Steve Caudill - Northcoast-Village - July 2022

The Caudill Team CalDRE# 01455303 Steve Caudill (760) 685-8877 CalDRE# 01524589 Steve@TheCaudillTeam.com www.TheCaudillTeam.com www.NCVHomes.com

Each office independently owned and operated.

12780 High Bluff Drive Ste.130 San Diego, CA 92130

North Coast Village Real Estate Market Report | July/August 2022

Certified Luxury Home Marketing Specialist

NCV’S #1 SALES PROFESSIONALS FOR 14 CONSECUTIVE YEARS!

San Diego And Orange County’s #1 Keller Williams Team For 2 Consecutive Years!

More than 375 NCV Homes Sold by The Caudill Team!

Keller Williams – The World’s #1 Company

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Prepared for Future Friends and Neighbors

The Caudill Team August 2021 newsletter included the following information excerpted from First Tuesday Journal June 2021. (This excerpt was prior to the interest rate hikes and other economic factors.)

In 2021, expect to see today’s San Diego County bubble market reach a peak, to be dragged down heading into 2022 by the coming wave of distressed sales upon expiration of the foreclosure moratorium.

San Diego’s housing market will likely begin a consistent recovery around 2024-2025. Expect home sales volume to fall back in 2022. Expect sales volume and prices to bottom around 2022-2023 when homebuyers will return in greater numbers to push the housing market to its next recovery, expected to begin around 2024-2025.

Diane Hartley, President

and has earned the Certified Luxury Home Marketing Specialist™ designation for superior performance, achieved GUILD™ recognition for sales at or above one million dollars, and is a Member of The Institute for Luxury Home Marketing through

completed the Luxury Home Marketing training on

certifies that

THE INSTITUTE FOR LUXURY HOME MARKETING

NCV Owners and Agents

• No matter where you live in the Country, it’s important that you list your home with a real estate professional – not just a real estate agent. A professional will consistently work a minimum of “six months in advance of the market” (as projected above) and will keep you, the seller, informed of projected upswings and downturns. In a luxury home market, such as NCV, consider listing with an agent trained and experienced in working with luxury home sellers, buyers AND who’s able to work with other luxury home agents bringing offers on your luxury home/condominium.

The professional will always present your property with beautiful marketing pieces, competent write-ups, and professional copy.

• See the attached affirmation from “CLHMS” for Steve Caudill’s years of training and teaching in luxury home marketing and sales. He would consider it a privilege to talk with you regarding listing your NCV or San Diego County home.

Friends and Neighbors, I’m committed to protecting home values in your community. If you are considering selling your all available visit:plan and extensive home, call me todayTo at search 949.447.4444 to discussNCV how myproperties, unique marketing South Laguna market knowledge can get you the most money for your home.

WWW.NORTHCOASTVILLAGEHOMES.COM Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | © 2022

Presented by The Caudill Team Your North Coast Village Real Estate Professionals WWW.NCVHOMES.COM

2022 MID-YEAR SNAPSHOT

The Caudill Team NCV Owners and Agents

Certified Luxury Home Marketing Specialist

CalDRE# 01455303 Steve Caudill CalDRE# 01524589 (760) 685-8877 Steve@TheCaudillTeam.com www.TheCaudillTeam.com www.NCVHomes.com

Building G A A A F

Floor 3 2 1 3 1

Bedrooms 1 1 2 2 2

A223 | 1 Bed | 1 Bath Offered at $899,888

In escrow in “0” days

Address 999 N Pacific Street 999 N Pacific Street 999 N Pacific Street 999 N Pacific Street

Building E G G B

Floor 1 1 1 3

Bedrooms 2 1 1 3

The Caudill Team Transactions

Estimated Square Feet 762 762 1,041 1,124 1,041

List Price $799,900 $899,888 $1,249,900 $1,329,000 $1,549,000

All Other Agent Transactions B315 | 3 Beds | 3 Balconies 2 Fireplaces | 2 Parking Spaces 1 Washer/Dryer Price $1,574,888

Average Days on Market

List Date 06/10/22 05/31/22 07/08/22 06/09/22 06/02/22

Estimated Bathrooms Square Feet 2 1,040 1 762 1 845 2 1,432

The Caudill Team: 2 Days

List Price $1,499,900 $699,888 - $749,888 $899,888 - $999,888 $1,574,888

Address 999 N Pacific Street E104 999 N Pacific Street G317 999 N Pacific Street G321 999 N Pacific Street F13 999 N Pacific Street A201 999 N Pacific Street B319 999 N Pacific Street G116 999 N Pacific Street D106 999 N Pacific Street A221

