The Irvine Housing Update: Number of Homes Sold

Today’s post is a continuation of last week’s post (median selling price of homes in Irvine). Up today are the stats for the number of homes that have sold in Irvine. Unless otherwise noted,  the source for the following numbers is DQNew.

Irvine Housing Inventory

Note that the graph, provided by Redfin, is of the number of homes that are on the market in Irvine, not the number of homes that have sold in Irvine.

Number of Sales in Irvine

  • November 2010: 239
  • October 2010: 174
  • September 2010: 222
    Redfin’s numbers: houses sold=89, condos sold=107
  • August 2010: 229
    Redfin’s numbers: houses sold=113, condos sold=102
  • July 2010: 226
    Redfin’s numbers: houses sold=106, condos sold=112

The Irvine Housing Update: Median Sold Price

Up today is an update of the median price that homes in Irvine have sold for. This includes all the Irvine neighborhoods (or villages as they are called in Irvine): Northpark, West Irvine, Northwood, Portola Springs, Woodbury, El Camino, Walnut, Columbus Grove, University Park, University Town Center, Orange Tree, Oak Creek, Westpark, the IBC (airport area), San Joaquin, Shady Canyon, Turtle Ridge, Turtle Rock and Quail Hill.

irvine-median_condo_sq_ft_by_time

Irvine Median Sold Price/SF-Condos

Unless otherwise noted, the source for the following numbers is DQNew.

irvine-median_house_sq_ft_by_time

Irvine Median Sold Price/SF-Houses

Median Selling Price in Irvine

  • November 2010: $562,000 (down 3.44% y-o-y)
  • October 2010: $522,500 (down 9.91% y-o-y)
  • September 2010: $625,000 (up 16.93% y-o-y)
    Redfin’s numbers: $575,000 (no change y-o-y) or $336/SF (down 2.0% y-o-y)
  • August 2010: $580,000 (up 1.9% y-o-y)
    Redfin’s numbers: $600,000  (up 4.3% y-o-y) or $344/SF (up 3.3% y-o-y)
  • July 2010: $580,000 (up 6.62% y-o-y)
    Redfin’s numbers: $570,000 (up 5.1% y-o-y) or $339/SF (up 1.2% y-o-y)


Graphs Courtesy Redfin

The Orange County Housing Numbers Update

Up today are the housing numbers for all of Orange County. This includes the combined numbers for all 34 cities included in the County of Orange, CA. Unless otherwise noted, the stats are provide by DQNews.

Orange County Median House Prices

Orange County Median House Price

Median Selling Price in Orange County

  • October 2010: $430,000 (down 0.41% y-o-y)
  • September 2010: $440,000 (up 2.8% y-o-y)
    Redfin’s numbers:$435,000 (up 2.1% y-o-y) or $274/SF (down 1.6% y-o-y)
  • August 2010: $439,000 (up 3.29% y-o-y)
    Redfin’s numbers:$429,000 (up 2.1% y-o-y) or $275/SF (up 0.5% y-o-y)
  • July 2010: $449,000 (up 6.90% y-o-y)
    Redfin’’s numbers: $440,000  (up 7.3% y-o-y) or $276/SF (up 2.2% y-o-y)
Orange County Median Condo Price

Orange County Median Condo Price

Number of Sales in Orange County

  • October 2010: 2,199
  • September 2010: 2,443
    Redfin’s  numbers: houses=1,624 (down 10.4%), condos=844 (down 7.3%)
  • August 2010: 2,378
    Redfin’s  numbers: houses=1,586 (down 11.4%), condos=837 (down 8.4%)
  • July 2010: 2,479

Graphs Courtesy Redfin

The Costa Mesa Housing Numbers Update

Up today are the Costa Mesa housing numbers. This includes all areas of  Costa Mesa: Eastside, Westside, Central, Southwest, South Coast Metro, Mesa Verde. Unless otherwise noted, the stats are provide by DQNews.

