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South coast city home smackdown: $499K

November 26th, 2009, 1:00 pm · 3 Comments · posted by KELLI HART, THE ORANGE COUNTY REGISTER

Even with declining list prices, there still isn’t a whole lot of house to be had listed below $500,000 in our south coast cities.

This isn’t a shock to Laguna Beach’s market, but the homes priced below $500,000 in San Clemente and Dana Point aren’t the best deals out there either.

Here’s how it breaks down: Laguna’s market has 16 homes for sale at or below $500,000, San Clemente has 58 and Dana Point has 45. The affordability truly does move south along the coast.

Here’s a home in each city at the same price point, for comparison purposes.

CLICK on address links for additional information.

Photo City Price Address Sq. ft. BR/BT Ocean view
DP34626viacatalina1 Dana Point $499,000 34626 Via Catalina 1,000 2, 1 no
lb515sannicholascourt1 Laguna Beach $499,000 515 San Nicholas 1,353 2, 2.5 no
sc3711callelaquinta1 San Clemente $499,000 3711 Calle La Quinta 1,145 2, 2 yes

Read more…

Oceanfront home slashed by $2 million
Swap Big Bear home for turkey day in Laguna
Even cliff-hanging homes can sell

Ocean-view, turnkey home a deal at $534,500?
Be thankful for this: $1 million in cash
Fresh south coast foreclosures aren’t so pretty
Slashed short sales with big square-feet

Laguna Beach’s ‘blue house’ slashed by $200,000
These Laguna Beach homes are off to auction
Beach-close community averages 1 home sold per week

Ocean-view short sale slashes price, worth the wait?
These San Clemente homes are headed to auction
Discounted multi-unit listings a good investment?

Is there life in luxury Emerald Bay market?
Laguna Beach home sales up 61.9% over last October

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