrooms including a main-floor suite, five-and-one-half baths, a wood-paneled office, and a custom-caliber game room with bay of windows and a mezzanine with built-in entertainment center. Formal areas ceiling. A butler’s pantry connects the dining room to a beautiful kitchen that displays a spacious island, walk-in pantry, stone countertops, a circular breakfast room, and stainless-steel Viking appliances. Sophisticated finishes and amenities elevate style and include wood flooring, high-end carpet, custom chandeliers, crown molding, French doors, and designer paint and window treatments. A custom driveway, mature landscaping and stone hardscaping captivate in the front, with a generous backyard easily accommodating fabulous poolside entertaining and embellishing it with views, a spa, loggia and built-in BBQ bar.

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include an elegant foyer, a living room with dramatic fireplace and vaulted ceiling, and a dining room with window seat and illuminated tray

TA L E G A R E S I D E N C E S Dou g Ech e l b erger h a s a PROVEN track reco rd in Talega Real Esta te 1 2 C ORTE V IZCAYA

9 CALLE PACIFICA

2 3 0 8 V IA LOS TILOS

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3 00 CALLE CAM PANE RO

4 2 3 V IA DIV ERTIR SE J U ST SOLD IN 5 DAYS

8 VIA ABA JAR JUST SOLD ABOVE ASK

2 6 PASEO LUNA J U ST SOLD IN 3 DAYS

20 CALLE PACIFICA SOLD IN 5 DAYS

TA L E G A R E S I D E N C E S Re p rese n te d by Do u g Ech elberger

act i ve

2 0 2 1 YTD

c losi n gs

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ADDRESS

TRACT

12 Corte Vizcaya 9 Calle Pacifica 308 Via Los Tilos 300 Calle Campanero

Vizcaya Pacifica Summit San Rafael Alassio

13 Calle Tamara 20 Via Conocido 45 Via Conocido 36 Via Alcamo 1 Calle Careyes 41 Calle Vista Del Sol 44 Calle Vista Del Sol 16 Via Conocido 67 Calle Careyes 31 Via Alcamo 23 Via Divertirse 18 Calle Pacifica 47 Calle Mattis 20 Calle Pacifica 45 Via Cartama 308 Camino Bravado 10 Calle Alumbrado 8 Calle Portofino 53 Via Cartama 19 Via Abrazar 6 Calle Portofino 214 Via Marfino 8 Via Abajar 33 Via Cristobal 1 Via Zamora 202 Via Sedona 414 Camino Flora Vista 36 Avenida Cristal 11 Calle Merecida 26 Paseo Luna 26 Corte Pinturas

Alta Lucia Lucia Alta Careyes Montellano Montellano Lucia Careyes Alta Mirador Pacifica Summit Carillon Pacifica Summit Catania Pacifica Talega Portofino Portofino Catania Miraleste Portofino San Rafael San Lucar Sabella Amalfi Monterey Farralon Ridge Carmel Carmel Alassio Seagarden

* Represented Seller

PRICE

BED

BATH

SQFT

$3,189,000 $1,895,000 $1,625,000 $750,000

5 5 5 3

5.5 3.5 4.5 3.5

5,539 3,601 3,536 1,484

$2,850,000 $2,800,000 $2,750,000 $2,540,000 $2,350,000 $2,299,000 $2,235,000 $2,200,000 $2,180,000 $2,160,000 $2,139,626 $1,945,000 $1,925,000 $1,900,000 $1,675,000 $1,575,000 $1,550,000 $1,520,000 $1,515,000 $1,485,000 $1,480,000 $1,450,000 $1,330,000 $1,225,000 $1,220,000 $1,135,000 $950,000 $820,000 $799,000 $785,000 $750,000

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

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

5,380 *** 6,055 ** 6,246 * 4,752 *** 5,290 * 4,774 * 4,686 * 6,070 * 4,689 * 5,068 * 4,631 * 4,220 * 3,942 * 3,632 * 3,497 * 3,866 * 2,770 * 3,030 * 3,497 * 3,338 ** 3,042 * 3,140 *** 2,969 * 2,300 * 2,369 * 3,111 * 2,414 * 2,050 ** 2,358 *** 1,668 * 2,053 ***

** Represented Buyer

*** Represented Seller and Buyer

DOUG ECHELBERGER 949.498.7711 | doug@echelberger.com

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 vi si t us onl i ne or c al l 949.498.7711 .

