. The Monarch Beach market is showing signs of picking up with buyer activity. The markets have finally adjusted down in prices close to 2004 and in lower price ranges, seem to be stabilizing. Price ranges under $600,000 are seeing multiple offers coming in, actually driving the pricing over the original asking prices, in some pockets of areas. (This tends to be on Bankowned and Short Sale properties. )
The regular listed properties are where I am finding a significant savings negotiated off the asking price for our buyer clients..
The $1.1million and up prices are still softening, probably due to the stricter mortgage guidelines especially on Jumbo Loans. Still, a great buy- in to attain a property that has adjusted down to 2004 prices. As a buyers only Real Estate office,one of the only ones between Seal Beach and San Clemente) I show hundreds of properties every year.
The current market inventory is not sitting on the market as long in many areas unless it is a short sale/pre-foreclosure where they average as much as 250 days on the market.
Visit my website to search 1000's of properties and Pics www.buyersonlycoastalrealty.com and for Monarch Beach Luxury Homes you can also visit www.southorangecountyreal-estate.com I am broker owner of Buyer's Only Coastal Realty and am a genuine buyers broker (We do not cross over working with sellers like other RE offices) and the way I show property is more detailed, since 100% of my time is dedicated to only working for the buyers side, see the difference. We are quite unique from other Realtors. Our brokerage is one of about several "genuine" buyers only brokerages in all of Southern California and members of www.naeba.org besides being Realtor members.
If you would like a Custom "Live"search to the MLS, contact me and I will get your account up and running today. Or, to see for yourself, the great abundance of inventory to choose from right now in Monarch Beach and all of Orange or San Diego Counties. Create a self search on our websites, search privatley for all Foreclosures,Short Sales and Bankowned properties. Search Luxury Homes, Estates, Oceanfront Estates, Ocean View Condos, Homes, Towhomes, Golf Course Homes, Equestrian Homes, Vacation Homes and more. Email me today, suzanne@coastalbuyers.com to go over your criteria and review the inventory available. Or for Monarch Beach area Luxury Homes visit www.southorangecountyreal-estate.com and www.buyersonlycoastalrealty.com and
ZIP Codes: 92629, 92651 Approximate Location Boundaries: Between Laguna Beach and Dana Point near the Ritz-Carlton and St.Regis Hotels and Resort
Location Characteristics: Monarch Beach is located between Laguna Beach and Dana Point. Also abating Laguna Niguel, Monarch Beach is an area of the city of Dana Point. Monarch Beach is home to the St. Regis and Ritz Carlton Hotel and Resort. Comprised of the gated communites of Ritz Pointe and Ritz Cove as well as South Peak and Niguel Shores, offering estates,homes, townhomes and condos. Condos start around $470,000 and 4000sqft. homes around $2million. Oceanfront start around $4million.Homes from 1300 to 2000 sqft. start around $780,000.Monarch beach is a great location with easy access to the Freeway and Toll Road. The Shops at Mission Viejo is convienently located to shop Nordstroms and all your favorite shops.Than there is Dana Point Harbor, which is a great spot to go for a walk or enjoy the restaurants on the water as you watch the sail boats go by. A great spot to raise a family, retire, buy a first home or a vacation home.Monarch Beach has it all.
About Suzanne Hefni-Pyle:
As a member of the National Assocation of Exclusive Buyer Agents, Buyer's Only Coastal Realty Office works exclusively for you, the buyer - providing a full, comprehensive and unbiased view of all homes on the Southern California real estate market – without giving preference to properties that serve the seller's interest.We offer 100% buyer representation. Before you let anyone show you property,call us, or you could end up having to work with an agent, you did not choose just because they had shown you a home.We protect buyers !
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
