San Clemente Real Estate Sales

Rising Interest Rates has become a problem for those looking to get a mortgage when buying a home in today's real estate market.  These higher rates were intended to slow down pries and inflation but the actual opposite as happened.  Due to low inventory, we have what they call shelter inflation which is reaction to the Federal government raising interest rates.  It's basically explained as the higher the interest rates go, less and less people who currently have a 3 or 4 percent mortgages on their home would not want to put their home on the market and buy another property at interest rates in the 6 to 7 percent range due to the higher costs involved.  So the higher interest rates have created a very limited number of homes coming on the market which is

One of the hottest neighborhoods right now is the Shorecliff's San Clemente community.  Over the last several months that have been record sales in this community that have topped over $2 million dollars and this trend continues into the first months of 2023.  One reason for these high prices is the new community of Socorro Shores which features brand new construction homes that some were finished in 2022.  These are larger homes that can span over 4,000 square feet of living space with larger and attractive lot sizes.  One of the huge selling points for these homes is that they advertise low homeowners association dues with no Mello-Roos tax.  If you are buying a new home and can avoid paying an annual Mello Roos tax which can span over 30 years then

When occasionally see ocean view listings come up in the newer Sea Summit Aqua community in San Clemente which has seen an increase in real estate prices since they were first built.in 2016.  The neighborhood is one of the first communities located in Sea Summit that is also located next to the community pool and clubhouse for all for neighborhoods to use in Sea Summit.  The homes located in the Aqua neighborhood are different than those located in the other three neighborhoods as they share a common wall with a neighboring home unlike the other neighborhoods that offer fully detached single family homes.  When you first drive into the Sea Summit Aqua neighborhood you will notice that the homes along the perimeter on the west side of the street will have

If you are in the market for an ocean view home at attractive price points in San Clemente then is a community in the Rancho San Clemente area that is worth a look.  The community is called Villagio which offers many two story Mediterranean style homes that are located within a short 5 to 7 minuted drive down to the Ole Hanson State Beach area depending on traffic.  What I love about this community is that is has historically offered some of the best real estate values for single family homes throughout all of San Clemente. It's important to note that there are only a few select properties in this community that will offer nice ocean views and they typically will command a premium in price.  A perfect example of this is a new listing that just came on the

The year 2020 will remembered for a variety of reasons and was surprisingly a good year for real estate in San Clemente, California. The market was good for the first couple of months at the beginning of the year and slowed down dramatically due to the nationwide shut down that occurred in March and April.  Of course, that didn't last long as COVID19 caused many home buyers the urgent need to find another home that was more suited for staying at home.  We experienced a lot of buyers coming from the big cities looking to own a home with more land and more interior space.  Low mortgage interest rates also helped increase the buying power and we started to see multiple offers on many properties in the summer and fall months.  There were three large sales

What a difference a couple of months make when looking at San Clemente real estate market.  COVDI19 has really changed the landscape of the marketplace and has actually caused the reverse of what most people think would happen.  We get a lot of calls from buyers thinking they can get a big discount on real estate since they feel the overall economy has taken a hit due to the large number of jobs that were lost.  In fact, the opposite has happened to the real estate market.  The inventory of homes on the market for sale was low before COVID19 and because of the pandemic there are even less sellers wanting to put their home on the market.  Given the high demand of buyers that still want to buy in part to the very low interest rates there is almost a bidding

This has been a great year of real estate in San Clemente with over 900 homes selling in this calendar year.  The strength of the economy and the stock market has resulted in a very active market with higher sales than the previous year.  There were a total of seven homes that sold for $4 million dollars or more with the top sale over the $6 million dollar price point.  December is typically one of our slower months but many agents whom I have spoken with think it's been the busiest December that we have had in recent years. Here is a quick guide to the highest homes sales in San Clemente for 2019.

The highest sale this year occurred in the Cyprus Cove community which sold before it even came on the market.  This was a newly designed home by James

We see some agents advertise homes as "below market" here in San Clemente.  Whenever we see a listing like this we always wonder if it's truly priced below market, and if it is what is wrong with the property?  Some real estate agents will price a home very aggressively that is slighting below recent sales comps to generate a lot of interest.  This results in multiple people interested in the property which causes the price to get bid up.  For example, if the home is worth $1 million but the agent prices it at $850,000 to lure buyers into the property while hoping that several people will place bids on the home driving the price above the $1 million price point.  Sometimes this does work and sometimes this backfires causing the home to sell less than what

The real estate market is constantly changing, especially over the last 8 years.  We have seen a real spike in real estate prices but the San Clemente real estate market is seasonal so our high selling season starts in January and usually continues through mid September.  In the fall and winter months through Christmas the market can be relatively slow, and this even magnified more as the presidential elections have everyone in a holding pattern.  Some of the best deals can be found in these 4 months with sellers that need to sell their home.  These seller motivated homes have the potential to be good opportunities for buying a home at a good price.  There are certain things to look for when buying a home in San Clemente.

First, know your comps.  Your

As we head into the 2016 Presidential Elections one thing is for certain, real estate prices in San Clemente are at an all time high.  This is especially true to residential condos that currently starts at $405,000 for a non-view two bedroom condo.  These prices are very reminiscent of 2007 when prices were at the top of the market right before the housing market crashed.  The biggest thing moving the market right now are low interest rates and the consumer feeling positive about the economy.  With that being said there is a lot of anxiety of what will happen next year.  Many have predicated that we are in a real estate bubble and an adjustment is soon to happen to correct these high real estate prices.  This is further backed up by the Feds wanting to

Anticipation is growing as ground has been recently broken for the new Sea Summit at Marblehead community in San Clemente, California.  After years of being on hold the mega retail shopping center of Vista Hermosa is in full swing with many of the structures being currently built as well as new homes that will be built by Taylor Morrison home builder.  What buyers can expect is for new model homes to become available later this summer and 309 homes being offered for sale to the general public. 