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call us today, for a COMPLIMENTARY home evaluation from talega's most experienced real estate agent

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

TOWNHOMES TRACT/STREET

STATUS

PRICE

PRICE/SQ FT

SQ FT*

BED/BATH

GARAGE

LOT SIZE*

COE

24 Paseo Luna

Pending

$800,000

$480

1,668

3/3

-- (A)

26 Paseo Luna

SOLD

$785,000

$471

1,668

3/3

10/18/21

406 Calle Campanero

SOLD

$670,000

$456

1,468

2/3

9/7/21

404 Calle Campanero

SOLD

$650,000

$443

1,468

3/3

9/7/21

Pending

$820,000

$348

2,358

3/3

-- (B)

8 Paseo Verde

SOLD

$900,000

$507

1,776

3/3

10/1/21

18 Paseo Verde

SOLD

$880,000

$496

1,776

3/3

8/3/21

162 Paseo Vista

SOLD

$810,000

$456

1,776

3/3

9/20/21

38 Paseo Vista

SOLD

$805,000

$461

1,748

3/3

9/30/21

23 Paseo Vista

SOLD

$800,000

$478

1,672

3/3

9/1/21

122 Paseo Vista

SOLD

$775,000

$443

1,748

3/3

8/9/21

Pending

$635,000

$457

1,388

2/2

-- (C)

2 Camino Celeste

SOLD

$900,000

$475

1,896

3/3

10/14/21

6 Calle Centello

SOLD

$785,000

$414

1,896

3/3

8/24/21

32 Via Villena

Active

$839,000

$446

1,881

4/3

-- (D)

26 Corte Javier

Active

$814,000

$433

1,881

4/3

-- (E)

15 Corte Loarre

Pending

$799,000

$434

1,840

3/3

(F)

83 Via Cartaya

SOLD

$605,000

$448

1,351

2/2

9/21/21

Alassio

Carmel 5 Camino Sendero

Santalana

Trinidad 33 Avenida Brio

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Verano

(A) = GreenTree Properties (B) = Fiduciary Real Estate Services (C) = Keller Williams Realty (D) = RANTAX, INC. (E) = Active Realty Inc (F) = Realty One Group West

“Doug and his team went above and beyond. He responded back to me every time I had a question or concern. We knew he was number one and when my husband and I walked into his office we knew he was our guy!!! Could not be happier with our outcome and if we ever do business again in California we will walk into his office and have him represent us again.” - Nicole & Jim G.

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

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 No Activity

Alta 14 Via Carina

Pending

$3,998,000

$760

5,263

5/6

11,648

16 Calle Tamara

SOLD

$3,299,000

$627

5,263

5/6

14,623

8/2/21

(A)

13 Calle Tamara

SOLD

$2,850,000

$530

5,380

5/6

10,199

8/9/21

SOLD

$1,220,000

$515

2,369

4/3

3,888

8/10/21

Pending

$1,600,000

$425

3,767

5/5

8,668

(B)

Active

$1,399,000

$545

2,566

4/3

4,690

(C)

Pending

$2,995,000

$632

4,736

5/6

10,672

(D)

Pending

$1,600,000

$401

3,990

5/5

6,408

(E)

SOLD

$1,885,000

$462

4,082

5/5

6,996

8/27/21

Amalfi 1 Via Zamora

Bella Vista No Activity

Cantabria 38 Calle De La Luna

Caprizi 22 Via Adrian

Careyes 15 Calle Sonador

Carillon No Activity

Catania No Activity

Cazadero 13 Via Buen Corazon 32 Corte El Brazo

23 Via Ceramica

Pending

$1,295,000

$508

2,550

4/3

6,435

(F)

13 Via Ceramica

SOLD

$1,380,000

$548

2,520

4/3

5,446

8/19/21

19 Via Ceramica

SOLD

$1,260,000

$508

2,478

4/3

5,889

9/16/21

7 Via Ceramica

SOLD

$1,255,000

$506

2,478

4/3

5,128

8/9/21

(A) = Coldwell Banker Realty (B) =Keller Williams Realty Irvine (C) = Keller Williams Realty (D) =Keller Williams OC Coastal Realty (E) = Pacific Sotheby's Int'l Realty (F) = HomeSmart, Evergreen Realty

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Escala

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

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

Pending

$1,388,000

$635

2,186

4/3

6,674

(A)

SOLD

$1,350,000

$559

2,414

4/3

4,050

10/18/21

31 Via Conocido

Pending

$3,850,000

$642

6,000

5/6

14,534

(B)

19 Calle Tamara

Pending

$3,100,000

$586

5,293

7/7

9,786

(C)

