Sweet Orange

Today is a continuation of our survey of DataQuick’s housing numbers for Irvine broken down by ZIP. Up today is the 92604 ZIP, which includes El Camino and upper Woodbridge. The DataQuick numbers are for single-family residences, condos, and new homes.

Median Selling Price for 92604 homes (Source: DataQuick)

• April 2010: $587,000 (up 17.4% y-o-y)
• March 2010:$525,000 (up 3.96% y-o-y)

Number of Sales in 92604 (Source:DataQuick)

• April 2010: 35 (up 191.7% y-o-y)
• March 2010: 36 (up 89.47% y-o-y)

The photo is of 14722 Bel Aire Street. This home, which is located in Irvine’s El Canimo area and is currently listed at $575,000, is priced near the median selling price of homes in the 92604 ZIP.

Appraisals for 14722 Bel Aire Street: Low/Medium/High (Source: Redfin)

• Zillow: $515,310/$579,000/$631,110
• Eppraisal:$467,587/$550,103/$632,618
• Cyberhomes: $517,323/$574,804/$661,024

Up next: the 92614 ZIP, which includes lower Woodbridge and part of  the Westpark neighborhoods

Here is an example of a home that sold for more than the list price. This home, which is in Irvine’s El Camino neighborhood, was listed on August 12, 2009, for $415,000, delisted on August 19, then relisted on September 8 for $415,000. This El Camino condo sold on 10/19/2009 for $437,500, approximately $22,000 more than the asking price.

8 Pierre Irvine, CA 92604 (El Camino neighborhood)

• 3 beds/2 baths
• 1223 SF
• Condo built in 1977
• HOA: $175
• Asking price: $415,000 ($339/SF)
• Selling price: $437,500 ($358/SF)

Current estimates for this home:

• Cyberhomes: $406,828.
• Eappraisal: $362,930
• Zillow: $438,000.