The Irvine Housing Report: The 92614 ZIP (Lower Woodbridge and Westpark)

87-briarglen-27-woodbridgeUp today is Irvine’s 92614 ZIP housing numbers. This ZIP  includes part of the Westpark neighborhood and lower Woodbridge.

The photo is of 87 Briarglen #27 in Woodbridge. This 2 bedroom condo is priced near the median selling price for homes in this ZIP; however, the price per square foot ($412) is above this ZIP’s median. Also, both Zillow and eppraisal estimate the value of this home to be approximately $350,000. This home has been on the market for approximately 5 months.

92614 Median Selling Price

  • July 2010: $429,500 (down 6.4% y-o-y)
  • June 2010: $425,000 (down 20.3% y-o-y)
    Note: Redfin’s June 2010 numbers are $502,000  (down 15.8% y-o-y) or $345/SF (up 7.8% y-o-y).
  • May 2010: $555,000 (down 11.0% y-o-y)
  • April 2010: $591,000 (up 45.9% y-o-y)
  • March 2010: $525,000 (up 46.14% y-o-y)

92614 Number of Sales

  • July 2010: 25 (up 44.8% y-o-y)
  • June 2010: 16 (up 25.0% y-o-y)
  • May 2010: 24 (up 11.1% y-o-y)
  • April 2010: 25 (up 25.0% y-o-y)
  • March 2010: 21 (up 61.54% y-o-y)

Source unless otherwise noted: DQnews