the GREEN sheet | October 2018

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t he

GREEN sheet

TA L EGA’S RED-HOT RE A L E STAT E M A R KE T


FEEL IN G T HE SEAS O NA L M A R K E T S LOW D OW N? EC HEL BERGER GR O U P H A S A WAY A R O U ND IT

Fall is in the air and the heat of summer is subsiding, but

The benefit to a homeowner is that their agent can still actively

the days and nights of autumn aren’t the only thing cooling

market the home, but they do not burn Days on Market in

down. As happens nearly every year, the approach of the

the MLS to do so. We market pocket listings throughout the

holiday season brings a slowdown in the real estate market.

year for our clients, but with our inventory and potential

The number of active listings will start to shrink and home

market growing in the fall and early winter, this is the best

sales will begin to ease up. This is a common occurrence for

time to consider “going stealth” and exploring the option

a variety of reasons: Some homeowners do not like to be on the market during the holidays; others need to reset their Days on Market in the Multiple Listing Service (requiring a 90-day break from appearing on the MLS), and some simply just need a break. So what about those who still want to sell their home during the fourth quarter? Many homes come on the market

of a pocket listing.

From fall and winter through spring and summer, Doug Echelberger and his team provide the expertise and resources necessary to make it easier for their clients. More than 24 years of experience has given Echelberger Group the edge in local knowledge and connections. Echelberger Group

during this period, and many of them sell. What is the best

provides a comprehensive range of services, from industry-

approach? Our team at Echelberger Group includes experts

leading technology—backed by its partnership with Pacific

who specialize in pocket listings, or off-market listings. Pocket

Sotheby’s

listing is a term that agents use to describe a property that

strategies to regular updates and prompt communication

is for sale, but is not being actively marketed on the MLS.

that makes transactions efficient and stress-free.

International

Realty—and

custom

marketing

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 6 bed | 6.5 bath | 5,202 sq ft | 12,225 sq ft lot

Generous proportions inside and out provide ample and stylish room to grow at this luxurious home in San Clemente, where scenic views, a top-of-cul-de-sac location and an impressive list of included amenities are virtually unparalleled in the master-planned community of Talega. At approximately 12,225 square feet, the residence’s homesite feels like a private park, complete with a large lawn, putting green, a pool with sun shelf and waterfalls, a bubbling spa, custom fireplace, built-in BBQ with bar seating, two courtyards with elegant fountains, and picturesque hillside and city-light views. Abundant space awaits indoors as well, where six ensuite bedrooms include two on the main level, six-and-one-half baths are luxuriously appointed, and high ceilings increase the home’s spacious feel. Approximately 5,202 square feet, the grand residence welcomes guests in a rotunda entry and makes them feel at home in a two-story foyer with circular staircase, a formal living room with fireplace, a formal dining room with built-in wine racks, a dry bar with mini refrigerator, and a great room with fireplace and built-in media center. An oversized island with bar seating is ideal for entertaining in a magnificent kitchen that shines with stainless-steel appliances, a built-in Sub-Zero refrigerator, Wolf six-burner range, double oven, wood cabinetry, pantry, a large breakfast room with French doors to the side-yard patio, and granite countertops with stone backsplash. Luxuriate in a fabulous master suite that hosts an extra-large dual-entry shower with adjacent seating, a jetted tub, fireplace, and a two-door walk-in closet. Wired for sound, the residence continues to impress with a versatile bonus room, home theater room and a three-car garage. Wood and stone flooring, ceiling fans, plantation shutters and designer paint lend added appeal. w w w .30C a l l e A v e i t u n a . c o m

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

30 Calle Aveituna


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

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ADDRESS TRACT PRICE BED BATH SQFT

Acti v e

Sold 2018

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

45 Calle Careyes 9 Calle Careyes 30 Calle Aveituna 1 Calle Careyes 14 Via Paquete 16 Calle Galeria 4 Via Jarabe 2 Via Santander 5 Calle Boveda 46 Avenida Cristal 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 Miraleste Waterleaf Amalfi Amalfi Solana Carmel

