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A Closer Look at Irvine’s University Park Housing Market

Oct 31st, 2012 by Sylvia Walker 

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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Posted in News

Open House Review: 8 Sparta

Oct 30th, 2012 by SMS 

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.

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Falling Down, Falling Down

Oct 29th, 2012 by Meghana Joshi 

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.

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Closed Sales from 10/18/2012 to 10/25/2012

Oct 26th, 2012 by nilam 
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


Posted in News

Open House Review: 5 Birchwood

Oct 25th, 2012 by Karen 

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.

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Irvine House vs Condo Numbers: October 2012

Oct 24th, 2012 by Sylvia Walker 

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

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Posted in News

Open House Review: 59 Eagle Run

Oct 23rd, 2012 by SMS 

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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