San Clemente real estate and the surrounding areas just keeps getting busier as we move through Spring. There were 61 properties on the South Area preview sheet for the first week in May. Dana Point has 8 listings on the preview sheet (one condo and 7 single family residences (SFR)) ranging in price from $639,000 for a 2 bedroom, 2 bath condo to $2,849,876 for a 3 bedroom, 3 bath in Monarch Beach.
San Clemente has 45 properties including 2 mobile homes. There were 10 condos and 33 SFRs. Out of this total number for San Clemente, Talega had 13 properties on preview. Twelve of the total San Clemente listings have been on the market for 30+ days. This means we are still seeing many properties overpriced. Many times an agent puts a property back on preview once there have been price reductions to attempt to recapture interest. With the growing inventory that we have, it is always a more prudent move to price your property correctly the first time. This is not always easy in this market, but be realistic - you cannot use comparison properties of six months ago.
San Juan Capistrano had 11 properties on the preview sheet, all of which are SFRs and only 2 being listings that are over 30+ days on the market. Prices range in San Juan from $589,000 for a 4 bedroom, 2 bath Harbor Lane home with 1342 square feet to $2,099,000 for a 4 bedroom, 4 bath home with 4900 square feet on the 6th fairway of the Marbella Country Club. This property was just reduced $200,000 and has now been on the market for 37 days. Wake up and price your property for the market or don't bother to list it.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment