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November / December Vol. 10, 2019 / Circulation 16,500 Monthly

16112 Whitecap Lane (Faire Marin), Huntington Harbour, CA | ON MARKET | $1,650,000 This Gorgeous Home is located in 24 Hour Guard Gated Community of Faire Marin. Grand Entry with soaring ceilings, Formal Living Room with Fireplace, Formal Dining Room with Wet bar/Wine cooler. Spacious Master Bedroom with Fireplace. Travertine Flooring, Vaulted Ceilings, Custom staircase railing, Hardwood Floors, Beautiful Granite Island Kitchen with stainless appliances, Central Air Conditioning, and Low Maintenance Back Yard. Award winning Harbor View Elementary, Public Tennis Courts, Playground, Habour Mall, and Humboldt Beach are all close by! 4 Bedrooms or 3 Bedrooms + Office | 3.5 Baths | 3,500+ SqFt | Off Water ~ Interior Tract | 2 Car Garage

Scot Campbell

Broker / Global Luxury Specialist 714.336.0394 Cell / Text scot@campbellrealtors.com www.scotcampbell.com DRE #00943759

Š 2019 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell BankerŽ is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated Except Offices Owned And Operated By NRT Incorporated.


Huntington Beach Real Estate Market is Gaining Momentum! By Huntington Beach Realtor - Scot Campbell - 10/21/19 Source: Realtor MLS/Reports on Housing

The big story moving into the 4th Quarter of the year is the increase in sales volume and the improving relative strength of the Huntington Beach real estate market. Days of Supply (The number of homes selling relative to the number listed) is the best measure of the overall market. On October 3, 2017 this metric was 68 days, within 5% of the five-year average, and on October 17, 2019 the reading was 76 days within 14% of the five-year average for Days of Supply. When interest rates were still high in January 2019, the Days of Supply hit 125 (highest in over 10 years), and in February we were at 100 Days (lower than January but 87% more days than the 5year average). The relative improvement in the market is attributable to lower interest rates, increasing home sales, and many sellers electing to either take homes off the market at the end of the summer. Days of Supply: Reading was 68 days on 10/3/19 and 76 days on 10/17/19. Days of Supply is an excellent measure of market activity as it tells us how many homes are selling relative to the number listed. During a strong seller's market, this measure may fall into the 40-day range. In a strong buyer's market, the measure may increase to over 200 days. A "balanced market" is 90 to 120 days. But, to judge the relative strength of the market for homes like yours, a measure must be taken for your price segment.

Scot will get your property Sold, for Top Dollar... with Fewer Days on the Market!

Scot Campbell, Broker

Global Luxury Specialist 714.336.0394 Cell / Text scot@campbellrealtors.com www.scotcampbell.com DRE #00943759

Scot is the President of Coldwell Banker - Campbell Realtors in Huntington Beach, CA. He is a Certified Global Property Speicalist, and has been licensed for over 32 years. He holds a California Real Estate Brokers License and was also Certified by the State of California to do real estate appraisals. As the Broker of Record for over 1400 closed sales in the last 10 years alone, he has handled just about every type of transaction imaginable. His undergraduate degree is in Real Estate Finance, and he did his graduate studies in Economics. As a Huntington Beach resident since 1973, he has been living & loving the Coastal Orange County Lifestyle for over 45 years. Have questions about real estate? Come visit him at his oceanfront office at Pacific Coast Highway & 18th Street. Scot will answer your questions... and the office has a great view!


707 13th Street, Downtown Huntington Beach | ON MARKET | $2,650,000 Magnificent Mediterranean Estate on oversize lot in the "Park Area" of Downtown Huntington Beach! Located just six blocks to the beach and a short stroll to schools, parks, Main Street Village, Doggie Beach, & the new Pacific City Development. Breathtaking Architectural Design with Lush Landscaped Tropical Gardens, Fountains, Sunny Courtyard, & Sky Lit Atrium. Unique Open Floorplan Features Sun Filled Spaces and the feel of an elegant, yet casual resort! Most Importantly, it has all the functional spaces you are looking for to entertain and really enjoy beach living: Formal Living & Dining Rooms, Gourmet Island Kitchen, Casual Dining Nook, Large Family Room with Bar, Downstairs Office (could be a bedroom), laundry room, and wine cellar (downstairs powder room could be expanded into a ž bath). Upstairs features: a luxury master suite with balcony, fireplace, separate tub & walk-in shower... 2 additional bedrooms & 2 full baths, Plus Office (could be bedroom). The Atrium is an ideal space to easily add an elevator! The 3 car garage is enormous... walls of cabinets, epoxy floor, & a full bath! RV parking space (9.5' X 25') adjacent to garage.

4 Bedrooms + Office, | 4.5 Baths | Oversize 3 Car Garage + RV Space | 4,320 ASqFt | 6,325 ASqFt Lot Text 70713th to (714) 874-8161 for Additional Info


Huntington Beach Real Estate Sales JUMP 24.3% Year-over-year in Sept 2019… 9.99% Higher Sales Volume than the 5-Year Average for September. Mortgage Rates near 3-year lows are lowering payments for Buyers, 4th Quarter 2019 is a Great Time to Sell! By Huntington Beach Realtor - Scot Campbell - 10/21/19 Source: Realtor MLS/Reports on Housing

Mortgage Rates: Mortgage Rates spiked at 4.94% per the FreddieMac Mortgage Market Survey on 11/15/18, but rates have since come down to 3.69% as of 10/17/19. Jumbo rates seem to be even lower… a quick review of mortgage rates being quoted by large lenders on the web showed 3.625% for 30-Year Jumbo loans, and 3.0% for 30-Year due in 10 years Jumbo loans. Mortgage rates are still near 3-year lows. Falling mortgage rates are providing an attractive incentive to buy as we move into the 4th Quarter, and low rates will continue to offer an opportunity window for both buyers and sellers as we move into the end of the year..

Go to my website to watch detailed market update videos. www.scotcampbell.info - Market update under Resources tab

Price per Square Foot: The September 2019 Average Price per Square Foot ($PSF) for the entire market was flat year-over-year at $535 (Detached homes $548 and Attached homes $503). Average Price: The average price of detached homes sold in September 2019 was $1,212,694 a decrease of 1.3% compared to September 2018. For attached homes the average price was $708,053 an increase of 13.1% from the same period last year. Insight/Trend: The Summer Selling Season is over, and we are moving into normally the slower time of the year; however, with mortgage rates at 3-year lows the market is actually outperforming the summer. June, July, & August sales were 148, 156, & 163 respectively. September saw 174 closings!!! Now is great time to transact real estate for both buyers and sellers. Favorable mortgage rates are helping to sell homes for sellers and decreasing payments for home buyers. Homes priced under $1 million are having more activity than the higher end of the market… but conditions have improved across the board.

A review of the September 2019 Huntington Beach Residential Closed Sales shows: Homes Sold: In September 2019, the entire Huntington Beach market saw a total of 174 houses, townhomes, and condos sold… 104 detached properties sold and 70 attached homes sold. The sales level was 9.99% higher than the five-year average for the month of September, and 24.3% higher than a year ago. Detached home sales increased 20.9% and attached home closings increased 29.6% compared to September 2018. Average Days on Market until Under Contract: The aver age days on market for September 2019 was 40.

Price Disclaimer: It should be noted that an increase in average price and average price per square foot of sold homes does not 100% correlate with appreciation of all homes. If buyers just happen to be focusing their purchase on luxury homes, it is possible to have an increase in the average price of sold homes while appreciation is flat. The same is true on the downside if buyers chose to buy mostly "fixer homes" in a particular month. The best way to value an individual home is by comparing it to similar homes recently sold in the same neighborhood.

Sellers: Hire a great Realtor & Brokerage to effectively market you home… then: Price your home correctly, prepare it for sale, be patient, and be ready to negotiate on terms that are acceptable to you. Understand the relative strength of your market segment as your guide for pricing and marketing strategy. Buyers: Mortgage Rates have dropped… and there are more homes on the market to choose from. This is a great time to be in the market… probably the best time in over 3 years!

Go to the “Newsletters” page on the “Resources” menu Of my website to read complete article and more charts. The title of the article is: “HB Market Update Oct 2019” www.ScotCampbell.com Mobile Phone/Text: 714-336-0394 Email: Scot@CampbellRealtors.com


526 10th Street, Downtown Huntington Beach Enjoy sunset walks on the beach, world class surfing, bike rides, fine dining, and entertainment‌ this enviably located home is "close, but not too close" to world-famous beaches, shops, restaurants, schools, & the new Pacific City Development! Custom-built by "Goodman Development" and subsequently enhanced to include a variety of high-end features & finishes. A tranquil & private front courtyard leads to a magnificent front door. Inside, the formal living room has access to the front patio via double French doors, and the adjacent dining area is ideal for dinner parties & family gatherings. The stunning gourmet kitchen includes custom cabinetry, large island, walk-in pantry, fireplace, & nearly new professional-grade appliances by Viking. Complete with a Firemagic BBQ & cooktop in the patio area, the downstairs area of this home is perfectly suited for entertaining guests. Upstairs is a family room with fireplace, two story ceilings, & built-in cabinets, flatscreen TV, & surround sound speakers. The 2nd level also features a powder room, Jack/Jill bedrooms, and a sumptuous master suite with its own balcony, walk-in closet, and separate shower & spa tub. The 3rd level is a versatile space, it features its own full bath in addition to a deck and living area which can be an office, bonus room, or guest bedroom. 3 Bedrooms + 3rd Floor Bonus Room | 3 Full Baths 2 Powder Rooms | 2,875 Asq.ft. | $1,699,900 Text 52610th to (714) 874-8161 for additional info and photography


RENDERING

Luxury Quality contemporary NEW HOME loaded with upgrades including professional appliances, hardwood flooring, wired for cameras & multi-zone music, 2 laundry rooms, built-in spa & firepit! Located just a few blocks from the beach & new Pacific City Development with fantastic restuarants, shopping, & Pasea Hotel... and the Main Street Village is also close-by with over 30 restaurants, shopping, Pier, & amphitheater.

805 & 807 Alabama Street | 4 Bedrooms | 3.5 Baths | 3,149 ASqFt | 2 Car Attached Garage | $2,099,000 Each


805 & 807 Alabama Street


414 9th Street, Huntington Beach, CA | ON MARKET | $2,295,000 New Construction, just completed: 414 9th Street is a Contemporary Open Concept 2,875 square foot floor plan with modern inspired architectural concepts. It features 3 bedrooms, 3.5 baths, spacious landscaped front patio, attached two car garage, the latest efficient new home technologies, and luxury quality finishes. First floor great room with massive gourmet island kitchen open to the living and dining areas. The 2nd Floor has Jack/Jill Bedrooms, Master Suite with 11' X 11' walk-in closet & Luxury Master Bath, and laundry room. The 3rd floor Bonus/Family Room has a Full Bath, Beverage Center, Covered Indoor/Outdoor living space + sundeck. Upgrades include: Central heating & air, tankless water heater, modern design fencing - concrete patio - firepit, designer metal gates, recessed lighting, Restoration Hardware chandeliers & pendants, European style/modern wood grain kitchen cabinetry with birch drawer boxes & soft close hardware/rollout trays, marble countertops, Premium windows, Bi-fold patio doors, JennAir: 48 inch range, 48 inch custom panel Refrigerator, Dishwasher, Under counter Wine Cooler, and Drawer style Microwave. Just a short stroll to the beach, parks, schools, Main Street, Pier & Pacific City!

3 Bedrooms + Bonus Room | 3.5 Baths | 2,875 ASqFt | 2 Car Attached Garage | Great Location

Text 4149th to (714) 874-8161 for Additional Info & Photographs


16846 Bayview Drive, Sunset Beach, CA | ON MARKET | $2,050,000 This waterfront home on Sunset Island in Huntington Beach is a modern masterpiece with design elements and luxury finishes (Subzero & Wolf appliances, Hansgrohe Axor fixtures, & more) which will delight buyers looking for a contemporary home with clean lines. It is Located on the water with a private boat dock, yet it is just a two block stroll to the soft & uncrowded sands of Sunset Beach. Entering the home, you are drawn into the downstairs family room with flat screen TV & built-in island bar. The bi-fold doors open to a sunny waterfront patio with gangway access to a private boat dock… The 2nd level features a gourmet island kitchen, dining room, living room, two bedrooms, and laundry room. The 3rd floor is the luxury master suite with separate retreat & office areas… finally there is an enormous 4th floor rooftop deck with panoramic views! The home features attention to detail and luxury finishes throughout… it must be seen to be appreciated. Sunset Beach is a stretch of golden sand located north of Warner Avenue & south of Surfside Colony. The sand and surf are uncrowded… almost like a private beach! The area is known for its Annual Art Festival, eclectic architecture from “cottages & sand castles” to custom contemporary homes. An active community, many waterfront Sunset Island residents enjoy kayaking & paddle boarding as much as surfing and evening strolls on the sand and Duffy boat cruses. For fishermen & boaters, Catalina is just 24 miles across the sea!

Waterfront Home | 3 Bedrooms, 3 Baths | 2,912 ASqFt | Boat Dock | 2 Car Attached Garage + 2 Spaces

Text 16846 bayview to (714) 874-8161 for Additional Info & Photographs


16412 Ardsley, Humboldt Island, Huntington Harbour | ON MARKET | $4,250,000 Rebuilt Luxury Waterfront Home with 97 feet of frontage on beautiful Christiana Bay in Huntington Harbour! Plenty of room on the 85 foot dock for your yacht, Duffy, skiff, kayaks, sabot, & paddle boards‌ enjoy gorgeous views from the amazing waterfront sunroom where you can watch friends & family sail & paddle the nice calm water of the bay. And, during the holidays, your fortunate guests will have a front row seat of the boat parade! No details were overlooked in the construction of this amazing contemporary home in 2011. Sound system, surveillance system, smart home features, gourmet island kitchen, climate controlled wine room, office with bay view, side-by-side aquariums, luxury quality finishes, and so much more! 4 Bedrooms + Office, 3.5 Baths | 4000+ ASqFt | 97 Feet on Water | 85 Foot Dock | 3 Car Garage

Text 16412ardsley to (714) 874-8161 for Additional Info & Photographs


7061 Coos Court, Huntington Beach | $825,000 | IN ESCROW THE TIDES is a beautiful Gated community of attached single family residences located adjacent to SeaCliff Center & 1.2 miles to the beach. It features a community pool/spa, lush landscaping, & private streets. Remodeled kitchen,Walk-in laundry room, spacious master suite, walk-in closet, 2 car garage, large back patio with firepit, wood floors, recent interior paint, A/C, and more!

3 Bedrooms | 2.5 Baths | 2 Car Garage | ASqFt.1,614 | Pool & Spa Text 7061coos (714) 874-8161 for Additional Info & Photographs

16231 Santa Barbara Lane, Huntington Harbour, CA | $3,075,000 | CLOSED This Gorgeous Home is located in 24 Hour Guard Gated Community of Faire Marin. Grandy Entry with soaring ceilings, Formal Living Room with Fireplace, Formal Dining Room with Wet bar/Wine cooler. Spacious Master Bedroom with Fireplace. Travertine Flooring, Vaulted Ceilings, Custom staircase railing, Hardwood Floors, Beautiful Granite Island Kitchen with stainless appliances, Central Air Conditioning, and Low Maintenance Back Yard. Award winning Harbor View Elementary, Public Tennis Courts, Playground, Habour Mall, and Humboldt Beach are all close by!

5 Bedrooms | 5 Baths | Office | 3 Car Garage | 4,078 ASqFt | Pool & Spa | 35 Foot Boat Dock

Home had multiple offers. Scot was able to obtain Top Dollar by structuring & completing a complex 1031 exchange transaction.


Buildable Home Site For Sale: 3904 River Avenue, Newport Beach, CA | ON MARKET The property is located along the waterfront in an area known as the Balboa Peninsula. The site is occupied by 1,782 square foot single family dwelling built in 1945 with 3 bedrooms, 2 baths, & 2 car garage. The lot is 28.57 feet wide and 100 feet deep. The site fronts River Avenue and backs to the Rivo Alto Waterway which is 100 feet across. The site appears to be developable for a 3-story single family residence of approximately 2,900 square feet, with boat dock, waterfront patio, 2 car garage, and rooftop living space. Sales comparables & active listings in the area support a sale price of $5,000,000 to $5,500,000 depending on the size, design merits, and finish quality of the New Structure. The seller has Preliminary Architectural Plans, Drainage & Grading plan, Landscaping Plan, Coastal Hazard Analysis Report, and Sea Wall Report. 3 Bdrms, 2 Baths | 2 Car Garage | 1,782 ASqFt | Lot is 28.57 feet wide and 100 feet deep | $2,350,000

Text 3904river to (714) 874-8161 for Additional Info & Photographs


DOWNTOWN HUNTINGTON BEACH NEW CONSTRUCTION Looking down 13th Street toward the beach from high above 623/625 13th Street.

623 13th Street Huntington Beach

625 13th Street Huntington Beach

Available $2,195,000

Available $2,195,000

PLAN 1

PLAN 2

Contemporary Open Concept 2,875 square foot floor plan with 3 bedrooms, 3.5 baths, spacious landscaped front patio, attached two car garage. First floor great room with massive gourmet island kitchen open to the living and dining areas. 2nd Floor has Jack/Jill bedrooms, master suite with 11' X 11' walk-in closet, luxury master bath, & laundry room. The 3rd floor Bonus Room has a full bath, bar area, covered indoor/outdoor living space, & sundeck.

Exquisite Open Concept 2,875 square foot floor plan with 3 bedrooms, 3.5 baths, spacious landscaped front patio, attached two car garage. First floor great room has soaring two story ceilings and a massive gourmet island kitchen open to the living and dining areas. The middle level has two en-suite bedrooms, family room, balcony, & laundry. On the 3rd floor is the amazing master suite with luxury master bath, large walk-in closet, retreat, & sundeck.


