The Irvine Housing Report: The 92618 Numbers (Oak Creek, Orange Tree, Portola Springs, Woodbury East)

Up today is the 92620 ZIP numbers. This ZIP includes the old and the new, the expensive and not so expensive: Oak Creek, Orange Tree, Portola Springs and Woodbury East. Currently, the least expensive home in this ZIP is located in the well established area of Orange Tree. The most expensive home is located in newly built community of Portola Springs.

325 Tangelo #324, Irvine (Orange Tree)

325 Tangelo #324, Irvine (Orange Tree)

92618 Median Selling Price

  • June 2010: $605,500 (up 89.2% y-o-y)
  • May 2010: $628,500 (up 44.5% y-o-y)
  • April 2010: $690,500 (up 29.4% y-o-y)
    For comparison: According to Redfin, the April median selling price for this ZIP was $615,000 or $315 per square foot.
  • March 2010: $602,500 (up 28.26% y-o-y)

20 Small Grove, Irvine (Portola Springs)

20 Small Grove, Irvine (Portola Springs)

92618 Number of Sales

  • June 2010: 140 (up 775.0% y-o-y)
  • May 2010: 76 (up 300.0% y-o-y)
  • April 2010: 25 (up 92.3% y-o-y)
  • March 2010: 35 (up 483.33% y-o-y)

Note: The photos are of the least expensive ($208,800–a short sale) and the most expensive ($1,799,000) homes that are currently on the market in this ZIP code.

Source unless otherwise noted: DataQuick