The Cooler Months of Autumn: Bringing Heat to the Talega Real Estate Market
Autumn in San Clemente…the time of year when school returns, summer comes to an end and cooler, crisper weather lies ahead. One thing that shows no sign of cooling soon is our real estate market in Talega, which continues to trend upward with demand while inventory continues to decline.
Low interest rates, job restructuring, and people spreading out from California’s largest cities are combining to create strong demand in our area for purchases and leasing. All of the neighborhoods in Talega are experiencing strong sales, with the amount of inventory between $1.1 million to $3 million the lowest I have ever seen.
Other communities in San Clemente and surrounding cities are also seeing record sales, with few homes coming on the market to replace them. This large disparity will continue through the coming months, keeping our market hotter than normal for this time of year. Eventually, as we hit the election and holidays, it should adjust back to normal levels, but even that prediction is just a guess. What we know about 2020 is that no one could have predicted this surge in the real estate market. We are all just grateful to live in a city and community that is so highly desirable.
To learn answers about the current market in Talega, check out this month’s GREEN sheet!
For more information, visit www.echelberger.com or call 949.498.7711.
We respect your time and we value your business. We know you could go anywhere for you real estate needs, and appreciate having the opportunity to serve you the best way we can.