Each Blue Check Mark is One of Scot’s Closed Listings.

Want to get your home SOLD, at a HIGHER PRICE, with FEWER Days on the Market? Current Realtor MLS records show that Scot Campbell was the Broker of Record for over 750 Closed Listings in Huntington Beach representing the seller… and over 450 Closed Sales where he represented the Buyer.

When you list with Scot Campbell, your home is listed with the #1 Brand Online and the #1 Brand on Social Media. Plus it will be featured in the Realty Digest Magazine which is direct mailed to over 16,500 Huntington Beach Homeowners & Targeted Buyers. No other agent offers this level of marketing exposure for your home.

Scot Campbell

Broker / Global Luxury Specialist 714.336.0394 Cell / Text scot@campbellrealtors.com www.scotcampbell.com DRE #00943759

© 2019 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated Except Offices Owned And Operated By NRT Incorporated.


Orange County Housing Market Summary October 17, 2019 by Scot Campbell Source: Reports on Housing

There were 2,564 closed residential resales in September, 22% more than September 2018's 2,090 closed sales. The sales to list price ratio was 97.2% for all of Orange County. Foreclosures & Short Sales are few and far in-between: 99.5% of all sales were ordinary private party sellers with equity. The active listing inventory decreased by 204 homes in the past two-weeks, down 3%, and now totals 6,412. Last year, there were 7,292 homes on the market, 880 more than today. Demand, the number of pending sales over the prior month, decreased by 60 pending sales in the past two-weeks, down 3%, and now totals 2,251. Last year, there were 1,974 pending sales, 12% fewer than today. The Days of Supply for all of Orange County dropped from 86 days to 85‌ A slight Seller's Market (between 60 to 90 days). It was at 111 days last year and climbing, a much slower market. For homes priced below $750,000, the market is a hot Seller's Market (less than 60 days) with a Days of Supply of 56 days. This range repre sents 38% of the active inventory and 57% of demand. For homes priced between $750,000 and $1 million, the Days of Supply is 70 days, a slight Seller's Market. This range represents 19% of the active inventory and 23% of demand. For homes priced between $1 million to $1.25 million, the Days of Supply is 109 days, a Balanced Market.

Scot Campbell has a Five Star Rating Read his Reviews at www.MyPastClientReviews.com

Scot is extremely professional, level headed and factual. He's an ace in my pocket. This year, Scot sold both my properties located at 301 & 303 12th Street, Huntington Beach CA for $4.25MM setting the record price in the downtown market. We had a quick close and every aspect of the transaction was thought thru and addresses to ensure a smooth closing.

The luxury end, all homes above $1.25 million, accounts for 34% of the inventory and only 12% of demand. For luxury homes priced between $1.25 million and $1.5 million, in the past two weeks, the Days of Supply decreased from 121 to 118 days. For homes priced between $1.5 million and $2 million, the Days of Supply increased from 171 to 200 days. For luxury homes priced between $2 mil lion and $4 million, the Days of Supply decreased from 332 to 316 days. For luxury homes priced above $4 million, the Days of Supply increased from 557 to 619 days.

With the exception of the $4+ million price segment, the Days of Supply is lower now than a year ago.

Scot was amazing. He was with me through the whole process. Fair and most of all Honest. I had a very difficult Escrow and Scot made it happen. I cannot Thank him enough. (5) Stars all the way. Scot and his staff assisted our family in purchasing our new home and sell our old one. His knowledge, experience and resources made all the difference in helping reconcile any and all the potential issues and roadblocks we encountered through this major transition. He is a true professional.


Coldwell Banker Campbell Realtors

Local Postal Customers

Instant Home Value Reports Available www.HBhomeValue.com

When you order the Instant Report, the system will immediately email the most recent sales in your market area (per the Realtor MLS). You will get info on a number of homes, and you can pick out the properties most similar to yours. If you would like a more detailed list of properties For Sale, In Escrow, and Recently Closed… please email me your address and I will do a more complete list which goes back a little further in time which will have fewer sales but they will be more similar to your property.

Scot Campbell

Over 1,400 Homes Brokered Over a 32+ Year Career.

714-336-0394 www.ScotCampbell.com Scot.Campbell@ColdwellBanker.com DRE 00943759

© 2019 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated Except Offices Owned And Operated By NRT Incorporated.

Profile for Coldwell Banker

Realty Digest For Huntington Beach, CA by Scot Campbell  

Real Estate Market Update for Huntington Beach and Southern California.

Realty Digest For Huntington Beach, CA by Scot Campbell  

Real Estate Market Update for Huntington Beach and Southern California.

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