Costera Luxury Properties

?? Find out what your SoCal home is really worth ?? - Attention SoCal Homeowners: Get a FREE, no pressure, no obligation, online home evaluation. For all of the details, please visit ?? CosteraCMA.com or simply contact us direct. Costera Luxury Properties | DRE# 02115250 CosteraRealty.com | ?? 949-400-1072 #costerarealty #realestate #homesellers #homeselling #ocrealestate #inlandempire #losangelesrealestate #sandiegorealestate #orangecountyrealestate #specialoffer #socalrealestate #homeevaluation #socalrealestate #socalhomes #freehomeevaluation #homevaluation #homevalue #homevalues #orangecounty

March 7, 2025 ???? Nationally – U.S.A. – Existing-home sales fell for the first time since September, slipping 4.9% month-over-month (MoM) to a seasonally adjusted annual rate of 4.08 million units, according to the National Association of REALTORS? (NAR), as elevated home prices and higher interest rates continue to impact buyer activity. Despite the drop, sales were up 2% compared to the same period last year, marking the fourth consecutive monthly year-over-year (YoY) increase. The limited number of properties for sale has continued to push home prices higher nationwide. At last measure, the national median existing-home price was $396,900, a 4.8% increase from one year earlier, with prices up in all 4 regions, according to NAR. Meanwhile, total housing inventory heading into February stood at 1.18 million units, up 3.5% MoM and 16.8% YoY, for a 3.5-month supply at the current sales pace. ?? Orange County – Key Metrics for All Homes ·??????New Listings: - 0.7% YoY to 2,050 ·??????Pending Sales: - 42.2% YoY to 974 ·??????Closed Sales: + 2.7% YoY to 1,459 ·??????Inventory of Homes for Sale: + 31.3% YoY to 4,165 ·??????Median Sales Price: + 8.2% YoY to $1,190,000 ·??????Average Sales Price: + 5.6% YoY to $1,527,770 ·??????Housing Affordability Index: - 4.9% YoY to 39 ·??????Months’ Supply of Inventory: + 31.6% YoY to 2.5 months ·??????Days on Market Until Sale: + 24.1% YoY to 36 days ·??????EMT*: + 24.1% YoY & - 10% MoM from 40 to 36 days = Seller’s Market ?? ?? San Diego County – Key Metrics for All Homes ·??????New Listings: + 7.8% YoY to 2,655 ·??????Pending Sales: - 0.6% YoY to 1,882 ·??????Closed Sales: - 11.1% YoY to 1,577 ·??????Inventory of Homes for Sale: + 35% YoY to 4,319 ·??????Median Sales Price: + 2.7% YoY to $899,000 ·??????Average Sales Price: + 1.1% YoY to $1,188,688 ·??????Housing Affordability Index: - 3.2% YoY to 30 ·??????Months’ Supply of Inventory: + 29.4% YoY to 2.2 months ·??????Days on Market Until Sale: + 22.6% YoY to 38 days ·??????EMT*: + 22.6% YoY & - 13.64% MoM from 44 to 38 days = Seller’s Market ?? To clarify EMT Status ?? Strong Seller’s Market: <30 days ?? Seller’s Market: 30-60 days ?? Slight Seller’s Market: 60-90 days ?? Balanced Market: 90-120 days ?? Slight Buyer's Market: 120-150 days ?? Buyer’s Market: 150-180 days ?? Strong Buyer’s Market: >180 days * EMT is defined as the amount of time it takes to place a home on the market today and then open up escrow later on. For the latest trends about the Southern California real estate market, please visit our website. Costera Luxury Properties | DRE# 02115250 CosteraRealty.com | ?? 949-400-1072