SOLD

$3,400,000

$583

5,829

5/6

15,966

Farralon Ridge 501 Corte Del Oro 460 Camino Flora Vista

Lucia

53 Via Conocido

9/10/21

Mirador 17 Calle Canella

Pending

$2,300,000

$465

4,951

6/7

8,718

(D)

23 Via Divertirse

SOLD

$2,139,626

$462

4,631

5/6

9,245

9/30/21

18 Via Divertirse

SOLD

$2,050,000

$430

4,762

4/6

10,093

10/1/21

14 Calle Gaulteria

SOLD

$1,750,000

$452

3,870

5/4

8,863

8/20/21

SOLD

$2,150,000

$713

3,015

4/3

12,373

8/2/21

20 Calle Vista Del Sol

SOLD

$2,400,000

$504

4,766

5/6

11,173

8/26/21

12 Calle Vista Del Sol

SOLD

$2,200,000

$462

4,766

5/6

9,875

8/9/21

4 Calle Angelitos

SOLD

$2,160,000

$450

4,800

5/6

12,009

8/6/21

9 Calle Pacifica

Active

$1,895,000

$526

3,601

5/4

10,958

(C)

20 Calle Pacifica

SOLD

$1,900,000

$523

3,632

4/4

9,514

8/31/21

402 Camino Bandera

SOLD

$2,150,000

$496

4,333

5/5

7,389

9/27/21

308 Camino Bravado

SOLD

$1,900,000

$491

3,866

6/6

8,387

8/25/21

SOLD

$1,550,000

$560

2,770

4/4

7,380

8/26/21

Miraleste 15 Via Cancion

Montellano

Monterey No Activity

Pacifica Summit

Pacifica Talega

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Portofino 10 Calle Alumbrado

(A) = Coldwell Banker Realty (B) = Forbes & Associates (C) = Pacific Sotheby's International Realty (D) = Team OC Realty

"My wife and I have bought and sold six residences in the past years. Doug Echelberger and his staff were the most professional, responsive, and accommodating than any realtor we encountered during all those transactions. We highly recommend them." - Gabriel & Dodie D.

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

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

Portomarin

11 Via Jenifer

STATUS

PRICE

PRICE/SQ FT

SQ FT*

BED/BATH

GARAGE

LOT SIZE*

COE

SOLD

$1,410,000

$491

2,872

5/4

4,805

8/6/21

Pending

$1,999,999

$475

4,209

5/6

6,788

(A)

Ravenna 33 Via Nerisa

Sabella 28 Via Cristobal

Pending

$1,299,000

$553

2,351

3/3

5,316

(B)

14 Paseo Canos

SOLD

$1,230,000

$477

2,579

4/3

4,494

10/6/21

SOLD

$1,330,000

$448

2,969

4/4

6,589

10/12/21

San Lucar

8 Via Abajar

San Rafael 307 Via El Patio

Active

$1,550,000

$456

3,398

5/4

6,826

(C)

505 Via El Risco

Pending

$1,675,000

$474

3,531

5/5

6,128

(D)

SOLD

$1,650,000

$479

3,445

5/4

5,908

9/20/21

102 Via Monte Picayo 108 Via Monte Picayo

SOLD

$1,400,000

$396

3,536

5/5

6,785

9/3/21

Sansol 21 Calle Saltamontes 53 Corte Vidriosa

Pending

$1,575,000

$472

3,340

4/3

6,590

(E)

SOLD

$1,355,000

$442

3,069

4/3

8,697

8/12/21

Seaside 11 Calle Pelicano

Pending

$1,304,900

$521

2,507

5/3

5,374

(F)

17 Calle Guijarro

SOLD

$1,570,000

$594

2,641

4/3

6,368 6,256

9/1/21

8/19/21

Pending

$920,000

$544

1,690

3/3

4,289

(G)

SOLD

$1,060,000

$462

2,294

4/3

4,944

8/27/21

SOLD

$1,337,500

$495

2,702

4/3

6,016

8/30/21

SOLD

$1,625,000

$506

3,209

4/3

10,126

10/13/21

Active

$3,189,000

$576

5,539

5/6

11,620

(H)

8 Calle Pelicano

SOLD

$1,320,000

$477

2,769

6/3

Solana 20 Calle Tejado 9 Corte Abertura

26 Camino Azulejo

SOLD

$1,050,000

$458

2,294

4/3

4,401

10/5/21

Stella Mare No Activity

Terra Linda

227 Via Malaga

Vittoria

17 Via Picato

12 Corte Vizcaya

(A) = Luxre Realty, Inc. (B) = Compass (C) = eXp Realty of California, Inc. (D) = Distinctive Coast Properties (E) = GreenTree Properties (F) = Active Realty Inc (G) =Regency Real Estate Brokers (H) = Pacific Sotheby's Int'l Realty

