Today we will take a look at Irvine’s University neighborhood. First, a quick observation: Like many of Irvine’s neighborhoods, University Park’s price per square foot selling price shows no consistent pattern of increase or decrease when compare to the same month last year.
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Westpark Family Package
8 Sparta $658,000
Turning onto Sparta, I found two small boys playing catch in the middle of this quiet cul de sac. Around the area neighbors were out on the sidewalk, standing and talking.
Inside, the atmosphere was equally appealing as I surveyed the open space, sleek wood floors and vaulted ceiling. It looks like there would be room here for special parties and family time too.
275 properties for sale as of this morning (Source: Redfin). 154 of them are Single Family Residences ranging from $424,900 to $17,750,000. Many of them are in fact detached condos, wrongly classified as Single Family Residences in the listing. The most popular search of properties within the range of $500,000 to $750,000 yields 74 properties, single family residences and condominiums included. Inventory is low, and Irvine market seems to be picking up fast.
Read the rest of this entry »| Date Sold | Address | Zip | Tract | Sold Price | Beds | Sq Ft |
| Columbus Grove | ||||||
| 10/19/12 | 27 Juneberry | 92606 | Kensington Court | $570,000 | 3 | 2125 |
| El Camino Real | ||||||
| 10/23/12 | 3 Saint Paul 11 | 92604 | Heritage Park | $400,000 | 3 | 1223 |
| 10/25/12 | 5 Greenwood | 92604 | Smoketree | $389,000 | 3 | 1517 |
| 10/22/12 | 4121 Fireside Cir | 92604 | Greentree | $600,000 | 3 | 1800 |
| Northpark | ||||||
| 10/22/12 | 6 Riveroaks | 92602 | Rutherford | $830,000 | 3 | 2200 |
| 10/22/12 | 20 Inglenook | 92602 | Campanile | $875,000 | 3 | 2460 |
| 10/25/12 | 19 Delano | 92602 | Bel Aire | $935,000 | 5 | 3097 |
| Northwood | ||||||
| 10/18/12 | 37 New Dawn | 92620 | RoseGate | $2,200,000 | 5 | 4800 |
| 10/18/12 | 23 Ericson Aisle | 92620 | Northwood Villas | $404,900 | 2 | 1279 |
| 10/18/12 | 12 Calandria | 92620 | Orchard Glen NW | $590,000 | 3 | 1414 |
| 10/19/12 | 2 Mansfield Dr | 92620 | Mahogany | $2,010,000 | 5 | 5200 |
| 10/22/12 | 6 Christamon W | 92620 | Park Place | $750,000 | 4 | 2336 |
| 10/24/12 | 8 Leesburg | 92620 | Glen (NW) | $553,500 | 3 | 1424 |
| 10/25/12 | 9 Garnet | 92620 | Somerton | $1,400,000 | 5 | 3700 |
| Oak Creek | ||||||
| 10/19/12 | 19 Medlar | 92618 | Kenwood | $979,000 | 5 | 3123 |
| 10/19/12 | 52 Danbury Ln | 92618 | Cobblestone | $555,000 | 3 | 1500 |
| Orangetree | ||||||
| 10/22/12 | 140 Tangelo | 92618 | Lake Condos | $280,000 | 2 | 994 |
| Portola Springs | ||||||
| 10/19/12 | 46 Wild Trails | 92618 | Ironwood | $578,990 | 3 | 2092 |
| Quail Hill | ||||||
| 10/19/12 | 79 Windchime | 92603 | Sage | $520,000 | 3 | 1300 |
| Rancho San Joaquin | ||||||
| 10/22/12 | 36 Navarre 139 | 92612 | RSJ Villas | $388,000 | 2 | 1145 |
| Turtle Ridge | ||||||
| 10/18/12 | 56 Shade Tree | 92603 | Canyon's Edge | $942,000 | 2 | 2330 |
| 10/22/12 | 216 Coral Rose | 92603 | Ashton Green | $460,000 | 2 | 1181 |
| Turtle Rock | ||||||
| 10/19/12 | 49 HIGHLAND VIEW 29 | 92603 | Highlands Townhomes | $462,500 | 2 | 1369 |
| 10/22/12 | 10 Windflower | 92603 | Highlands Garden | $1,250,000 | 4 | 2956 |
| 10/24/12 | 36 Black Hawk | 92603 | Shady Canyon Custom | $3,500,000 | 4 | 5500 |
| 10/25/12 | 16 Bluff View | 92603 | Highlands Lusk | $1,955,000 | 5 | 4366 |
| University Park | ||||||
