Message From Our Founder
The real estate market in 2024 has been marked by notable activity and trends. With 48 properties listed so far this year and 13 currently in escrow, the community has seen a total of 17 closed sales. The listings comprise of 41 single family homes and 7 condos. Single family homes have commanded an average selling price of $2,574,125, translating to $680 per square foot, while condos have sold for an average price of $1,113,800 at $569 per square foot. The numbers on the condos seem high for an average, this is because we have mostly seen larger properties in Carmel and Seagarden (the Gallery) close escrow. Inventory has been fairly nonexistent in the condos under $900,000 in Talega. Inventory levels have been slow to rise, contributing to sustained demand within Talega. The market experienced a resurgence in activity earlier in the year as interest rates began to decrease, following a relatively slower period in the latter part of 2023. Multiple offer situations have become more prevalent during the spring market, with stable pricing trends showing a slight upward trajectory due to limited supply. Looking ahead to the summer, the trajectory of interest rates will continue to play a significant role in shaping buyer demand. While market activity typically stabilizes as the school year lets out in June, the potential for further interest rate reductions could fuel a summer market to reach new highs. Talega’s real estate landscape remains dynamic, offering opportunities for both buyers and sellers as we navigate the evolving market conditions.
For over five decades, I’ve called San Clemente home, witnessing its transformation firsthand. Talega, once just rolling hills where cows freely roamed, represented the outskirts of our city, marked by the boundary of San Clemente High School. Today, it stands as a vibrant and flourishing community, where I’ve not only found my livelihood but also built a fulfilling career. For the past 24 years, I’ve dedicated myself to facilitating real estate transactions within this evolving landscape, having successfully overseen over 900 deals within the Talega community alone.
What drives my passion for real estate isn’t merely the business aspect; it’s the opportunity to assist homeowners in navigating one of the most significant transactions of their lives. Whether it’s guiding them through the sale of their cherished family home or facilitating the acquisition of their dream property, I find profound fulfillment in being a trusted advisor throughout the complex process.
To the residents of Talega, I extend my deepest gratitude. It’s your trust and confidence in my expertise that have enabled me to pursue my passion and contribute to the growth and prosperity of our community. Thank you for allowing me the privilege of being a part of your real estate journey, and here’s to many more years of shared success and partnership.