Inhabit Real Estate Your Home is Here Summer Issue | 2024 THE GREEN SHEET REAL ESTATE
“Doug is an amazing person and real estate broker. We had a wonderful experience with Doug and his team as we purchased our dream home in San Clemente. Would highly recommend to anyone looking for a highly knowledgeable professional who will advocate for you.”
Joshua and Shulamit K.
The Green Sheet | Inhabit Real Estate
MESSAGE FROM OUR FOUNDER
SELLING A HOME WITH SOLAR PANELS
As the real estate market evolves, homeowners and buyers are increasingly considering the benefits of sustainable living. One of the most significant trends in this regard is the incorporation of solar panels. Selling a home equipped with solar panels presents unique advantages and considerations that can significantly impact the sale process.
THE BENEFITS OF SOLAR PANELS
Increased Home Value: Homes with solar panels often see a boost in market value, making them more attractive to potential buyers.
Appeal to Eco-Conscious Buyers: More buyers prioritize energy efficiency and sustainability. Homes with solar panels appeal to this growing market segment, providing a competitive edge in listings.
Reduced Energy Costs: One of the most compelling selling points is the promise of lower energy bills. Prospective buyers will appreciate the long-term savings on electricity, which can be a significant incentive.
CONSIDERATIONS WHEN SELLING
Ownership and Financing: Clarify whether the solar panels are owned outright or leased. Owned panels are a straightforward selling point, while solar panels with a loan or lease require additional steps and can deter some potential buyers.
Documentation and Warranties: Gather all relevant documentation, including installation records, warranties, and maintenance history. Providing this information upfront can instill confidence in buyers about the quality and reliability of the solar system. Sellers without their solar panel information, power production data, and details on transferring the system may face issues during contingency removal and complicate the transaction.
Appraisal, Buyer’s Financing, and Inspection: Ensure you have accurate information about your solar system. Appraisers can assign value to an owned system but need to know the number of panels and system details. Leased systems or those with a lien can affect the buyer’s loan qualification and debt ratios. Missing system monitoring data, transfer information, or other details can delay the buyer in removing inspection contingencies. Keeping or locating all information on your system is crucial when deciding to sell your home.
Disclosures: In California, a separate solar disclosure form is required. Inaccurate information can confuse buyers and fail to effectively communicate the system’s value. Ensure all details are precise to avoid any misunderstandings.
Market Education: Not all buyers are familiar with the benefits of solar energy. Be prepared to educate potential buyers on how the system works, the savings they can expect, and any incentives or rebates available for maintaining solar panels. An effective way to demonstrate the value of your system is to provide copies of your utility bills for the past 1-2 years.
Selling a home with solar panels is a unique opportunity to tap into the growing market for sustainable living. By highlighting the benefits, addressing potential concerns, providing necessary paperwork, and effectively marketing the property, you can turn solar panels into a significant selling point that resonates with today’s eco-conscious buyers.
Doug Echelberger, Founder
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Just Listed
Beautifully positioned on a large homesite, this exceptionally private home in Talega of San Clemente’s gated Careyes enclave is ready to embellish your lifestyle. A view-enriched lot with only one direct neighbor at the end of an intimate single-loaded cul-de-sac spans nearly 11,892 square feet and hosts a resort-caliber pool, spa, built-in BBQ and private courtyard. Indoor/outdoor living is rarely this outstanding. Approximately 5,061 square feet, the two-story home continues to impress with a towering two-story entry, five extra-spacious ensuite bedrooms, five-and-one-half baths, a casita, bonus room, solar power, three-car garage, and a newly upgraded kitchen with top appliances.