| 10/19/12 | 2 Mimosa | 92612 | Terrace | $580,000 | 3 | 1539 |
| University Town Center | ||||||
| 10/19/12 | 33 Auburn Aisle | 92612 | Oxford Court | $370,000 | 2 | 1019 |
| 10/19/12 | 10 Menlo Aisle 159 | 92612 | Oxford Court | $435,000 | 2 | 1350 |
| Walnut | ||||||
| 10/22/12 | 3891 Blackthorn Street | 92606 | College Park | $605,000 | 4 | 1873 |
| 10/23/12 | 25 New Jersey | 92606 | Revere | $694,900 | 4 | 2100 |
| West Irvine | ||||||
| 10/23/12 | 71 Glen Arbor 126 | 92602 | Wisteria | $570,000 | 4 | 1730 |
| 10/23/12 | 83 Sorenson | 92602 | Wisteria | $470,000 | 2 | 1220 |
| Westpark | ||||||
| 10/18/12 | 10 Almador | 92614 | Las Palmas | $480,000 | 3 | 1486 |
| 10/19/12 | 90 Costero Aisle 284 | 92614 | Tiempo | $370,000 | 2 | 1107 |
| 10/23/12 | 10 Cosenza | 92614 | Vista West Park | $730,000 | 4 | 1950 |
| 10/24/12 | 1 Santa Catalina Aisle | 92606 | Ravenna | $650,000 | 4 | 1900 |
| Woodbridge | ||||||
| 10/18/12 | 166 W Yale Loop | 92604 | Estates | $418,000 | 3 | 1900 |
| 10/18/12 | 18 Woodsorrel | 92604 | Creekside | $750,000 | 4 | 2044 |
| 10/19/12 | 18 Springwater 66 | 92604 | Townhomes | $450,000 | 2 | 1120 |
| 10/19/12 | 49 Rushingwind 29 | 92614 | Willow Creek (WB) | $725,000 | 3 | 2186 |
| 10/19/12 | 31 Orangegrove | 92604 | Grove | $559,900 | 2 | 1495 |
| 10/22/12 | 6 Thicket #63 | 92614 | Woodbridge Reserve | $338,000 | 2 | 1098 |
| 10/24/12 | 34 Sparrowhawk | 92604 | Villager | $313,000 | 3 | 1212 |
| Woodbury | ||||||
| 10/23/12 | 33 Hallmark | 92620 | La Casella | $605,000 | 3 | 2090 |
| 10/23/12 | 32 Roycroft | 92620 | La Casella | $830,000 | 4 | 2643 |
Discuss on Talk Irvine: http://www.talkirvine.com/index.php/topic,3235.0.html
This week, I went to Oak Creek for the very first time. I had seen the apartments before, but hadn’t ever explored the community of homes. I really liked the community feel, with nice houses, lots of children playing outside, and easy access to the elementary school, parks and swimming pools. I visited the open house at 5 Birchwood to get my first glimpse inside an Oak Creek house.
The basics:
Asking Price: $829,900
Bedrooms: 4 + bonus room
Bathrooms: 2.5
Square Footage: 2,907
Lot Size: 4,300
$/Sq Ft: $285
Days on Market: 142
Property Type: Single Family Home
Year Built: 1999
Community: Oak Creek, Ashford Tract
HOA dues are $137 per month. Mello Roos taxes are approximately $3,500 per year and are scheduled to end in 2022.
According to Altos Research, Irvine’s single-family housing market is nearly the same as it was the previous month. Altos gives Irvine’s single-family homes a Market Action Index of 22.58, which Altos defines as a buyer’s market. (Above 30 is defined as a seller’s market; below is defined as a buyer’s market.) Altos also states that the average single-family home has been on the market for about 112 days as of October 12, 2012.
Altos Market Action Index for Single-family Homes in Irvine
Altos Research
Woodbridge Single Family Home Formula
59 Eagle Run $619,000
Having seen two striking single family homes in Woodbridge that were similar to this one, I was wondering how this one would compare. The two homes, both in the Park Homes area were at 22 Tanglewood and 3 Woodland Drive. Both were beautifully detailed, attracted sizeable crowds and sold quickly.
Checking out 59 Eagle Run, I found many similarities and some contrasts. Once again this was a snug single family home in Woodbridge, priced for the current market.
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