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San Clemente

San Clemente Short Sale specialist report.

by vbindi on March 23, 2010

This market summary is for all property listings and short sale listings and sales statistics in San Clemente , California. This report was generated by the short sale expert realtors at the Short Sales ASAP group, who are number one in terms of the volume of  short sale property listings sold and closed in Orange County.

Below is a tabulation of the statistics we have gathered for all sales, short sales and REO sales, in San Clemente – Orange County, California:

San Clemente – Detached Homes Active for Sale:

  • Total Listings: 276
  • Median price: $889,000
  • Average price per square foot: $417
  • Number Short Sale Listings: 62
  • Ratio of Short Sale to Total Listings: 22.5%
  • Median price of Short Sale Listings: $699,900
  • Average Price per Square Foot of Short Sale Listings: $329

San Clemente – Attached Condos Active for Sale:

  • Total Listings: 99
  • Median price: $439,000
  • Average price per square foot: $405
  • Number Short Sale Listings: 24
  • Ratio of Short Sale to Total Listings: 24.2%
  • Median price of Short Sale Listings: $350,000
  • Average Price per Square Foot of Short Sale Listings: $305

San Clemente – Detached Homes Pending in Escrow:

  • Total In Escrow: 136
  • Median price: $750,000
  • Number Short Sales In Escrow: 97
  • Ratio of Short Sale to Total Pending: 71.3%
  • Median price of Short Sales In Escrow: $737,000

San Clemente – Attached Condos Pending in Escrow:

  • Total In Escrow: 60
  • Median price: $380,000
  • Number Short Sales In Escrow: 33
  • Ratio of Short Sale to Total Pending: 55.0%
  • Median price of Short Sales In Escrow: $349,000

San Clemente – Detached Homes Sold in Past 90 Days:

  • Total Sold: 115
  • Median price: $725,000
  • Average price per square foot:  $324
  • Number Short Sales Sold: 31
  • Ratio of Short Sales to Total Sold: 27.0%
  • Median price of Short Sales Sold: $645,000
  • Average Price per Square Foot of Short Sales Sold: $288

San Clemente – Attached Condos Sold in Past 90 Days:

  • Total Sold: 40
  • Median price: $370,000
  • Average price per square foot:  $340
  • Number Short Sales Sold: 12
  • Ratio of Short Sales to Total Sold: 30.0%
  • Median price of Short Sales Sold: $345,000
  • Average Price per Square Foot of Short Sales Sold: $318

One of the important things to note is the high rate of failure when it comes to closing short sales. Look at the ratio of Pending In Escrow short sales to Total Listings for Condos which is 55.0% .  Then compare that to the ratio of Sold short sale condos to Total sold Condos, which is 30.0% .   This large decrease in Ratios from Pending in Escrow to Sold shows that Short Sales failto close at a high rate today in San Clemente
The reason being, is that many local Realtors do not have the training or experience in order to close short sales at a high rate of success.  Short sales are the most complex of all residential transactions and require skill, and expertise in order to close at a high rate of success. It is important for San Clemente homeowners, who owe more than their home is worth, to work with an experienced short sale realtor. For more information, feel free to call: (888) 201-7066, or email us at: Info@ShortSalesASAP.com , or visit:  www.SanClementeShortSaleExpert.com

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San Clemente Real Estate market update

by vbindi on March 16, 2010

This is a statistical report for Active for Sale and Sold homes and condos in San Clemente. This report is brought to you by the professional realtors at eVantage Real Estate in Orange County, CA. Today, there are 267 detached single family homes for sale, with a median price of $895,000 and an average price per square foot of $380 . These homes are priced from a low of $399,999 for a 2 bedroom, 2 bath, 1,000 square foot home located in Central San Clemente . On up to a maximum price of $9,900,000 for a fine home incorporating 7 bedrooms, 10 baths, with 13,000 square feet of living area, which is located in the Cottons Point Tract.

