Tagged : Cotton Point San Clemente

The San Clemente real estate market has still seen monumental sales even with the shifting real estate market this year.  The majority of the highest sales took place earlier this year in March and April was well as the summer months June through August, all of them located in the desirable Southwest San Clemente area.  Often times, the highest sales are dealing with cash buyers who are not effected by the higher interest mortgage rates that we have seen this year.  For the most part many properties in the San Clemente area did see a slow down with some price reductions necessary in order to get a home sold while other well positioned properties still saw multiple offers.  Even with the shifting market the number of homes on the market is still very low

One year after the global pandemic has shown has resilient the real estate market can be in Southern California.  I think a lot of people were really surprised how strong the market was in 2021 during the summer and fall months and really couldn't imagine it becoming any stronger than it did.  In fact, 2021 was one of best real estate markets we have had in the last 20 years with many properties selling in just a matter of days of being on the market with multiple offers on a lot of homes.  San Clemente was no exception as we saw the most expensive home ever sold in San Clemente history for over $33 million dollars.  Here is a quick rundown of the most expensive homes sold the year up to this point.  4130 Calle Isabella was the highest sale this year

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

This year was a busy year for real estate sales in San Clemente with over 932 homes sold in this small beach town.  As we look back as what has transpired over the year we always like to see what were the top 3 sales that occurred.  Here is a quick recap of these real estate sales.  First, the highest sale occurred in the most expensive neighborhood in San Clemente known as Cotton Point Estates.  4075 Calle Isabella, San Clemente sold for $7,588,000 and closed escrow on 10/12/2016.  The large estate home was in the same neighborhood as the Nixon White house and was first listed at $9,050,000.  It was then lowered to $7,988,000 after being on the market for less than two months.  A little after 45 days after that the home went under contract and closed

San Clemente is a small beach town with a wide range of real estate prices.  Single family homes now start just under $600,000 for a single family home located on the north side of town.  The luxury real estate market typically comprises of homes priced between $3 to $10 million dollars and can be found in some of the best neighborhoods like Sea Pointe Estates, Cyprus Cove and Cyprus Cove.  San Clemente also has a small niche ultra luxury market for homes priced over the $10 million dollar price point.  These homes are almost always located in the ultra-exclusive Cotton Point neighborhood where the former Nixon White House is located.  These are large scale homes that were originally vacant lots not too long ago and were part of the overall compound for