$2,049,000 $1,775,000 $1,695,000 $1,675,000 $1,100,000 $929,000 $885,000 $859,900 $849,000 $798,000

5 4 6 5 4 2 4 3 4 3

5.5 4.5 6.5 5.5 3 2 2.5 2.5 2.5 3

4,689 4,689 5,202 5,367 3,015 2,166 2,369 2,237 1,972 2,385

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

$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

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

review from your talega neighbor "If you are in the market to buy or sell a property in south Orange County California look no further. This is the sixth home that I have purchased and sold in my lifetime. I must say that Doug and his team have far surpassed the level of service I have ever experienced with any of them. His team is a well-oiled machine. Communication from them was excellent!!! They were on top of the entire process. They answered our questions and took the worry out of the sale of our home. On a side note, I interviewed other agents/agent teams. They both commented that when working with a large company such as Doug's that you will only see him until he gets the listing and then you will only deal with inexperienced agents who will fill in for him. That couldn't have been farther from the truth. Doug was very responsive within an hour or so if he was with a client. I talked to Doug at least once per week and he was always friendly, professional and made you feel like a friend. His experience and advise was invaluable when discussing a listing price and evaluating the offers we received. You can be sure that when we purchase our next home there will only be one real estate company [agent] on our list...Doug Echelberger!!!"

~ Sam Belvedere (Calle De La Luna | Talega, San Clemente) * Represented Seller

** Represented Buyer

***Represented Seller and Buyer

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

to all of my inquiries. If he didn't answer my call immediately he quickly responded by text and let me know when he could call. Usually,


the

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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 S EP T E M B ER

TOWNHOMES

TRACT/STREET

STATUS

PRICE

PRICE/SQ FT SQ FT* BED/BATH GARAGE

LOT SIZE*

COE

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

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

$614,900 $589,000 $505,000 $500,000 $499,998 $505,000 $445,000 $618,000 $580,000 $510,000 $507,000 $500,000

$369 $353 $410 $341 $406 $410 $361 $371 $348 $347 $345 $336

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

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

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

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

Active Active Pending

$798,000 $729,000 $779,500

$335 $356 $377

2,385 2,050 2,066

3/3 2/2 3/2

2 2 2

-- -- --

Active SOLD SOLD SOLD SOLD

$699,000 $700,000 $684,000 $625,000 $554,775

$394 $359 $385 $352 $317

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

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

2 2 2 2 2

-- -- -- -- --

Active Pending

$519,000 $599,000

$370 $373

1,402 1,606

2/2 3/3

2 2

-- --

Active Pending SOLD SOLD SOLD SOLD SOLD

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

$347 $381 $383 $350 $340 $340 $361

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

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

2 2 2 2 2 2 2

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

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

Carmel 46 Avenida Cristal Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com

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

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

Trinidad Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com

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

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

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

HUNGER WALK | October 21, 2018 from 12:30pm - 3pm

Join in the tradition for San Clemente's 31st Annual Hunger Walk. Bring your friends and family out to support this fun event to raise funds and awareness to STOMP OUT HUNGER in our local area. For additional information and registration, please visit: www.F a mi l y - A ss i s t a n c e . 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 S EP T E M B ER

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

Alora

Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com

Alta

Visit www.TalegaGreenSheet.com 14 Via Alcamo

STATUS

PRICE

PRICE/SQ FT SQ FT* BED/BATH GARAGE

LOT SIZE*

Active Pending Pending

$1,799,000 $1,749,000 $1,489,000

$451 $377 $364

3,989 4,635 4,094

4/5 5/6 5/6

3 3 3

9,131 8,241 6,389

Active Active

$2,395,000 $1,878,500

$441 $366

5,436 5,136

5/6 5/6

2 3

9,879 10,306

COE

Visit www.TalegaGreenSheet.com 4 Via Jarabe 2 Via Santander Visit www.TalegaGreenSheet.com 13 Via Oviendo

