The Caudill Team CalDRE# 01455303 Steve Caudill (760) 685-8877 CalDRE# 01524589 Steve@TheCaudillTeam.com www.TheCaudillTeam.com www.NCVHomes.com
Each office independently owned and operated.
12780 High Bluff Drive Ste.130 San Diego, CA 92130
North Coast Village Real Estate Market Report | July/August 2022
Certified Luxury Home Marketing Specialist
NCV’S #1 SALES PROFESSIONALS FOR 14 CONSECUTIVE YEARS!
San Diego And Orange County’s #1 Keller Williams Team For 2 Consecutive Years! More than 375 NCV Homes Sold by The Caudill Team! Keller Williams – The World’s #1 Company
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Prepared for Future Friends and Neighbors
The Caudill Team August 2021 newsletter included the following information excerpted from First Tuesday Journal June 2021. (This excerpt was prior to the interest rate hikes and other economic factors.)
In 2021, expect to see today’s San Diego County bubble market reach a peak, to be dragged down heading into 2022 by the coming wave of distressed sales upon expiration of the foreclosure moratorium. San Diego’s housing market will likely begin a consistent recovery around 2024-2025. Expect home sales volume to fall back in 2022. Expect sales volume and prices to bottom around 2022-2023 when homebuyers will return in greater numbers to push the housing market to its next recovery, expected to begin around 2024-2025.
Diane Hartley, President
and has earned the Certified Luxury Home Marketing Specialist™ designation for superior performance, achieved GUILD™ recognition for sales at or above one million dollars, and is a Member of The Institute for Luxury Home Marketing through
completed the Luxury Home Marketing training on
certifies that
THE INSTITUTE FOR LUXURY HOME MARKETING
NCV Owners and Agents
• No matter where you live in the Country, it’s important that you list your home with a real estate professional – not just a real estate agent. A professional will consistently work a minimum of “six months in advance of the market” (as projected above) and will keep you, the seller, informed of projected upswings and downturns. In a luxury home market, such as NCV, consider listing with an agent trained and experienced in working with luxury home sellers, buyers AND who’s able to work with other luxury home agents bringing offers on your luxury home/condominium. The professional will always present your property with beautiful marketing pieces, competent write-ups, and professional copy. • See the attached affirmation from “CLHMS” for Steve Caudill’s years of training and teaching in luxury home marketing and sales. He would consider it a privilege to talk with you regarding listing your NCV or San Diego County home. Friends and Neighbors, I’m committed to protecting home values in your community. If you are considering selling your all available visit:plan and extensive home, call me todayTo at search 949.447.4444 to discussNCV how myproperties, unique marketing South Laguna market knowledge can get you the most money for your home.
WWW.NORTHCOASTVILLAGEHOMES.COM Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | © 2022
Presented by The Caudill Team Your North Coast Village Real Estate Professionals WWW.NCVHOMES.COM
2022 MID-YEAR SNAPSHOT
The Caudill Team NCV Owners and Agents
Certified Luxury Home Marketing Specialist
CalDRE# 01455303 Steve Caudill CalDRE# 01524589 (760) 685-8877 Steve@TheCaudillTeam.com www.TheCaudillTeam.com www.NCVHomes.com
Building G A A A F
Floor 3 2 1 3 1
Bedrooms 1 1 2 2 2
A223 | 1 Bed | 1 Bath Offered at $899,888
In escrow in “0” days
Address 999 N Pacific Street 999 N Pacific Street 999 N Pacific Street 999 N Pacific Street
Building E G G B
Floor 1 1 1 3
Bedrooms 2 1 1 3
The Caudill Team Transactions
Estimated Square Feet 762 762 1,041 1,124 1,041
List Price $799,900 $899,888 $1,249,900 $1,329,000 $1,549,000
All Other Agent Transactions B315 | 3 Beds | 3 Balconies 2 Fireplaces | 2 Parking Spaces 1 Washer/Dryer Price $1,574,888
