San Clemente Real Estate Report May 2013

San Clemente Real Estate Report

South Orange County Real Estate

San Clemente Real Estate at a Glance: this is a great time to be a buyer or seller in San Clemente. Sellers benefit from rising prices, buyers benefit from rising inventory levels and both benefit from a reasonable selling cycle.

South Orange County Real Estate General Economic Conditions:  More of the same as the single greatest issue right now in South Orange County is available inventory. Despite more homes coming on the market last month demand was there to meet them so inventory levels remain low for most of South Orange County.

Detached Homes

Current Active Inventory 137

Behind the Numbers

Average volume past 3 months 59

Prices the upward trend is well entrenched and should continue expect the average price to clear 900k this summer

Volume  maintaining a nice increase over the past two months. Expect this number to continue to rise as we hit the prime selling season

Months of Inventory sitting at 3 making this a more neutral market and a great time to be a buyer or a seller

san clemente real estate san clemente home prices san clemente homes for sale

What this means for

Buyers – Buyers open to different options in San Clemente will find plenty to consider, buyers with more narrow requirements will have to act quick and be prepared for multiple offer situations.To make sure you are seeing everything as soon as it hits the market we offer email listing alerts so you see exactly what’s on the market and find the best San Clemente home for you.

Sellers –High demand, low inventory, upward trending prices and record low interest rates what more could a seller ask for! If you have been thinking about selling you couldn’t wish for a better time than right now. For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

 

Attached Homes

Current Active Inventory 36

Behind the Numbers

Average volume past 3 months 18

Prices  the upward trend should continue as the selling season hits

Volume  should pick up as more homes hit the market in the coming weeks

Months of Inventory currently sitting at 4 but expect that number to drop as we enter the prime selling season

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What this means for

Buyers – Right now is a great time to be a buyer of attached homes in San Clemente. However expect that months of inventory number to fall as we hit the prime selling season so if you thinking of moving do so now. To make sure you are seeing everything as soon as it hits the market we offer email listing alerts so you see exactly what’s on the market that fits your criteria as soon as it hits the market.

Sellers – Sellers who properly price and present their homes and who have their homes marketed properly are seeing success in this market. There is a good selection for buyers so make sure you stand out above the crowd.For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

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Providing the highest level of personal service in South Orange County Real Estate. Helping buyers and sellers in the 949 since 1999! Google

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