cm-median_house_sq_ft_by_time

Median Sold Price/SF–Houses

Median Selling Price in Costa Mesa

  • October 2010: $495,000 (down 5.58% y-o-y)
  • September 2010: $477,500 (down 1.55% y-o-y)
  • August 2010: $462,000 (down12.00% y-o-y)
    Redfin’s numbers: $482,000  (up 1.4% y-o-y) or $304/SF (up 4.4% y-o-y)
  • July 2010: $505,000 (up 0.3% y-o-y)
    Redfin’s numbers: $485,000  (down 4.9% y-o-y) or $318/SF (up 4.4% y-o-y)
cm-median_condo_sq_ft_by_time

Median Sold Price/SF–Condos

Number of Sales in Costa Mesa

  • October 2010: 45
  • September 2010: 66
  • August 2010: 49
    Redfin’s numbers: houses=41 (down 34.9% y-o-y), condos=29 (up 7.4% y-o-y)
  • July 2010: 59
    Redfin’s numbers: houses sold=49, condos sold=26

Graphs Courtesy Redfin

The Irvine Housing Numbers Update

Up today is an update of the Irvine housing numbers. This includes all the Irvine neighborhoods (or villages as they are called in Irvine): Northpark, West Irvine, Northwood, Portola Springs, Woodbury, El Camino, Walnut, Columbus Grove, University Park, University Town Center, Orange Tree, Oak Creek, Westpark, the IBC (airport area), San Joaquin, Shady Canyon, Turtle Ridge, Turtle Rock and Quail Hill.

irvine-median_house_sq_ft_by_time

Irvine Median Sold Price/SF-Houses

Median Selling Price in Irvine

  • October 2010: $522,000 (down 9.91% y-o-y)
  • September 2010: $625,000 (up 16.93% y-o-y)
  • August 2010: $580,000 (up 1.9% y-o-y)
    Redfin’s August 2010 numbers: $600,000  (up 4.3% y-o-y) or $344/SF (up 3.3% y-o-y)
  • July 2010: $580,000 (up 6.62% y-o-y)
    Redfin’s July 2010 numbers: $570,000  (up 5.1% y-o-y) or $339/SF (up 1.2% y-o-y)

irvine-median_condo_sq_ft_by_time

Irvine Median Sold Price/SF-Condos

Number of Sales in Irvine

  • October 2010: 174
  • September 2010: 222
  • August 2010: 229
    Redfin’s numbers: houses sold=113, condos sold=102
  • July 2010: 226
    Redfin’s numbers: houses sold=106, condos sold=112

Source unless otherwise noted: DQnews

Graphs Courtesy Redfin

The Orange County Housing Report

Up today are the housing numbers for all of Orange County. This includes the combined numbers for all 34 cities included in the County of Orange, CA. Unless otherwise noted, the stats are provide by DQnews.

Orange County Median House Prices

Orange County Median Sold Price/SF-Houses

Median Selling Price in Orange County, CA

  • September 2010: $440,000 (up 2.8% y-o-y)
  • August 2010: $439,000 (up 3.29% y-o-y)
  • July 2010: $449,000 (up 6.90% y-o-y)

Note: Redfin’s August numbers:$429,000 (up 2.1% y-o-y) or $275/SF (up 0.5% y-o-y); Redfin’’s July numbers: $440,000  (up 7.3% y-o-y) or $276/SF (up 2.2% y-o-y)

Orange County Median Condo Price

Orange County Median Sold Price/SF-Condos

Number of Sales in Orange County, CA

  • September 2010: 2,443
  • August 2010: 2,378
  • July 2010: 2,479

Note: Redfin’s August numbers: houses=1586 (down 11.4%), condos=837 (down 7.3%)

Graphs Courtesy Redfin

The Costa Mesa Housing Report

Up today are the Costa Mesa housing numbers. This includes all areas of  Costa Mesa: Eastside, Westside, Central, Southwest, South Coast Metro, Mesa Verde.