Bella Vista

Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 20 Calle Altea

Cantabria

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

Caprizi

Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 19 Paseo Carla

Careyes

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

Carillon

Visit www.TalegaGreenSheet.com 32 Calle Mattis

Catania

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

Cazadero

Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 30 Corte El Brazo

Active Active Active Active Active

$899,000 $885,000 $859,900 $849,900 $835,000

$379 $374 $384 $380 $374

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

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

2 2 2 2 2

3,888 4,073 3,778 4,200 3,808

Active Active SOLD

$1,299,000 $1,175,000 $1,080,000

$346 $322 $287

3,757 3,646 3,757

4/3 4/3 4/3

3 3 3

6,330 4,886 6,330

7/16/18

Active Active Pending Pending SOLD

$1,299,000 $1,150,000 $1,200,000 $1,199,000 $1,165,000

$426 $327 $319 $341 $382

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

3/3 5/4 5/5 5/4 4/4

2 3 3 3 2

8,614 7,663 8,010 9,135 7,606

7/27/18

Active Active SOLD

$1,050,000 $889,000 $925,000

$433 $366 $360

2,427 2,427 2,566

4/3 3/3 4/3

2 2 2

5,179 4,101 6,006

7/17/18

Active Active Active Active Active Active SOLD

$2,199,000 $2,049,000 $1,799,000 $1,775,000 $1,748,000 $1,675,000 $1,715,000

$453 $437 $386 $379 $355 $312 $339

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

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

3 3 3 3 4 3 3

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

7/4/18

Active SOLD

$1,574,000 $1,500,000

$416 $382

3,786 3,928

5/5 5/5

3 3

6,606 9,110

8/13/18

Active SOLD SOLD SOLD

$1,175,000 $1,240,000 $1,188,000 $1,080,000

$331 $350 $360 $304

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

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

2 2 3 2

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

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

Active Active Pending

$1,595,000 $1,299,000 $1,345,000

$391 $337 $349

4,082 3,849 3,850

5/5 5/5 5/5

3 3 3

8,623 8,806 6,621

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

Amalfi


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 S EP T E M 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

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

Active Pending SOLD SOLD SOLD

$890,000 $899,900 $980,000 $925,000 $921,500

$359 $357 $400 $367 $366

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

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

2 2 2 2 2

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

8/8/18 8/31/18 7/13/18

Active Pending SOLD

$889,000 $899,000 $830,000

$368 $372 $344

2,414 2,414 2,414

4/3 4/3 4/3

2 2 2

4,003 5,068 6,536

7/19/18

Pending

$2,775,000

$458

6,055

5/6

4

16,415

Active Active Pending SOLD SOLD SOLD

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

$326 $303 $347 $328 $346 $280

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

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

2 3 4 3 3 3

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

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

Active Pending SOLD SOLD

$1,100,000 $1,100,000 $1,120,000 $998,000

$365 $330 $371 $310

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

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

2 3 3 3

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

7/13/18 8/27/18

Active SOLD

$1,689,000 $1,500,000

$334 $331

5,058 4,531

5/6 5/5

3 3

9,941 15,583

8/31/18

Pending

$1,199,000

$351

3,415

5/4

3

7,549

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

$980,000

$366

2,675

4/3

2

7,007

Pending SOLD

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

$338 $357

3,108 2,884

5/3 4/3

2 2

5,318 4,941

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

Farralon Ridge Visit www.TalegaGreenSheet.com Visit www.TalegaGreenSheet.com 445 Camino Flora Vista

Lucia 20 Via Conocido

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

Miraleste 14 Via Paquete Visit www.TalegaGreenSheet.com 13 Via Belleza 22 Via Belleza