Average Days on Market
List Date 06/10/22 05/31/22 07/08/22 06/09/22 06/02/22
Estimated Bathrooms Square Feet 2 1,040 1 762 1 845 2 1,432
The Caudill Team: 2 Days
List Price $1,499,900 $699,888 - $749,888 $899,888 - $999,888 $1,574,888
Address 999 N Pacific Street E104 999 N Pacific Street G317 999 N Pacific Street G321 999 N Pacific Street F13 999 N Pacific Street A201 999 N Pacific Street B319 999 N Pacific Street G116 999 N Pacific Street D106 999 N Pacific Street A221
Bedrooms 1 2 2 2 2 2 2 1 1
Bathrooms 1 2 2 2 2 2 2 1 1
Estimated Square Feet 760 1,157 1,157 1,041 1,040 1,157 1,040 760 762
List Price $847,000 $1,129,000 $1,400,000 $1,495,000 $899,888 - $999,888 $1,124,888 - $1,224,888 $1,199,888 $749,888 - $799,888 $849,888 - $924,888
All Other Agent: 5 Days
7
6
List Date 03/09/22 12/05/21 03/22/22 03/29/22 05/23/22 03/16/22 01/10/22 12/02/21 03/02/22
Sold Price $870,950 $1,126,125 $1,375,000 $1,550,000 $1,100,000 $1,224,888 $1,200,000 $790,000 $880,000
Close of Escrow Date 04/18/22 01/13/22 04/29/22 05/10/22 06/09/22 04/21/22 01/31/22 01/28/22 04/08/22
The Caudill Team and Keller Williams are not in any way affiliated with North Coast Village Owners Association, nor is this in any way an official advertisement or publication of North Coast Village. © 2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the CRMLS between January 1st and July 14th, 2022. Listings and sales may not be those of Keller Williams. The CRMLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.
“Off Market” sale with multiple offers The Caudill Team represented seller
0
NCV Homes Recently Sold
G35 1 Bed | 1 Bath | Cottage Price $899,888 - $999,888
Sold this year by The Caudill Team
Under Contract Date 07/03/22 07/12/22 05/17/22 05/31/22
10 units have sold in the first half of this year. One unit not listed in the MLS. 6 two bedrooms and 4 one bedroom units sold The Caudill Team represented 6 of the 10 sellers and 2 of the buyers
List Status Sold Sold Sold Sold Sold Sold Sold Sold Sold
The Caudill Team representing seller
Your Home Here In Escrow/Sold
NCV Homes Currently Under Contract/Pending List Status Pending Pending Pending Pending
In escrow with multiple offers in 1 day!
The Caudill Team representing sellers and buyers
= Steve Represented Both Buyer & Seller
Bathrooms 1 1 2 2 2
G105 | 1 Bed | 1 Bath Offered at $699,888 - $749,888
| MARKET REPORT
= Steve Represented Seller
Street Name 999 N Pacific Street 999 N Pacific Street 999 N Pacific Street 999 N Pacific Street 999 N Pacific Street
36%
64%
The Caudill Team Total Sales Volumes $8,629,888
NCV Homes Currently Listed List Status Active Active Active Active Under Contract
The Caudill Team representing sellers
All Other Agent Total Sales Volumes $4,922,075
San Diego And Orange County’s #1 Keller Williams Team For 2 Consecutive Years! More than 375 NCV Homes Sold by The Caudill Team! Keller Williams – The World’s #1 Company
= Steve Represented Buyer
In escrow in 5 days
The Caudill Team Sales Volume | Mid-Year 2022
NCV’S #1 SALES PROFESSIONALS FOR 14 CONSECUTIVE YEARS!
North Coast Village
New to Market
5
1
2
Number of Sellers Represented
3
4
3
The Caudill Team Transactions
6
2
4
3
2
1
0
4 Other Agents Tied at 1
1
5
Sold in 5 days
The Caudill Team represented sellers and buyers
Sold in 7 days with multiple offers
The Caudill Team represented sellers and buyers
6
Number of Buyers Represented The Caudill Team Transactions
2
5 Other Agent Tied at 1
1 Other Agent at 2
A102 | 1 Bed | 1 Bath Sold for $510,000
Sold in 3 days with multiple offers The Caudill Team represented sellers
D106 | 1 Bed | 1 Bath Sold for $790,000
Sold in “0” days
The Caudill Team represented sellers
A221 | 1 Bed | 1 Bath Sold for $880,000
Sold in 6 days with multiple offers The Caudill Team represented sellers
0
Source: Data from CRMLS from January 1st, 2021 - June 30th, 2022
A201 | 2 Beds | 2 Baths Sold for $1,100,000
G116 | 2 Beds | 2 Baths Sold for $1,200,000
B319 | 2 Beds | 2 Baths Sold for $1,224,888