Costa Mesa Median Sold Price/SF--Houses

Median Sold Price/SF--Houses

Median Selling Price in Costa Mesa

  • September 2010: $477,500 (down 1.55% y-o-y)
  • August 2010: $462,000 (down12.00% y-o-y)
  • July 2010: $505,000 (down 1.94% y-o-y)
    Redfin’s JuLy 2010 numbers: $485,000  (down 4.9% y-o-y) or $318/SF (up 4.4% y-o-y)

Costa Mesa Median Sold Price/SF--Condos

Median Sold Price/SF--Condos

Number of Sales in Costa Mesa

  • September 2010: 66
  • August 2010: 49
  • July 2010: 59
    Redfin’s numbers: houses sold=49, condos sold=26

Source unless otherwise noted: DQnews

Graphs Courtesy Redfin

The Irvine Housing Report: The 92603 ZIP (Shady Canyon, Turtle Ridge, Turtle Rock, Quail Hill)

44 Blue Heron (Shady Canyon)

44 Blue Heron (Shady Canyon)

Up today is Irvine’s 92603 ZIP housing numbers. This ZIP includes the Shady Canyon, Turtle Ridge, Turtle Rock and Quail Hill neighborhoods.

14 Vernal Spring (Shady Canyon)

14 Vernal Spring (Shady Canyon)

Most of the highest priced home in Irvine are in this ZIP’s Shady Canyon neighborhood. The most expensive home in Shady Canyon is a 13,500 square foot home located at 44 Blue Heron ($18.950,000 or $1,404/SF); the least expensive home in Shady Canyon is a 4,097 square foot home located at 14 Vernal Spring ($2.499,000 or $610/SF). The least expensive home in all of the 92603 ZIP is an 822 square foot condo located at 133 Danbrook in the Quail Hill neighborhood ($300,000 or $365/SF).

92603 Median Selling Price

  • August 2010: $949,500 (up 32.4% y-o-y)
  • July 2010: $860,000 (up 21.6% y-o-y)
  • June 2010: $990,000 (up 21.5% y-o-y)
    Redfin’s June 2010 numbers: $990,000  (up 15.8% y-o-y) or $438/SF (up 6.6% y-o-y).
  • May 2010: $1,010,000 (up 32.9% y-o-y)
  • April 2010: $1,420,000 (up 82.1% y-o-y)
  • March 2010: $847,500 (up 48.68% y-o-y)

92603 Number of Sales

  • August 2010: 25 (down 19.4%)
  • July 2010: 23 (down 4.2% y-o-y)
  • June 2010: 42 (up 23.5% y-o-y)
  • May 2010: 31 (down 3.1% y-o-y)
  • April 2010: 23  (down 14.5% y-o-y)
  • March 2010: 34 (up 70.0% y-o-y)

Source unless otherwise noted: DQnews

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

The Irvine Housing Report: The 92606 ZIP (Westpark and Walnut)

Up today is Irvine’s 92606 ZIP housing numbers. This ZIP includes the Westpark and Walnut neighborhoods. The photos are of 59 Del Cambrea, a three-bedroom, single-family home in Westpark, and 39 Royal Victoria, a four-bedroom condo in Walnut. Both have HOA fees and Mello Roos taxes, and both are priced near the overall median for homes in this ZIP. However, the price per square foot is considerably cheaper for the Royal Victoria home ($309/SF) than for the Del Cambrea home ($441/SF).

92606 Median Selling Price:

  • Ju;u 2010: $584,000 (up 9.5% y-o-y)
  • June 2010: $457,000 (down 25.4% y-o-y)
  • May 2010: $408,000 (down 16.7% y-o-y)
    For comparison: Redfn’s May median numbers are $457,000 (down 30% y-o-y) or $347/SF (up 1.5% y-o-y)
  • April 2010: $498,000 (down 20.3% y-o-y)
  • March 2010: $613,000 (up 12.07% y-o-y)

92606 Number of Sales:

  • July 2010: 14 (down 22.2% y-o-y)
  • June 2010: 17 (up 6.3% y-o-y)
  • May 2010: 21 (up 40.0% y-o-y)
  • April 2010: 12 (up 33.3% y-o-y)
  • March 2010: 15 (up 25.00% y-o-y)

Source unless otherwise noted: DQNews