There were only forty-one properties on the South Area Preview Sheet this week and many were re-previews of listings that have not sold. Since it is not humanly possible to see all of the listings on preview every week, you have to choose, and from my selection, I blog on what was interesting and/or great deals.
In Dana Point this week there is a new listing for a 2 bedroom, 2 bath condo with really great ocean views. This is on the pricey side, but shows like an "artists" getaway. A little funky and you need good knees for all of the stairs, but worth seeing.
For seniors, a new listing in Sea Bluffs at Dana Point has recently come on the market. This two bedroom, two bath unit has wonderful ocean views. This is a single level condo within a full-service retirement community. There is a monthly clubhouse fee of $2,640 which covers utilities, maintenance, housekeeping, two meals per day, insurance, parking, security, transportation, etc.
San Clemente had several new listings that were noteworthy this week. A new listing in Forester Highlands for a 5 bedroom, 2.75 bath home with 3000 square feet. The home is nicely done and has great curb appeal.
There are several new listings in the Vilamoura condo development in Rancho San Clemente. All units that were on the preview sheet this week were 2 bedrooms with either 2 or 2.5 baths. They ranged in price from a low of $499,000 to a high of $749,500 for an end unit with an ocean view.
Another great condo property in Ocean Hills came on the market and this unit has just been redone - it shows like new and has fabulous ocean views for a 3 bedroom, 2.5 bath unit.
I previewed two great homes that just have a ton of potential - both in Southwest San Clemente. The first is a 4 bedroom, 3 bath with approximately 3000 square feet that backs onto the coastal canyon with an amazing feel. This property has so much potential for the right buyer who can enjoy and appreciate a part of San Clemente many don't even know exists. The mature trees and creek running by lend a very serene and relaxing atmosphere with wonderful decks to take it all in.
The second noteworthy home is also located in Southwest San Clemente and is a 3 bedroom, 3 bath single level home with 1800 square feet. This home shows like a staged property and the attention to detail is amazing. Behind the detached over-sized garage is a small studio that is detached and would make a great office/studio and playhouse. The large grassy yards, front and rear lend themselves to children or dog play or the house can be expanded. This has loads of potential and feels great!
Thursday, December 6, 2007
Tuesday, December 4, 2007
San Clemente Real Estate Blog: November 2007 Update
The November 2007 market trends reports are in and are based on data and/or estimates provided by the Southern California MLS (Multiple Listing Service). I will review this data by city.
San Clemente active real estate listings continue to be up over the same period last year. At the end of the month we had 534 active listings in the city compared to 466 for the previous year. Pending sales were down slightly being 55 in 2007 compared to 61 in 2006. And, solds were down to 44 this year over 52 for the same period last year. As you can understand the market is down, but not to the huge extent that the media wants you to believe.
Dana Point active real estate listings were also up over the same period last year, with 332 active listings this year compared to 273 for the prior year period. Pending sales were down to 27 in Dana Point over 2006 who posted 37 during the same time period. Solds were also down to 20 from 26 during the previous year's period.
San Juan Capistrano had 301 active real estate listings during November 2007 compared to 228 during November 2006. Pending sales were down to 21 from 35 during the same period the previous year. Solds were down slightly to 23 from 27 during 2006.
Our inventory is slowly shrinking which is what it needs to do to help the market recover. I continue to hear the experts predicting that by the 2nd quarter of 2008, we will start to see prices start in increase and the market here locally recover.
San Clemente active real estate listings continue to be up over the same period last year. At the end of the month we had 534 active listings in the city compared to 466 for the previous year. Pending sales were down slightly being 55 in 2007 compared to 61 in 2006. And, solds were down to 44 this year over 52 for the same period last year. As you can understand the market is down, but not to the huge extent that the media wants you to believe.
Dana Point active real estate listings were also up over the same period last year, with 332 active listings this year compared to 273 for the prior year period. Pending sales were down to 27 in Dana Point over 2006 who posted 37 during the same time period. Solds were also down to 20 from 26 during the previous year's period.
San Juan Capistrano had 301 active real estate listings during November 2007 compared to 228 during November 2006. Pending sales were down to 21 from 35 during the same period the previous year. Solds were down slightly to 23 from 27 during 2006.
Our inventory is slowly shrinking which is what it needs to do to help the market recover. I continue to hear the experts predicting that by the 2nd quarter of 2008, we will start to see prices start in increase and the market here locally recover.
Monday, December 3, 2007
San Clemente Real Estate Blog
I took a peek today at the MLS to see what the activity has been in certain communities in San Clemente. For instance, in Talega as of today, there are 162 active listings. 31 of these are condos and the remaining 131 listings are single family residences (SFR). On the low end with price, a two bedroom, two bath condo with 1358 square feet is on the market for $419,999 - while on the high end, the pricest home is listed at $2,899,000 with 5633 square feet, 5 bedrooms and 5.5 baths.
This indicates that the real estate inventory in Talega is slowly shrinking. At the beginning of November, there were 183 properties in Talega on the market. Average list prices for condos is in the low $600,000's while for SFRs, the average list is in the $1.2 million range. It is still taking on average over 80 days to sell.
This time of year the market usually picks up slightly for those corporate transfers that want to be in place by the beginning of the new year. This is also an excellent time to pick up good deals since homeowners are usually motivated to sell.
This indicates that the real estate inventory in Talega is slowly shrinking. At the beginning of November, there were 183 properties in Talega on the market. Average list prices for condos is in the low $600,000's while for SFRs, the average list is in the $1.2 million range. It is still taking on average over 80 days to sell.
This time of year the market usually picks up slightly for those corporate transfers that want to be in place by the beginning of the new year. This is also an excellent time to pick up good deals since homeowners are usually motivated to sell.
Subscribe to:
Posts (Atom)