23CalleSonador.com
The Green Sheet | Inhabit Real Estate
23 Calle Sonador • Careyes • Talega 5 Bed | 5.5 Bath | 5,061 Sf | $3,595,000
FEATURED RESIDENCE
23 CALLE SONADOR
304 CAMINO BRAVADO
Just Listed
Welcome to a preferred way of living at 304 Camino Bravado in Talega of San Clemente, where this opulent Pacifica home is so impressively upgraded that it rivals custom estates. Located on a cul-de-sac homesite of about 8,794 square feet, the executive-class residence is complemented by a saltwater swimming pool and spa, custom outdoor fireplace, separate fire pit, and a heated entertainment pavilion with Lynx grill. Approximately 3,627 square feet on two levels, the interior reveals five bedrooms including a main-floor ensuite, four-and-one-half baths, a double-height entry, formal living and dining rooms, a fireplace-warmed family room, and a chef’s kitchen with nook, island, walk-in pantry and Thermador appliances.
304CaminoBravado.com
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304 Camino Bravado • Pacifica • Talega 5 Bed | 4.5 Bath | 3,627 Sf | $2,795,000
FEATURED RESIDENCE
The Green Sheet | Inhabit Real Estate
Sold
15 Calle Saltamontes
Over List Price • Tract: Sansol
5 Bed | 4 Bath | 3,238 Sf | $1,880,000
Sold
for Full
•
4 Bed | 4.5 Bath | 3,989 Sf | $2,950,000
29 Via Lampara | HIGHEST SALE & PPSF IN ALORA HISTORY
in 12 Days
Price
Tract: Alora
Sold
Full
•
27 Via Torina | HIGHEST PRICE PER SF IN CARILLON HISTORY
in 5 Days for
Price
Tract: Carillon 4 Bed | 3.5 Bath | 3,573 Sf | $2,750,000
ADDITIONAL RESIDENCES 2024 Closings
9 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 * Represented Seller ** Presented Buyer *** Represented Seller and Buyer Call us today for a complimentary home valuation from Talega’s most experienced real estate agent. Doug Echelberger 949.463.0400 | doug@echelberger.com
Status Address Tract Price Bed Bath SQ FT Active 23 Calle Sonador Careyes $3,595,000 5 5.5 5,061 Active 304 Camino Bravado Pacifica $2,795,000 5 4.5 3,627 In Escrow 17 Via Canero Caprizi $1,599,000 3 2.5 2,469
Current Listings
Address Tract Price Bed Bath SQ FT COE 13 Via Diego Alta $3,075,000 5 5.5 5,436 1.29.24** 29 Via Lampara Alora $2,950,000 4 4.5 3,989 6.4.24* 27 Via Torina Carillon $2,750,000 4 3.5 3,573 5.16.24* 14 Via Inca Catania $1,900,000 5 4 2,941 3.26.24** 15 Calle Saltamontes Sansol $1,880,000 5 4 3,238 4.9.24* 25 Via Cristobal Sabella $1,700,000 4 3 2,908 6.10.24* 21 Via Cristobal Sabella $1,640,000 5 3 2,817 1.2.24* 59 Paseo Verde Alassio $795,000 2 2.5 1,468 5.28.24** 14 Paseo Luna Alassio $775,000 2 2 1,487 4.16.24*
MARKET REPORT
TOWNHOMES
Home Values in Spring
SENIOR 55 & OLDER
The Green Sheet | Inhabit Real Estate