Montellano Visit www.TalegaGreenSheet.com 7 Corte De Nubes

Monterey Visit www.TalegaGreenSheet.com

Pacifica Summit 18 Calle Castillo

Pacifica Talega

304 Camino Mira Monte

Portofino Visit www.TalegaGreenSheet.com

Portomarin

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

Visit www.TalegaGreenSheet.com 17 Via Regalo

Ravenna

22 Via Nerisa 16 Corte Jaime 27 Via Nerisa

SAN CLEMENTE FUN FACT

San Clemente State Beach was dedicated on Lincoln’s Birthday, February 12, 1932, members of the San Clemente Post No. 331 of the American Legion participated in planting the first tree at San Clemente State Beach. 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 S EP T E M 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

$924,900

$352

2,627

4/3

2

3,840

Visit www.TalegaGreenSheet.com

Active

$899,000

$431

2,088

3/3

2

4,011

Visit www.TalegaGreenSheet.com

Pending

$899,000

$382

2,351

4/3

2

9,074

53 Calle Akelia

SOLD

$992,000

$367

2,701

4/3

3

7,000

33 Via Cristobal

SOLD

$885,000

$424

2,088

3/3

2

7,031

18 Via Cuenta Nueva 21 Via Cuenta Nueva

SOLD SOLD

$929,000 $870,000

$354 $322

2,627 2,701

4/3 4/3

2 3

8/8/18

6,864

7/23/18

8,112

7/27/18

7/6/18

San Lucar Visit www.TalegaGreenSheet.com

Active

$899,800

$344

2,615

4/3

2

5,000

Active

$1,188,800

$348

3,414

4/4

3

11,934

San Rafael Visit www.TalegaGreenSheet.com

Sansol Visit www.TalegaGreenSheet.com

Active

$999,999

$326

3,069

4/3

2

5,369

52 Corte Vidriosa

SOLD

$1,275,000

$382

3,340

4/3

2

8,850

Visit www.TalegaGreenSheet.com

Active

$929,500

$352

2,641

5/3

3

4,668

Visit www.TalegaGreenSheet.com

Pending

$910,000

$345

2,641

5/3

2

5,180

SOLD

$770,000

$307

2,507

3/3

2

8,370

Visit www.TalegaGreenSheet.com

Active

$875,000

$380

2,300

4/3

2

3,500

Visit www.TalegaGreenSheet.com

Active

$725,000

$316

2,294

4/3

2

3,850

Visit www.TalegaGreenSheet.com

Pending

$780,000

$433

1,800

3/3

2

4,378

SOLD

$799,000

$405

1,972

4/3

2

3,890

84 Via Regalo

Active

$1,179,000

$341

3,453

4/4

2

6,699

Visit www.TalegaGreenSheet.com

Active

$1,079,900

$319

3,388

4/4

2

5,180

Visit www.TalegaGreenSheet.com

Pending

$1,350,000

$355

3,806

5/5

2

9,816

SOLD

$1,325,000

$355

3,729

5/5

3

9,776

Pending

$1,089,000

$377

2,888

5/3

3

8,093

109 Plaza Via Sol

SOLD

$1,050,000

$349

3,008

5/3

3

6,968

7/26/18

202 Via Malaga

SOLD

$925,000

$325

2,850

5/3

2

6,316

8/15/18

5 Corte Abeja

SOLD

$937,500

$290

3,238

4/4

2

5,817

7/20/18

8/3/18

Seaside

1 Calle Camaron

7/3/18

Solana

9 Calle Tejado

8/3/18

Stella Mare

68 Via Regalo

44 Paseo Lerida

SOLD

$1,200,000

$346

3,465

5/5

3

5,691

8/20/18 7/3/18

Visit www.TalegaGreenSheet.com 204 Plaza Los Corales

SOLD

$960,000

$364

2,637

5/3

3

6,944

8/24/18

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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 S EP T E M 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 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 SOLD

$758,500 $788,500

$481 $403

1,578 1,957

2/2 3/2

2 2

Active 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

$789,000

$450

1,752

2/2

2

4,545

as we age we demand specialists for our health needs, so why not for our housing and equity needs as well?