February 8, 2025 ???? Nationally – U.S. existing-home sales advanced for the third straight month, climbing 2.2% to a seasonally adjusted annual rate of 4.24 million units, a 10-month high, according to the National Association of REALTORS? (NAR). Sales were up 9.3% year-over-year (YoY), driven largely by purchases of homes priced $500,000 and above. Month-over-month (MoM), sales rose in the South, Northeast, and the West but fell in the Midwest, with all four regions reporting YoY gains. According to NAR, total housing inventory was 1.15 million units heading into January, a 13.5% decrease from the previous month but a 16.2% increase from the same period one year earlier, for a 3.3-month supply at the current sales pace. Housing supply remains down compared to pre-pandemic levels, and the limited number of homes on the market continues to push sales prices higher nationwide, with the median existing-home price rising 6% YoY to $404,400. ? ?? Orange County - All Homes: New Listings increased 4.3% YoY to 2,145. Pending Sales decreased 37.9% YoY to 906. Inventory increased 22% YoY to 3,761. The Median Sales Price was up 11% YoY to $1,165,500. The Average Sales Price was up 8.8% YoY to $1,534,801. Days on Market increased 25% YoY to 40 days and Months’ Supply of Inventory increased 15.8% YoY to 2.2 months. Orange County EMT = Seller’s Market ?? : Demand continues to outpace supply, with the typical home spending 40 days on market in Orange County, up 4 days MoM. ? ?? San Diego County - All Homes: New Listings increased 12.3% YoY to 3,004. Pending Sales decreased 5% YoY to 1,719. Inventory increased 28.8% YoY to 3,972. The Median Sales Price was up 5.4% YoY to $885,000. The Average Sales Price was up 7% YoY to $1,199,225. Days on Market increased 25.7% YoY at 44 days and Months’ Supply of Inventory increased 23.5% YoY to 2.1 months. San Diego County EMT = Seller’s Market ?? : Demand is slowly cooling off, like Orange County, but as usual, demand continues to outpace supply, with the typical home spending 44 days on market in San Diego County, up 3 days MoM. ? To clarify EMT Status* ?? Strong Seller’s Market: <30 days ?? Seller’s Market: 30-60 days ?? Slight Seller’s Market: 60-90 days ?? Balanced Market: 90-120 days ?? Slight Buyer's Market: 120-150 days ?? Buyer’s Market: 150-180 days ?? Strong Buyer’s Market: >180 days ? * EMT is defined as the amount of time it takes to place a home on the market today and then open up escrow later on. ? For the latest trends about the Southern California real estate market, please visit our website. ? Costera Luxury Properties | DRE# 02115250 CosteraRealty.com | ?? 949-400-1072 #costerarealty #realestate #housing #ocrealestate #ochomes #orangecounty #orangecountyrealestate #orangecountyhomes #sandiegorealestate #sandiegocounty #sandiegohomes #sandiego #luxuryrealestate #luxuryhomesforsale

January 8, 2025 ???? Nationally – U.S. existing-home sales improved for the second consecutive month, rising 4.8% to a seasonally adjusted annual rate of 4.15 million units, an 8-month high, according to the National Association of REALTORS? (NAR). Sales were up 6.1% compared to the same time last year, marking the largest year-over-year (YoY) increase since June 2021. Economists had forecast existing-home sales would come in at an annual rate of 4.07 million units for the month. Total housing inventory stood at 1.33 million units heading into December, a 2.9% decrease from the previous month but a 17.7% increase YoY, for a 3.8-month supply at the current sales pace. Inventory remains below the 5-6 months’ supply of a balanced market, and the limited number of homes for sale continues to put upward pressure on sales prices nationwide, with NAR reporting a median existing-home price of $406,100, a 4.7% increase from one year earlier (YoY). ?? Orange County - All Homes: New Listings decreased 1.9% YoY at 1,006. Pending Sales decreased 32% YoY to 755. Inventory increased 10.7% YoY to 3,116. Median Sales Price increased 6% YoY to $1,134,500. The Average Sales Price was up 1.3% YoY to $1,429,058. Days on Market increased 24.1% YoY to 36 days and Months’ Supply of Inventory increased 5.9% YoY to 1.8 months. Orange County EMT = Seller’s Market ?? : Demand continues to outpace supply, with the typical home spending 36 days on market in Orange County, up 5 days month-over-month (MoM). ?? San Diego County - All Homes: New Listings increased 3.6% YoY to 1,361. Pending Sales were up 4.6% YoY to 1,353. Inventory increased 22% YoY to 3,389. The Median Sales Price was up 5.4% YoY to $880,000. The Average Sales Price was up 4.1% YoY to $1,124,401. Days on Market increased 32.3% YoY at 41 days and Months’ Supply of Inventory increased 13.3% YoY to 1.7 months. San Diego County EMT = Seller’s Market ?? : Demand is cooling off, like Orange County, but demand continues to outpace supply, with the typical home spending 41 days on market in San Diego County, up 5 days MoM. To clarify EMT Status* ?? Strong Seller’s Market: <30 days ?? Seller’s Market: 30-60 days ?? Slight Seller’s Market: 60-90 days ?? Balanced Market: 90-120 days ?? Slight Buyer's Market: 120-150 days ?? Buyer’s Market: 150-180 days ?? Strong Buyer’s Market: >180 days * EMT is defined as the amount of time it takes to place a home on the market today and then open up escrow later on. For the latest reports and trends about Orange County and San Diego County real estate markets, please visit our website. Costera Luxury Properties | DRE# 02115250 CosteraRealty.com | ?? 949-400-1072 #costerarealty #realestate #housing #ocrealestate #ochomes #orangecounty #orangecountyrealestate #orangecountyhomes #sandiegorealestate #sandiegocounty #sandiegohomes #sandiego #luxuryrealestate #luxuryhomesforsale