(A): Compass (B): Showcase Homes SoCal (C): Harcourts Prime Properties (D): Dinstinctive Coast Properties (E): Re/Max Champions (F): Re/Max Coastal Homes Tract/Street Status Price Price/SQ FT SQ FT Bed/Bath Garage Lot Size COE ALASSIO 9 Paseo Luna Active $859,000 $578 1,487 2/2 2 (A) 54 Paseo Luna Pending $785,000 $637 1,232 2/3 2 (B) 74 Paseo Luna Sold $925,000 $567 1,631 2/3 2 5.10.24 207 Calle Campanero Sold $920,000 $552 1,668 3/3 2 5.14.24 18 Paseo Luna Sold $879,000 $539 1,631 3/4 2 3.12.24 59 Paseo Verde Sold $795,000 $542 1,468 2/2 2 5.28.24 204 Calle Campanero Sold $775,000 $528 1,468 2/3 2 3.7.24 14 Paseo Luna Sold $775,000 $521 1,487 2/2 2 4.16.24 CARMEL 2 Calle Merecida Sold $1,285,000 $627 2,050 3/2 2 5.31.24 SANTALANA No activity TRINIDAD 6 Camino Celeste Pending $980,000 $601 1,630 3/3 2 (C) 10 Camino Celeste Sold $755,000 $544 1,388 2/2 2 4.5.24 VERANO 12 Via Villena Sold $990,000 $526 1,881 4/3 2 3.4.24
Tract/Street Status Price Price/SQ FT SQ FT* Bed/Bath Garage Lot Size* COE SANDBRIDGE 64 Camino Lienzo Pending $1,695,000 $597 2,841 2/2 2 6,472 (D) SEAGARDEN 29 Corte Pinturas Active $1,299,000 $851 1,526 2/2 2 (E) 15 Corte Pinturas Sold $1,460,000 $711 2,053 2/3 2 3.22.24 WATERLEAF 19 Camino Del Prado Pending $1,499,000 $587 2,554 3/2 2 5,210 (F) 25 Camino Del Prado Sold $1,450,000 $669 2,166 2/2 2 6,207 5.2.24 9 Camino Botero Sold $1,408,000 $650 2,166 3/2 2 5,802 5.20.24 23 Camino Del Prado Sold $1,399,000 $681 2,055 2/2 2 5,632 5.22.24 WAVECREST No activity The Green Sheet is based on information from the Association of REALTORS®/Multiple Listing Service as of 6.14.2024 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 Inhabit Real Estate 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 3.1.2023 have been eliminated.
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(A): Compass (B): eXp Realty of California Inc (C): Pacific Sotheby’s Int’l Realty (D): Compass (E): Surterre Properties (F): Coldwell Banker Realty (G): Douglas Elliman of California (H): Agentcor-Big Block Realty (I): Keller Williams OC Coastal Realty Tract/Street Status Price Price/SQ FT SQ FT* Bed/Bath Garage Lot Size* COE ALORA 29 Via Lampara S old $2,950,000 $740 3,989 4/5 3 6,580 6.4.24 ALTA 24 Via Carina Active $7,450,000 $1,416 5,263 4/6 2 10,610 (A) 32 Calle Viviana Sold $5,100,000 $981 5,200 6/7 2 19,237 5.30.24 24 Calle Tamara Sold $4,400,000 $905 4,862 4/5 3 10,718 4.12.24 AMALFI 6 Via Oviendo Pending $1,450,000 $565 2,567 3/3 2 (B) 12 Calle Verdadero Sold $1,870,000 $794 2,356 4/3 2 5,297 5.10.24 BELLA VISTA No activity CANTABRIA 21 Calle De La Luna Sold $2,750,000 $887 3,100 4/3 2 8,408 3.8.24 38 Calle De La Luna Sold $2,575,000 $684 3,767 5/5 2 8,668 6.13.24 CAPRIZI 18 Via Alonso Active $1,649,000 $679 2,427 3/3 2 6,369 (C) 17 Via Canero Pending $1,599,000 $648 2,469 3/3 2 4,612 CAREYES 41 Calle Careyes Active $4,299,000 $923 4,656 4/5 3 