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

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Talega Averages Single Family ACTIVE (40) PENDING SALE (19) SOLD (44)

List Price $1,291,987 $1,113,873 $1,133,759

SqFt DOM List $ PSF 3,457 80 $374 3,212 59 $348 3,276 57 $346

Sold Price

Sold $ PSF

$1,119,136

$342

Condo/ Townhouse ACTIVE (11) PENDING SALE (6) SOLD (15)

List Price $642,582 $543,917 $624,507

SqFt DOM List $ PSF 1,714 46 $375 1,698 52 $380 1,720 32 $363

Sold Price

Sold $ PSF

$613,160

$356

*Approximate The Green Sheet is based on information from the Association of REALTORSÂŽ/Multiple Listing Service as of 7.19.2018 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 S EP T E M B ER

MARKET SUMMARY • The active listing inventory increased by 137 homes in the past two weeks, up 2%, and now totals 7,207. Expect the inventory to peak in the next couple of weeks. Last year, there were 5,493 homes on the market, 1,714 fewer than today. • So far this year, 16% fewer homes have come on the market below $500,000 compared to last year, and there have been 25% 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, increased in the past two-weeks by 5 pending sales, and now totals 2,167. Demand peaked in mid-May at 2,726 pending sales. Last year, there were 2,520 pending sales, 16% 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 slight Seller’s Market (less than 90 days) with an expected market time of 74 days. This range represents 42% of the active inventory and 56% of demand. • For homes priced between $750,000 and $1 million, the expected market time is 92 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 111 days, a Balanced Market. • For luxury homes priced between $1.25 million and $1.5 million, the expected market time increased from 124 to 134 days. • For luxury homes priced between $1.5 million and $2 million, the expected market time decreased from 174 to 164 days. • For luxury homes priced between $2 million and $4 million, the expected market time increased from 257 to 291 days. • For luxury homes priced above $4 million, the expected market time decreased from 449 to 328 days. • The luxury end, all homes above $1.25 million, accounts for 30% of the inventory and only 15% of demand. • The expected market time for all homes in Orange County increased from 98 to 100 days, a Balanced Market (between 90 to 120 days). • Distressed homes, both short sales and foreclosures combined, made up only 0.9% of all listings and 1.5% of demand. There are only 25 foreclosures and 43 short sales available to purchase today in all of Orange County, 68 total distressed homes on the active market, up by 12 from two-weeks ago. Last year there were 88 total distressed homes on the market, 29% more than today. • There were 2,784 closed residential resales in August, 11% fewer than August 2017’s 3,116. August marked a 1% increase over July 2018. The sales to list price ratio was 97.8% for all of Orange County. Foreclosures accounted for just 0.4% of all closed sales,

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

and short sales accounted for 0.6%. That means that 99% 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 | october 2018

Blind Wine Tasting Saturday, October 13th | 7:00pm - 9:30pm | TSAC Clubhouse Do you consider yourself a Sommelier or maybe you just like a good glass of wine? Here is your chance to taste several different concealed wines and try to guess what type, year and cost. There will be prizes for those who participate in a friendly challenge of “can you identify what you are drinking?” Visit www.TalegaToday.com for additional details.

Harvest | Oktober Fest Saturday, October 27th | 1pm - 4pm | TSAC Facility Are you looking for some rootin’ tootin’ fun? Mosey on down to the clubhouse and celebrate the fall season with Talega; it is great for families and adults without children. There will be games, a dunk tank, food, live music, a chuck wagon, pumpkins, free beer, brats and fun! Visit www.TalegaToday.com for additional details.

DOUG ECHELBERGER TALEGA’S #1 REALTOR® since 2003 with OVER $600 MILLION in SALES and 640+ 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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