A Look at the Numbers for Irvine’s Portola Springs Homes

According to Redfin:

In September, 14 resale homes were on the market in Portola Springs. The median list price was $699,000 or $361 per square foot.

In July, five homes sold in Portola Springs; this is up 400% from June 2009. The median sales price for these homes was $684.000; this is down 2.3% from the June median.

inventory-portola-springsmedian_condo_sq_ft_portola-springs
Redfin graphs: September 2009 Inventory and Price Per Square Foot for Portola Spring Condos

According to Trulia:

The median sales price for homes in Portola Springs that sold between  July 2009 to September 2009 was $669,500; this is up 4.8% from one year ago. Nine homes sold during that time period; this is up 50% from one year ago.

portola-springs-graph-number-sales

portola-spings-trulia-graph-median-sales-price

Here is a look at some past Portola Springs stats from Redfin:

April 3, 2009

  • List price: $731,000/$342 per SF
  • Sold price: $375,000/price per SF–n/a*
  • Median days on market: 49.5*
  • Number of homes on the market: 19
    (7 detached/12 condos)

February 28, 2009

  • List price: $730,315/$345 per SF
  • Sold price: $749K/price per SF–n/a*
  • Median days on market: 60*
  • Number of homes on the market: 21
    (7 detached/14 condos)

January 31, 2009

  • List price: $765,408/$358 per SF
  • Sold price: $765,000/price per SF–n/a*
  • Median days on market: 38.5*
  • Number of homes on the market: 18

December 30, 2008

  • List price: $735,000/$341 per SF
  • Sold price: $788,000/price per SF–n/a*
  • Median days on market: 86.5*
  • Number of homes on the market: 29.5

November 30, 2008

  • List price: $870,238/$341 per SF
  • Sold price: n/a
  • Median days on market: n/a
  • Number of homes on the market: 17

October 31, 2008

  • List price: $748,500/$344 per SF
  • Sold price: n/a
  • Median days on market: n/a
  • Number of homes on the market: 10

*Based on homes sold or taken off the market in the previous 90 days

For more information on housing in Portola Springs, see yesterday’s post “Comparing Irvine’s Portola Spring Home Prices to Woodbury East Ivy Price.”