?? Now #hiring - We’re always looking for and recruiting licensed California real estate agents. For more details and information about our open positions, please click here ?? JoinCostera.com Costera Luxury Properties | DRE# 02115250 CosteraRealty.com | ?? 949-400-1072 #realestate #ocrealestate #orangecountyrealestate #sandiegorealestate #socalrealestate #losangelesrealestate #orangecounty #costerarealty #realtor #realtors #realestateagent #luxuryagent

December 6, 2024 ???? Nationally – U.S. existing-home sales rose 3.4% month-over-month (MoM) and 2.9% year-over-year (YoY) to a seasonally adjusted annual rate of 3.96 million units, exceeding economists’ expectations for the month and marking the first annual gain since July 2021, according to the National Association of REALTORS? (NAR). Lower mortgage rates in late summer and early fall helped sales increase across all four regions. The number of homes for sale continues to improve nationwide, climbing 0.7% MoM and 19.1% YoY to 1.37 million units heading into November, for a 4.2-month supply at the current sales pace, according to NAR. Despite a wider selection of properties on the market, sales prices have remained strong at the national level, with a median existing-home price of $407,200 as of last measure, a 4% increase from the same time last year. ?? Orange County - All Homes: New Listings decreased 11% YoY at 1,331. Pending Sales decreased 36.4% YoY to 840. Inventory increased 19.7% YoY to 3,999. Median Sales Price increased 5% YoY to $1,155,000. The Average Sales Price was down 1.4% YoY to $1,428,332. Days on Market increased 29.2% YoY to 31 days and Months’ Supply of Inventory increased 20% YoY to 2.4 months. Orange County EMT = Seller’s Market ?? : Demand continues to outpace supply, with the typical home spending 31 days on market in Orange County, up 1 day MoM. ?? San Diego County - All Homes: New Listings decreased 1.4% YoY to 1,943. Pending Sales were up 16.3% YoY to 1,670. Inventory increased 28.7% YoY to 4,290. The Median Sales Price was up 3.1% YoY to $890,000. The Average Sales Price was up 2.6% YoY to $1,159,294. Days on Market increased 28.6% YoY at 36 days and Months’ Supply of Inventory increased 22.2% YoY to 2.2 months. San Diego County EMT = Seller’s Market ?? : Demand has cooled a bit, like Orange County, demand continues to outpace supply, with the typical home spending 36 days on market in San Diego County, which remained unchanged MoM. To clarify EMT Status* ?? Strong Seller’s Market: <30 days ?? Seller’s Market: 30-60 days ?? Slight Seller’s Market: 60-90 days ?? Balanced Market: 90-120 days ?? Slight Buyer's Market: 120-150 days ?? Buyer’s Market: 150-180 days ?? Strong Buyer’s Market: >180 days * EMT is defined as the amount of time it takes to place a home on the market today and then open up escrow later on. For the latest trends about Orange County and San Diego County real estate markets, please visit our website CosteraRealty.com

