Thursday, March 1, 2007

What's New In Local Real Estate - Week of 2/26/07

A total of 60 properties are featured this week on the South Area Preview sheet for local area realtors. The listings are broken out into the following communities:

Dana Point had 12 new listings: 4 condos and 8 single family residences (SFR) which includes one home for lease
Laguna Niguel had 1 new listing for a SFR
San Clemente had 30 new listings: 8 condos and 22 SFRs
San Juan Capistrano had 16 new listings: 2 mobile homes, 2 condos, and 12 SFRs

The condos in Dana Point range in price from $450,000 on the low end to $1,175,000 on the high end with views of Dana Point Harbor and the Headlands. The single family homes range in price and size from $725,000 for 1100 square feet Lantern Village cottage to a home in Lantern Bay Estates for over $4 million with +5300 square feet.

The Laguna Niguel SFR is a single-level ocean view home in Beacon Hill Summit for over $1.3 million.

San Clemente listings include an ocean view triplex in the North Beach area and nine homes in Talega including a new listing in Wavecrest, a development in The Talega Gallery (55+ community). Prices in San Clemente range from $495,500 for a mobile home in Shorecliffs Terrace to a condo in Faire Harbour for $519,000 to the upper end in Talega out in Careyes for a 4600+ square foot home on the Talega Golf Course for $2,395,000.

In San Juan Capistrano this week there is a bank owned REO condo for $399,900, to the mobile homes on the market at El Nido Mobile Estates for $172,000 and $199,000 respectively to a $4.5 million home on 2.6 acres for a 4600+square foot estate home that includes a guest cottage, tennis court, pool, etc.

The market is starting to pick up. Nationwide home sales in January were up 3% over sales for the previous year. Call me for more information.

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