11,108 (D) 11 Calle Careyes Active $3,750,000 $699 5,367 5/6 3 9,888 (E) 23 Calle Sonador Active $3,595,000 $710 5,061 5/6 3 11,892 61 Calle Careyes Active $3,495,000 $751 4,656 4/5 3 9,278 (F) CARILLON 17 Via Lucena Active $2,515,000 $657 3,827 5/5 3 7,637 (F) 17 Via Franca Pending $2,799,000 $755 3,709 5/5 2 7,975 (G) 27 Via Torina Sold $2,750,000 $770 3,573 4/4 3 6,698 5.16.24 19 Via Lucena Sold $2,280,000 $644 3,538 5/4 3 6,007 6.4.24 CATANIA 25 Via Garona Active $2,149,000 $731 2,941 4/4 2 6,229 (H) 29 Via Soria Sold $2,250,000 $643 3,497 4/4 3 5,489 6.6.24 15 Via Soria Sold $2,200,000 $586 3,756 4/5 2 5,662 5.31.24 59 Via Cartama Sold $2,200,000 $629 3,497 5/4 3 6,821 4.22.24 14 Via Inca Sold $1,900,000 $646 2,941 5/4 2 7,248 3.26.24 CAZADERO 32 Via Buen Corazon Sold $2,798,500 $686 4,082 5/5 3 8,106 4.12.24 ESCALA No Activity FARRALON RIDGE 430 Camino Flora Vista Active $1,699,999 $725 2,344 4/3 2 4,293 (I) 603 Corte Calmo Sold $1,980,000 $862 2,297 4/3 3 5,699 4.23.24
Home Values in Spring SINGLE-FAMILY HOMES
SINGLE-FAMILY HOMES
Home Values in Spring
The Green Sheet | Inhabit Real Estate (A):
Tract/Street Status Price Price/SQ FT SQ FT* Bed/Bath Garage Lot Size* COE LUCIA 31 Via Conocido Active $5,750,000 $958 6,000 5/6 4 14,534 (A) MIRADOR 17 Calle Aveituna Active $2,898,888 $630 4,599 5/6 3 8,774 (A) 30 Via Divertirse Sold $3,050,000 $586 5,202 6/7 3 11,625 4.29.24 MIRALESTE 11 Via Cancion Pending $1,895,000 $612 3,098 5/3 3 7,423 (B) 13 Via Abrazar Sold $2,400,000 $724 3,313 5/4 2 10,006 6.12.24 MONTELLANO 51 Calle Vista Del Sol Active $3,588,000 $704 5,099 5/6 3 9,817 (B) 6 Calle Vista Del Sol Coming Soon $2,995,000 $708 4,229 4/5 3 9,568 (C) 41 Calle Vista Del Sol Sold $3,330,000 $706 4,715 5/6 3 14,304 5.22.24 66 Calle Vista Del Sol Sold $3,136,000 $655 4,788 6/6 3 10,277 4.24.24 MONTEREY 216 Via Sedona Pending $2,095,000 $613 3,415 5/4 3 8,264 (D) 101 Via Sabinas Pending $1,950,000 $571 3,415 5/3 3 7,182 (B) 319 Via Promesa Sold $1,825,000 $557 3,278 5/3 3 5,725 4.22.24 PACIFICA SUMMIT No Activity PACIFICA TALEGA 304 Camino Bravado Active $2,795,000 $771 3,627 5/5 4 8,794 400 Camino Bandera Sold $3,790,000 $816 4,643 5/5 2 9,147 5.22.24 PORTOFINO 8 Calle Alumbrado Active $2,045,000 $718 2,850 4/3 3 8,403 (E) 17 Calle Alumbrado Pending $2,149,500 $669 3,213 6/3 2 6,397 (B) 20 Calle Portofino Sold $2,025,000 $749 2,704 5/3 2 6,922 4.18.24 17 Calle Alumbrado Sold $1,625,000 $506 3,213 6/3 2 6,397 4.5.24 PORTOMARIN 33 Via Regalo Sold $1,798,000 $602 2,987 5/3 3 6,440 4.8.24 37 Via Regalo Sold $1,690,000 $566 2,987 4/3 3 5,879 5.1.24 15 Via Timon Sold $1,645,000 $573 2,872 4/3 2 6,259 3.19.24 RAVENNA 25 Via Nerisa Active $2,499,000 $576 4,335 4/5 3 10,252 (F) 21 Via Nerisa Active $2,489,000 $612 4,068 4/5 3 7,765 (G) 32 Via Nerisa Sold $2,520,000 $619 4,068 4/5 3 7,815 6.6.24 SABELLA 25 Via Cristobal Sold $1,700,000 $585 2,908 4/3 2 5,234 6.10.24 SAN LUCAR No Activity
