32356 S. Coast Highway | Laguna Beach, CA 92651 Each office is independently owned and operated.
NEED MORE INFORMATION CALL US OR GO TO:
www.MonarchBayTerraceLifestyle.com
Monarch Bay Terrace MAY 2019 REAL ESTATE MARKET REPORT PRESENTED BY DEBBIE FAREMOUTH & JIM OLMSTED
1ST QUARTER REAL ESTATE REVIEW
Monarch Bay Terrace
LOW
SOLD PRICE
$1,650,000 $1,925,000
AVERAGE
$2,200,000
HIGH
$496 $554 AVERAGE LOW
PRICE PER SQUARE FOOT
$612
HIGH
LOW
DAYS ON MARKET
195
AVERAGE HIGH
SOLD PRICE TO LIST PRICE RATIO
199 203
88.2% 90.0% AVERAGE LOW
HIGH
91.9%
Data based on listings from CRMLS from January 1st to March 31st 2018 and 2019. Information deemed accurate but not guaranteed.
SEE INSIDE FOR A SPECIAL OFFER FROM STELLA’S ITALIAN RESTAURANT
Jim Olmsted CRS, GRI, Executive Sales Associate
619.507.4555
Broker Associate
949.874.1147
DebbieFaremouth@gmail.com
JimOlmstedRE@gmail.com
CalBRE# 01237579
CalBRE# 01126426
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2019
CHECK FOR SPECIAL DINNER COUPON INSIDE
Assisting buyers and sellers, one yard at a time, with 54 years of combined experience
Jim Olmsted Broker Associate CalDRE# 01126426
CRS, GRI, Executive Sales Associate CalDRE# 01237579
949.874.1147
619.507.4555
JimOlmstedRE@gmail.com
DebbieFaremouth@gmail.com
WA N T T O K N OW YO U R H O M E ’ S VA L U E ? Either CALL US OR Go To:
www.MonarchBayTerraceLifestyle.com DID YOU KNOW... Online valuations can be as much as 40% off! Online systems don’t know if your home or another home has a view or other improvements. We can help determine your TRUE VALUE. For a FREE MARKET ANALYSIS and REAL VALUATION, go to our website or simply CALL US.
www.MonarchBayTerraceLifestyle.com | 949.874.1147 or 619.507.4555
with Melissa Faremouth - Assistant | www.MonarchBayTerraceLifestyle.com
Y O U R W I N N I N G M O N A R C H B AY T E R R A C E T E A M
UPCOMING EVENTS Whether you are looking to downsize, up-size, relocate, or invest in another property, we can answer your questions and help. Call us at 949.874.1147 or 619.507.4555.
Doheny Blues Fest
Sawdust Art & Craft Festival
Festival of Arts
May 18th - May 19th
June 28th - September 1st
July 5th - August 31st
Sea Terrace Park
935 Laguna Canyon Road
650 Laguna Canyon Road
www.dohenybluesfestival.com
www.sawdustartfestival.org
www.visitlagunabeach.com
CURRENT ACTIVITY IN MONARCH BAY TERRACE Status
Address
Beds
Total Baths
Est. Sq. Ft.*
List Price
For Sale For Sale
32392 Crete Road
3
3
2,500
$1,699,000
23231 Tasmania Circle
4
3
3,000
$2,399,999
For Sale
32401 Seven Seas Drive
4
3
3,400
$3,149,000
For Sale
22951 Aegean Sea Drive
4
5
3,400
$3,199,999
For Sale
32242 Sea Island Drive
4
6
4,500
$3,895,000
Status
Address
Beds
Total Baths
Est. Sq. Ft.*
List Price
Under Contract
32682 Seven Seas Drive
3
2
2,300
$2,095,000
Under Contract
32451 Adriatic Drive
4
3
3,200
$2,795,000
Under Contract
32592 Sea Island Drive
3
3
2,800
$2,895,000
Status
Address
Beds
Total Baths
Est. Sq. Ft.*
Sold Price
Recently Sold
32532 Seven Seas Drive
3
3
3,000
$2,000,000
Recently Sold
32602 Crete Road
3
4
3,300
$1,650,000
Recently Sold
32711 Sea Island Drive
4
3
3,600
$2,200,000
NOW UNTIL MAY 31ST, 2019
Monday & Tuesday Specials 50% Off Your 2nd Entree*
*As a courtesy, we want to offer you 50% off your second dinner entree at equal or lesser value. Visit Stella’s Serious Italian at Monarch Bay Terrace. Debbie Faremouth, Jim Olmsted and Pacific Sotheby’s International Realty are not in any way affiliated with Monarch Bay Terrace Home Owners Association, nor is this in any way an official advertisement or publication of Monarch Bay Terrace © 2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the CRMLS between January 1st, 2019 and April 17th, 2019. Listings and sales may not be those of Pacific Sotheby’s International Realty. 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. *Estimated square feet rounded to the nearest hundred.
Bring this coupon in order to redeem.