For attached condos, there are currently 96 condos active for sale in San Clemente . The median price of these condos is $430,000 and the average price per square foot is $400 . These listed condos range in price from a low of $165,000 for a unit comprising of 1 bedroom, 1 bath, 438 square foot, that is situated in the Villa Pacifica Tract. Up to a maximum price of $3,495,000 for a roomy condo consisting of 4 bedrooms, 4 baths, with 3,180 square feet found in the Vista Pacifica Villas Subdivision.

For properties currently under contract in San Clemente there are 150 detached homes in escrow, and the median price is $750,000 . These detached homes range in price from a low of $415,000 for a 2 bedroom, 2 bath, 1,291 square foot property located in Central San Clemente. On up to a maximum price of $5,500,000 for a fine property comprising of 3 bedrooms, 3 baths, and incorporates an expansive 2,000 square feet of living area.

For condos, there are 71 units now in escrow in San Clemente , with a median price of $400,000 . These pending units range in price from $156,500 for a 1 bedroom, 1 bath, 438 square foot condominium, located in the Vista Pacifica Subdivision. On up to a maximum price of $1,550,000 for a fine condo consisting of 4 bedrooms, and 3 baths, with 2,600 square feet, found in Central San Clemente.

In the past 90 days, there have been 125 detached homes that have sold and closed escrow in San Clemente . These sold homes had a median price of $710,000 with an average price per square foot of $323 . These closed homes range in price from a low of $437,900 for a detached home comprised of 3 bedrooms, and 1 bath, with 1,112 square feet, and a maximum price of $3,340,000 for an estate property comprising of 5 bedrooms, 4 baths, and a spacious 7,521 square feet located in the Cyprus Shores Tract.

For the past 3 months, there have been 47 attached condominiums that have sold and closed escrow in San Clemente , California. The median price of these attached units was $375,000 and the average price per square foot was $330 . These sold condominiums ranged in price from a low of $159,900 for a 2 bedroom, 2 bath, 1167 square foot unit found in  Southwest San Clemente. And the maximum priced sold condo was $1,475,000 for a nice unit comprised of 3 bedrooms, 2 baths, and 1,730 square feet that is situated in the Casa De Marca Tract.

If you have any questions regarding real estate for sale in San Clemente , please feel free to call us at: (949) 388-3396, or email us at: Info@eVantageRE.com . Click this link if you would like to view all homes for sale in San Clemente .

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San Clemente Home Prices

by vbindi on September 3, 2009

Today, there are 311 detached single family homes listed for sale in San Clemente, Orange County, Ca.  The lowest priced detached home is listed at $349,900. It is a 3 bedroom, 2 bathroom, 1,685 square foot home located right on top of the golf course and featuring a peek-a-boo view of the ocean. The highest priced home is listed for $9,900,000 and this estate property comprises of a brand new 7 bedroom, 10 bathroom, 13,000 square foot estate located on a 37,750 sq foot lot in the Cotton Point Estates. The home offers an array of features including a 36 seat theater and a separate guest residence. The current median price for all homes Active for sale in San Clemente is $989,000.

There are 110 detached homes located in the city of San Clemente that are pending in escrow.  The lowest priced property is valued at $382,500. It is a charming 2 bedroom, 1 bath, 1040 square foot home built in 1946.  The highest priced property currently in escrow is valued at $2,500,000. This property offers 3,200 square feet of living space, 3 bedrooms and 3 bathrooms. It is located in the guard gated community of Cyprus Shore and boasts a marvelous panoramic ocean view. The median price of homes currently under contract in escrow is $699,000 in San Clemente.

In the past 90 days, there have been 151 detached properties that have sold in San Clemente.  The lowest sales price was $360,000 for a single story 2 bedroom, 1 bathroom, 1,050 square foot home built in 1964.  The highest priced property sold was a 5 bedroom, 4 bath, 4,500 square foot estate valued at $4,700,000. This property is located in the desirable gated community of Silver Oaks and features a large, lush yard and a panoramic canyon view.  The median home sales price is $700,000 and the average sales price in the city within the past 3 months was $845,264 for the past 3 months.   The average price per square foot was $336.41/SqFt, and the average days on market was 112 days.

Click on the following hyperlink, for more information about San Clemente Real Estate, or feel free to call us at: 949-388-3396