Csira Properties Inc (B): Coldwell Banker Realty (C): DonnaJean Realty + Lending (D): Surterre Properties Inc (E): Sharp Homes (F): Redfin (G): Compass
SINGLE-FAMILY HOMES
Home Values in Spring
TALEGA AVERAGES
13 (A): Real Broker (B): Coastal Elite Real Estate Inc Tract/Street Status Price Price/SQ FT SQ FT* Bed/Bath Garage Lot Size* COE SAN RAFAEL 107 Via Monte Picayo Sold $1,925,500 $567 3,398 5/4 3 6,341 3.22.24 SANSOL 6 Corte Abeja Sold $2,350,000 $732 3,212 4/3 3 6,418 3.22.24 15 Calle Saltamontes Sold $1,880,000 $581 3,238 5/4 2 6,450 4.9.24 SEASIDE 9 Calle Guijarro Sold $2,150,000 $798 2,695 5/3 3 9,091 3.25.24 6 Calle Guijarro Sold $1,900,000 $631 3,010 4/3 2 7,815 4.22.24 SOLANA 7 Corte Estante Active $1,650,000 $719 2,294 4/3 2 4,337 (A) 7 Corte Pasillo Active $1,298,000 $768 1,690 3/3 2 3,916 (B) 23 Camino Azulejo Sold $1,575,000 $734 2,145 4/3 2 4,398 5.28.24 4 Corte Pasillo Sold $1,425,000 $723 1,972 4/3 2 4,726 3.28.24 2 Corte Abertura Sold $1,400,000 $710 1,972 4/3 2 5,337 4.19.24 STELLA MARE 73 Via Regalo Sold $2,690,000 $715 3,703 5/5 3 8,368 3.20.24 47 Paseo Lerida Sold $2,150,000 $577 3,729 5/5 3 7,198 5.29.24 TERRA LINDA 224 Via Malaga Sold $1,799,000 $623 2,888 5/3 3 6,336 3.5.24 VITTORIA 15 Via Elda Sold $2,250,000 $785 2,867 5/3 2 6,645 6.5.24 40 Via Armilla Sold $2,240,000 $665 3,370 4/4 2 5,888 5.28.24 VIZCAYA 8 Corte Vizcaya Sold $4,500,000 $812 5,539 5/6 3 10,019 3.1.24 2 Corte Vizcaya Sold $3,705,000 $658 5,633 5/5 3 16,867 6.3.24 4 Corte Vizcaya Sold $2,925,000 $583 5,013 5/6 3 10,189 4.19.24 Type List Price SQ FT DOM List $ PSF Sold Price Sold $ PSF SINGLE FAMILY Coming Soon (1) $2,995,000 4,229 0 $708 Active (18) $3,089,716 3,950 40 $764 Pending Sale (9) $1,750,286 2,964 24 $607 Sold (46) $2,409,820 3,454 21 $698 $2,383,891 $690 CONDO/TOWNHOME Active (2) $1,079,000 1,507 44 $714 Pending Sale (2) $882,500 1,431 21 $619 Sold (10) $953,690 1,673 18 $570 $955,900 $571
local roots, global reach
At Inhabit Real Estate, we don’t just sell properties; we cultivate connections. With a hyperlocal focus on the communities we serve, live, work, and contribute to, we’ve crafted unparalleled expertise and local insights that set us apart.
Our team of experienced agents and staff are deeply rooted in your neighborhood, possessing an intimate understanding of its nuances. This allows us to tailor our services to your unique needs, ensuring a seamless experience.
With a global network spanning over 55 countries, we showcase your home to the largest audience of potential buyers all over the world. Discover the advantage of partnering with a team that combines local knowledge with global connections.