Bedrooms 1 2 2 2 2 2 2 1 1

Bathrooms 1 2 2 2 2 2 2 1 1

Estimated Square Feet 760 1,157 1,157 1,041 1,040 1,157 1,040 760 762

List Price $847,000 $1,129,000 $1,400,000 $1,495,000 $899,888 - $999,888 $1,124,888 - $1,224,888 $1,199,888 $749,888 - $799,888 $849,888 - $924,888

All Other Agent: 5 Days

7

6

List Date 03/09/22 12/05/21 03/22/22 03/29/22 05/23/22 03/16/22 01/10/22 12/02/21 03/02/22

Sold Price $870,950 $1,126,125 $1,375,000 $1,550,000 $1,100,000 $1,224,888 $1,200,000 $790,000 $880,000

Close of Escrow Date 04/18/22 01/13/22 04/29/22 05/10/22 06/09/22 04/21/22 01/31/22 01/28/22 04/08/22

The Caudill Team and Keller Williams are not in any way affiliated with North Coast Village Owners Association, nor is this in any way an official advertisement or publication of North Coast Village. © 2022 All rights reserved.

This representation is based on sales and data reported by multiple brokers/agents to the CRMLS between January 1st and July 14th, 2022. Listings and sales may not be those of Keller Williams. 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.

“Off Market” sale with multiple offers The Caudill Team represented seller

0

NCV Homes Recently Sold

G35 1 Bed | 1 Bath | Cottage Price $899,888 - $999,888

Sold this year by The Caudill Team

Under Contract Date 07/03/22 07/12/22 05/17/22 05/31/22

10 units have sold in the first half of this year. One unit not listed in the MLS. 6 two bedrooms and 4 one bedroom units sold The Caudill Team represented 6 of the 10 sellers and 2 of the buyers

List Status Sold Sold Sold Sold Sold Sold Sold Sold Sold

The Caudill Team representing seller

Your Home Here In Escrow/Sold

NCV Homes Currently Under Contract/Pending List Status Pending Pending Pending Pending

In escrow with multiple offers in 1 day!

The Caudill Team representing sellers and buyers

= Steve Represented Both Buyer & Seller

Bathrooms 1 1 2 2 2

G105 | 1 Bed | 1 Bath Offered at $699,888 - $749,888

| MARKET REPORT

= Steve Represented Seller

Street Name 999 N Pacific Street 999 N Pacific Street 999 N Pacific Street 999 N Pacific Street 999 N Pacific Street

36%

64%

The Caudill Team Total Sales Volumes $8,629,888

NCV Homes Currently Listed List Status Active Active Active Active Under Contract

The Caudill Team representing sellers

All Other Agent Total Sales Volumes $4,922,075

San Diego And Orange County’s #1 Keller Williams Team For 2 Consecutive Years!

More than 375 NCV Homes Sold by The Caudill Team!

Keller Williams – The World’s #1 Company

= Steve Represented Buyer

In escrow in 5 days

The Caudill Team Sales Volume | Mid-Year 2022

NCV’S #1 SALES PROFESSIONALS FOR 14 CONSECUTIVE YEARS!

North Coast Village

New to Market

5

1

2

Number of Sellers Represented

3

4

3

The Caudill Team Transactions

6

2

4

3

2

1

0

4 Other Agents Tied at 1

1

5

Sold in 5 days

The Caudill Team represented sellers and buyers

Sold in 7 days with multiple offers

The Caudill Team represented sellers and buyers

6

Number of Buyers Represented The Caudill Team Transactions

2

5 Other Agent Tied at 1

1 Other Agent at 2

A102 | 1 Bed | 1 Bath Sold for $510,000

Sold in 3 days with multiple offers The Caudill Team represented sellers

D106 | 1 Bed | 1 Bath Sold for $790,000

Sold in “0” days

The Caudill Team represented sellers

A221 | 1 Bed | 1 Bath Sold for $880,000

Sold in 6 days with multiple offers The Caudill Team represented sellers

0

Source: Data from CRMLS from January 1st, 2021 - June 30th, 2022

A201 | 2 Beds | 2 Baths Sold for $1,100,000

G116 | 2 Beds | 2 Baths Sold for $1,200,000

B319 | 2 Beds | 2 Baths Sold for $1,224,888