The Sea Summit at Marblehead will be split into four different neighborhoods and offer homes starting at just under $1 million dollars.  As a local San Clemente Realtor I know local residents are seriously considering a move to the new homes being built here as

The market is on the upswing in the Ocean Hills community as a recent sale of a 2 bedroom condo that sold for $600,000 after being on the market for 4 days. This is a dramatic change from what we saw last summer when homes prices dipped down in the low $300,000 range. I personally represented the buyer in Ocean Hills home at 724 Calle Casita that sold as a short sale for $315,000 in September of 2012. Since then inventory of homes dropped significantly until the property at 3709 Calle La Quinta came on the market and sold in 4 short days for $1,000 above the $599,000 asking price. The home was a highly upgraded residence that resembled a $2 million dollar home with extensive use of Travertine and Granite in the Kitchen and Baths. The renovation continued

A San Clemente Forster Ranch home has just been sold by San Clemente Real Estate agent Sam Smith who represented the seller.  5508 Costa Escondida, San Clemente is located in the Forster Highlands area of Forster Ranch and specifically in the Ridgemore neighborhood.  The property is widely known as one of the premier lot in the area with a very large 13,000 square foot lot.   A large front and back yard complete with a basketball court, outdoor fireplace area and big grassy area.   Inside the property featured a large master suite with deep soaking jacuzzi tub and a large covered gazebo on the 2nd level that overlooked the Forster Ranch Valley.  The home was sold as a standard sale and sold within 2 weeks of being on the market by Sam Smith.

The Forster

One of the more common requests that we get here at San Clemente Real Estate is home buyers looking for homes with a guest casita.  A casita is a newer trend where home buyers are looking for a room outside the structure of the house for visiting guests or extended family members.  A Casita can actually be ideal for someone wanting a separate office space or a quiet room away from the hustles and bustles of the main house.  No matter what the reason a guest casita is very much a sought after amenity and can be found in many San Clemente communities.  One of the more popular locations to find homes with guest casitas is the Talega area.  In the large scale homes found in the Talega communities of Altura, Alta, Ravenna and Carillon you will find guest

One of the main attractions of being a resident here in San Clemente is the joy of living by the beach.  Many love the carefree lifestyle and warm attitude you will find here in San Clemente.  If you are thinking about buying a home in 2012 then you many want to consider the 3 main areas where you will find San Clemente Real Estate listings by the beach.  The first area is the downtown San Clemente area that has recently become a popular place to live.  Surrounded by the San Clemente Pier and to the north and the south you will find luxury homes and condos in the downtown area.  Those who are not familiar with the city will quickly learn that this is where you will find all of the downtown shopping and restaurants in San Clemente. In recent years many new

Homes For Sale in San Clemente with Ocean Views is one of the most requested items when out of state home buyers come to San Clemente to buy a home.  Having an ocean view makes you connected with the ocean and the beach and makes you feel like you are living the California lifestyle.  Recent years have seen ocean view properties come down in price with many single family homes selling in the $500,000 with ocean views!  Where is the best place to look for an ocean view property?  Well that depends what kind of home you want.  Homes located by the beach will be more expensive do to it's location so the amount of ocean view you will have will be very limited unless you get closer to the beach and have a higher budget.  If you are looking to maximize your

Sea Pointe Estates San Clemente Homes currently start at $500,000 which currently 5 homes for sale under the $1 Million dollar mark!  Where is Sea Pointe Estates?  The community is featured on the northeast side of San Clemente near the San Clemente Hospital and San Clemente Krikorian movie theaters just east of the 5 freeway.  The community is a 24 hour guard gated community with a collection of one and two story homes that range up to $2.5 million.  It was only a couple of years ago when finding a home in this neighborhood under $1 million was unheard of as many of the luxury homes you will find in San Clemente area are located in Sea Pointe Estates community.  Even with the drop in prices we have seen 7 homes selling over the $1 million dollar price

If you are in the market to find San Clemente gated community homes for sale under $800,000 then we recommend the following three locations.  The first location is the Vittoria community located in Talega.  This gated community shares the common gated area with the upscale "Catania" area and features large two story Mediterranean style homes for sale (see picture below).  A recent home just came on the market there for $750,000 that features over 3,000 square feet with peek views of the ocean.  The home has the main living quarters on the ground level with living, dining and family rooms.  There is even a downstairs den/office that could be used as a bedroom.  Upstairs features 3 additional bedrooms with a large master suite with it's own private view

For those looking to live by the beach there is no better place to live in Orange County than San Clemente.  San Clemente embodies all good things about living by the beach.   One of the most common requests we get here at our office is for those who would like to live on the ocean side of the freeway.  There are three main areas that are located on the ocean side of the freeway:  San Clemente Central, San Clemente North & Southwest San Clemente.  Each of these areas has it's own unique signature and style of homes.  The San Clemente north area is an up and comming area with a mixture of multi dwelling units, namely duplex, triplex and fourplex's next to single family homes.  The homes are typically single level in size and date back to the early 1950's

A Southwest San Clemente Home has just been sold by San Clemente Real Estate agent Sam Smith who represented the seller in this real estate transaction.  173 W Avenida Alessando, pictured below, was a cute two bedroom two bath home located in the desirable south west area of San Clemente situated between the San Clemente Pier and Trestles surf break and sold for $650,000.  This area is one of the most requested areas to live since all the homes have been custom built over the years and each and every home has it's own unique style and personality!  This bungalow style home a featured large front and back yard which is ideal for entertaining.  The home even had an peek view of the ocean from the inside living room.  The kitchen was also done in the