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Vizcaya

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

SENIOR 55 & OLDER TRACT/STREET

STATUS

PRICE

PRICE/SQ FT

SQ FT*

BED/BATH

GARAGE

LOT SIZE*

COE

Pending

$1,250,000

$463

2,699

2/2

5,826

(A)

2 Calle Galleria

Active

$1,350,000

$529

2,554

2/2

6,735

(B)

18 Camino Del Prado

SOLD

$1,310,000

$489

2,554

3/2

6,343

9/20/21

4 Camino Del Prado

SOLD

$1,250,000

$489

2,554

3/2

5,041

8/27/21

Sandbridge 15 Corte Rivera

Seagarden No Activity

Waterleaf

Wavecrest No Activity (A) = Keller Williams Realty (B) = Berkshire Hathaway HomeServices

Talega Averages

Single Family ACTIVE (5) PENDING SALE (16) SOLD (34)

List Price $1,876,600 $2,044,996 $1,706,156

SqFt DOM 3,532 10 3,834 21 3,456 10

List $ PSF $526 $524 $494

Sold Price

Condo/Townhouse ACTIVE (2) PENDING SALE (4) SOLD (12)

List Price $826,500 $763,500 $751,483

SqFt DOM 1,881 12 1,814 38 1,687 10

List $ PSF $439 $430 $445

Sold Price

Sold $ PSF

$780,417

$463

$1,739,592

Sold $ PSF $503

EXPERIENCE and KNOWLEDGE makes a significant difference when it comes to SELLING and BUYING a home in TALEGA.

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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 The Green Sheet is based on information from the Association of REALTORS®/Multiple Listing Service as of 10.19.2021 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 8.1.2021 have been eliminated. If you would like the name, address, and phone number of the firm representing a specific property listed above, please email info@echelberger.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

ORANGE COUNTY MARKET SUMMARY •

The active listing inventory shed 137 homes in the past two weeks, down 6%, and now totals 2,042 homes, its lowest level since tracking. In September, there were 10% fewer homes that came on the market compared to the 3-year average between 2017 to 2019 (2020 was skewed due to COVID-19), 314 less. Last year, there were 4,173 homes on the market, 2,131 additional homes, or 104% more.

•

Demand, the number of pending sales over the prior month, decreased by 6 pending sales in the past two weeks, nearly unchanged, and now totals 2,515. Last year, there were 3,153 pending sales, 25% more than today due to a delay in the Spring Market because of COVID.

•

With large drops in the supply, the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, decreased from 26 to 24 days in the past couple of weeks, an extremely Hot Seller’s Market (less than 60 days). It was at 40 days last year, slower than today.

•

For homes priced below $750,000, the market is a Hot Seller’s Market (less than 60 days) with an Expected Market Time of 20 days. This range represents 29% of the active inventory and 35% of demand.

•

For homes priced between $750,000 and $1 million, the Expected Market Time is 18 days, a Hot Seller’s Market. This range represents 19% of the active inventory and 26% of demand.

•

For homes priced between $1 million to $1.25 million, the Expected Market Time is 20 days, a Hot Seller’s Market. This range represents 10% of the active inventory and 12% of demand.

•

For homes priced between $1.25 million to $1.5 million, the Expected Market Time is 19 days, a Hot Seller’s Market. This range represents 8% of the active inventory and 10% of demand.

•

For homes priced between $1.5 million and $2 million, the Expected Market remained unchanged at 29 days. For homes priced between $2 million and $4 million, the Expected Market Time increased from 41 to 49 days. For homes priced above $4 million, the Expected Market Time decreased from 135 to 129 days.

•

The luxury end, all homes above $1.5 million, accounts for 34% of the inventory and 16% of demand.

•

Distressed homes, both short sales and foreclosures combined, made up only 0.5% of all listings and 0.3% of demand. There are only 8 foreclosures and 3 short sales available to purchase today in all of Orange County, 11 total distressed homes on the active market, up 2 from two weeks ago. Last year there were 16 total distressed homes on the market, similar to today. There were 2,981 closed residential resales in September, 11% less than August 2020’s 3,336 closed sales. September marked a 4% drop compared to August 2021. The sales to list price ratio was 100.8% for all of Orange County. Foreclosures accounted for just 0.1% of all closed sales, and short sales accounted for 0.1%. That means that 99.8% of all sales were good ol’ fashioned sellers with equity.

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

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