REAL ESTATE *based on closed team sales for Echelberger Group
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#1 in sales volume in San Clemente* $2 BILLION in sales and over 2,000 closed transactions 55 COUNTRIES represented within the global network of Who’s Who in Luxury Real Estate YEARS experience selling real estate in San Clemente 30
YEARS
OC MARKET UPDATE
01 The active listing inventory in the past couple of weeks increased by 166 homes, up 6%, and now sits at 2,786. In May, 36% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 1,497 less. 358 more sellers came on the market this May compared to May 2023. Last year, there were 2,196 homes on the market, 590 fewer homes, or 21% less. The 3-year average before COVID (2017 to 2019) was 6,501, or 133% extra, more than double.
02 Demand, the number of pending sales over the prior month, decreased by ten pending sales in the past two weeks, down 1%, and now totals 1,640. Last year, there were 1,595 pending sales, 3% less. The 3-year average before COVID (2017 to 2019) was 2,766, or 69% more.
03 With supply rising and demand falling, the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, increased from 48 to 51 days in the past couple of weeks. It was 41 days last year, faster than today. The 3-year average before COVID (2017 to 2019) was 71 days, slower than today.
04 In the past two weeks, the Expected Market Time for homes priced below $750,000 decreased from 39 to 38 days. This range represents 17% of the active inventory and 23% of demand.
05 The Expected Market Time for homes priced between $750,000 and $1 million decreased from 36 to 33 days. This range represents 14% of the active inventory and 23% of demand.
06 The Expected Market Time for homes priced between $1 million and $1.25 million increased from 27 to 34 days. This range represents 9% of the active inventory and 13% of demand.
07 The Expected Market Time for homes priced between $1.25 million and $1.5 million increased from 38 to 42 days. This range represents 11% of the active inventory and 13% of demand.
08 The Expected Market Time for homes priced between $1.5 million and $2 million increased from 37 to 48 days. This range represents 12% of the active inventory and 13% of demand.
09 In the past two weeks, the expected market time for homes priced between $2 million and $4 million increased from 76 to 86 days. For homes priced between $4 million and $6 million, the Expected Market Time increased from 154 to 167 days. For homes priced above $6 million, the Expected Market Time increased from 384 to 476 days.
10 The luxury end, all homes above $2 million, account for 37% of the inventory and 15% of demand.
11 Distressed homes, both short sales and foreclosures combined, comprised only 0.3% of all listings and 0.2% of demand. Only five foreclosures and two short sales are available today in Orange County, with seven total distressed homes on the active market, up one from two weeks ago. Last year, eight distressed homes were on the market, similar to today.
12 There were 1,968 closed residential resales in April, up 16% compared to April 2023’s 1,696, and up 10% from March 2024. The sales-to-list price ratio was 100.4% for Orange County. Foreclosures accounted for 0.05% of all closed sales, and short sales accounted for 0.15%. 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 market reports on our website.
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 visit us online or call 949.498.7711
15
Inhabit Real Estate
302 N El Camino Real, Suite 214
San Clemente, CA 92672
Office 949.498.7711
inhabitrealestate.com
FROM THE BLOG
Market Report
Price is ultimately the most critical first impression of a home. Sellers only get one shot at this first impression. After the initial ten days of coming on the market, most seasoned buyers have seen the home.
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From the Laguna Beach Festival of Arts and 4th of July Celebrations to the annual Ocean Fest and Summer Concert Series, we’ve got you covered for all events happening in and around San Clemente for the month of July.
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Inspiring Backyards
When it comes to my backyard, I want it to feel like a permavacation during the summer—I’m talking cozy places to lounge, a great view, and a constant stream of frozen drinks handed to me hourly.
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Inhabit Real Estate Your Home is Here Summer Issue | 2024 PRESORTED STANDARD US POSTAGE PAID PERMIT #1007 SANTA ANA, CA REAL ESTATE
