Angela Kaufman - Stoneridge - April 2021

ANGELA KAUFMAN

27101 Puerta Real, Suite 150-1 Mission Viejo, CA 92691

REALTOR CalDRE# 01911411 ®

PREPARED ESPECIALLY FOR

949.939.7925 Angela@KaufmanPG.com www.KaufmanPG.com

JONATHAN AND ANGELA-MARIE

Visit www.MyStoneRidgeHome.com for community information and recent sales.

APRIL 2021 REAL ESTATE MARKET REPORT

ALWAYS EXPECT EXCEPTIONAL RESULTS WITH ANGELA KAUFMAN

SOLD FIVE DAYS ON MARKET, EIGHT DAY ESCROW 23056 Mountain Pine 4 Beds | 2.5 Baths | 2,600 Sq. Ft. SOLD FOR $1,080,000

SOLD FOR $50,000 OVER ASKING PRICE IN JUST ONE WEEK! 22866 Driftstone 5 Beds | 3.5 Baths | 3,400 Sq. Ft. SOLD FOR $1,400,000

Jonathan and Angela-Marie,

Let me achieve the same exceptional results for you as I did for these clients. Call me at 949.939.7925 to have your home professionally marketed and featured in my monthly publication.

Presented by Angela Kaufman

YOUR STONE RIDGE REAL ESTATE RESOURCE

STONE RIDGE

www.MyStoneRidgeHome.com

ANGELA KAUFMAN

Kaufman Property Group uses advanced technology and marketing systems to create higher demand for listings, helping sellers achieve a higher sale price. We use highly sophisticated big data, demographics, and social media to target the most qualified and most likely buyer for our seller’s home.

REALTOR®

949.939.7925 Angela@KaufmanPG.com www.KaufmanPG.com

Visit www.MyStoneRidgeHome.com for community information and recent sales.

Stone Ridge Homes Currently Listed Status

Bedrooms

Total Baths

Estimated Square Feet* 4,300

$1,450,000

Active

4

4

3,800

$1,550,000

5

There

Closed Sales

in

are

3

3 Stone Ridge Homes Currently Pending

Stone Ridge in

the

Last 6

or with

List Price

Backup Offers

months

3,900

List Price

$1,750,000

Closing Price

Close of Escrow Date

3,900

$1,425,900

$1,525,000

03/26/21

3

2,600

$1,098,888

$1,080,000

03/03/21

5

5

4,000

$1,299,900

$1,275,000

01/28/21

23071 Poplar

4

3

2,800

$999,900

$1,110,000

12/23/20

Closed Sale

23888 Skyline

6

5

3,700

$1,425,000

$1,550,000

12/15/20

Closed Sale

23478 Ridgeway

4

3

3,700

$1,225,000

$1,190,000

11/24/20

Closed Sale

23639 Ridgeway

5

5

3,800

$1,299,900

$1,280,000

10/29/20

Closed Sale

23131 Bouquet

4

3

2,800

$969,900

$960,000

10/28/20

Closed Sale

23015 Stoneridge

5

4

3,400

$1,068,000

$1,000,000

10/01/20

Status

Address

5

5

Closed Sale

23592 Bradbury

5

3

Closed Sale

23056 Mountain Pine

4

Closed Sale

23292 Eagle Ridge

Closed Sale

Closed Sale

Bedrooms Total Baths

24048 Skyline

Estimated Square Feet*

$1,833,333

03/31/21

Angela Kaufman and Century 21 are not in any way affiliated with Stone Ridge Owners Association, nor is this in any way an official advertisement or publication of Stone Ridge. © 2021 All rights reserved.

This representation is based on sales and data reported by multiple brokers/agents to the CRMLS between October 1st, 2020 and April 1st, 2021. Listings and sales may not be those of Century 21. The CRMLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Square feet rounded to the nearest hundred.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

AVERAGE SOLD PRICE 2021 Average Price: $1,428,333 2020 Average Price: $1,023,000 INCREASED 39.6%!

AVERAGE DAYS ON MARKET (SOLDS) 2021 Average Days on Market: 16 Days 2020 Average Days on Market: 92 Days SELLING 76 DAYS FASTER!

AVERAGE SOLD PRICE/SQUARE FOOT 2021 Average Price Per Foot: $400 2020 Average Price Per Foot: $340 INCREASED 17.6%!

AVERAGE SOLD PRICE/LIST PRICE 2021 Average SP/LP Ratio: 102.0% 2020 Average SP/LP Ratio: 98.1% INCREASED 3.9%!

Reflects data from the CRMLS from January 1st, 2020 through April 1st, 2021. Deemed accurate but not guaranteed.

Jonathan and Angela-Marie, If you want to know what your home would sell for in today’s market, contact me today at 949.939.7925 for your free report.

Active

STONE RIDGE 1ST QUARTER REVIEW

WHY EXPERTS BELIEVE WE ARE NOT FACING A REAL ESTATE BUBBLE With home prices increasing, interest rates remaining at record lows, and demand skyrocketing, the same question seems to be on everyone’s mind; are we in a real estate bubble?

Experts and Realtors agree the answer is no.

BETTER REGULATIONS ON LOANS Unlike the Great Recession’s collapse, home loans are no longer funded via low-doc/no-doc loans by borrowers lacking qualifications.

EQUITY IS GROWING QUICKLY 2020 saw an increase of 11%, and this year is on track for another 6% growth. People can sell or refinance and banks still come out ahead.

SUPPLY IS STILL MUCH LOWER THAN DEMAND Lack of supply has been a factor for over a decade and has only increased in the last year, creating massive shortages and dramatically increased prices.

PERMANENTLY WORKING FROM HOME COVID-19 has shown that many jobs can be performed remotely, so buyers are moving to areas that better suit their lifestyles.

NEXT GENERATION INFLUENCE Over 50% of young adults live with their parents. It’s only a matter of time before these individuals are looking for their first home.

BUILDERS CAN’T KEEP UP Some home builders have reported a ten-month waiting time for construction while others are using a lottery system.

When a bubble pops, nothing remains – this is opposite of the current market.

Demand is fueling the increase in pricing, rather than low-qualified buyers obtaining loans.

Jonathan and Angela-Marie, With such a unique market, it’s important to work with a Realtor who understands not only the current market trends, but your community as well. Let me go to work for you and help achieve your real estate goals. Call me today at 949.939.7925 for a free consultation!