November 8, 2024 ???? Nationally – U.S. existing-home sales unexpectedly slipped 1% month-over-month (MoM) and 3.5% year-over-year (YoY) to a seasonally adjusted annual rate of 3.84 million, the lowest level in more than a decade, according to the National Association of REALTORS? (NAR). Prospective buyers have pulled back in recent months, despite lower mortgage rates and more home choices compared to the same time last year. There were 1.39 million homes for sale heading into October, a 1.5% increase from the previous month and a 23% increase from the same period last year, for a 4.3-month supply at the current sales pace, according to NAR. Even with improving supply and the slower sales pace, home prices have continued to rise nationwide, with NAR reporting a median existing-home price of $404,500 as of last measure, a 3% increase from one year ago. ?? Orange County - All homes: New Listings increased 7.4% YoY at 2,035. Pending Sales decreased 27.4% YoY to 1,112. Inventory increased 27.3% YoY to 4,492. Median Sales Price increased 9.5% YoY to $1,150,000. The Average Sales Price was up 8.1% YoY to $1,469,825. Days on Market increased 11.1% YoY to 30 days and Months’ Supply of Inventory increased 28.6% YoY to 2.7 months. Orange County EMT = Seller’s Market ?? : Demand continues to outpace supply, with the typical home spending 30 days on market in Orange County, up 3 days MoM. ?? San Diego County - All homes: New Listings increased 12% YoY to 2,706. Pending Sales were up 21.8% YoY to 2,002. Inventory increased 38.1% YoY to 4,712. The Median Sales Price was up 5.3% YoY to $900,000. The Average Sales Price was up 8.4% YoY to $1,210,866. Days on Market increased 33.3% YoY at 36 days and Months’ Supply of Inventory increased 38.9% YoY to 2.5 months. San Diego County EMT = Seller’s Market ?? : Demand has cooled a bit, like Orange County, demand continues to outpace supply, with the typical home spending 36 days on market in San Diego County, up 2 days MoM. To clarify EMT Status* ?? Strong Seller’s Market: <30 days ?? Seller’s Market: 30-60 days ?? Slight Seller’s Market: 60-90 days ?? Balanced Market: 90-120 days ?? Slight Buyer's Market: 120-150 days ?? Buyer’s Market: 150-180 days ?? Strong Buyer’s Market: >180 days * EMT is defined as the amount of time it takes to place a home on the market today and then open up escrow later on. For the latest trends about Orange County and San Diego County real estate markets, please visit our website CosteraRealty.com

October 8, 2024 ???? Nationally – U.S. existing-home sales slid 2.5% month-over-month (MoM) and 4.2% year-over-year (YoY) to a seasonally adjusted annual rate of 3.86 million units, according to the National Association of REALTORS? (NAR). Meanwhile, home prices have continued to reach record heights nationwide, with NAR reporting a median sales price of $416,700 as of last measure, a 3.1% increase from the same time last year and a new high for the month. Amid slower home sales, inventory has continued to grow across the country. According to NAR, there were 1.35 million units for sale heading into September, a 0.7% increase from the previous month and a 22.7% jump from the same time last year. And while monthly existing-home sales were lower than expected this period, NAR Chief Economist Lawrence Yun believes that the rise in inventory, along with lower mortgage rates, should help sales improve in the months ahead. ??Orange County - All Homes: New Listings decreased 0.5% YoY at 1,960. Pending Sales decreased 37.2% YoY to 996. Inventory increased 29.5% YoY to 4,552. Median Sales Price increased 7.4% YoY to $1,155,000. The Average Sales Price was up 9.1% YoY to $1,532,607. Days on Market increased 8% YoY to 27 days and Months’ Supply of Inventory increased 33.3% YoY to 2.8 months. Orange County EMT = Strong Seller’s Market ?? : As usual, demand continues to outpace supply, and properties continue to sell quickly, with the typical home spending 27 days on market in Orange County, up 1 day MoM. ?? San Diego County - All Homes: New Listings increased 14% YoY to 2,729. Pending Sales were up 13.7% YoY to 1,920. Inventory increased 48.7% YoY to 4,846. The Median Sales Price was up 3.8% YoY to $895,000. The Average Sales Price was up 3.5% YoY to $1,181,280. Days on Market increased 36% YoY at 34 days and Months’ Supply of Inventory increased 44.4% YoY to 2.6 months. San Diego County EMT = Seller’s Market ?? : Demand has cooled off a bit, but that’s normal for the fall season. With that said, demand continues to outpace supply, and properties are still selling relatively fast, with the typical home spending 34 days on market in San Diego County, up 5 days MoM. To clarify EMT Status* ?? Strong Seller’s Market: <30 days ?? Seller’s Market: 30-60 days ?? Slight Seller’s Market: 60-90 days ?? Balanced Market: 90-120 days ?? Slight Buyer's Market: 120-150 days ?? Buyer’s Market: 150-180 days ?? Strong Buyer’s Market: >180 days * EMT is defined as the amount of time it takes to place a home on the market today and then open up escrow later on. For the latest trends about Orange County and San Diego County real estate markets, please visit our website CosteraRealty.com.

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Great news to share! James Hoppe of Costera Luxury Properties has been named a 14-time winner of the Five Star Real Estate Agent award by Five Star Professional, a recognition that goes to only a tiny percentage of Real Estate Agents each year! Since 2010, only 20 out of 39,000 Orange County, CA real estate agents have been awarded for 14 or more years! Check out this short social media announcement video they made! ? https://lnkd.in/gGEfKXxN