Today, we’ll take a look at Shady Canyon, which is at the other end of the Irvine housing market. Shady Canyon is the most expensive Irvine neighborhood and, as you might expect, contains detached homes only. According to Redfin, the current median list price for a home in Shady Canyon is $727 per square foot.

Following are some stats on Shady Canyon homes that sold in the last three months. A look at previous selling price and price reductions in Shady Canyon show that even the most expensive areas are affected by the housing market downturn.

12 Prairie Grass: 3 bedrooms/4 baths, 40977 SF, built in 2003

• sold for $2,500,000 on May 18, 2009
• listed in August 2008, numerous price reductions
• sold for $3,200,000 on May 3, 2006

For more pictures of 12 Prairie Grass, click here.

94 Canyon Creek: 5 bedrooms/7 baths, 8057 SF, built in 2008

• sold for $4,300,000 on April 16, 2009
• listed in January 2009, numerous price reductions
• at one time listed for $4,750,000

For more pictures of 94 Canyon Creek, click here.

59 Boulder: 5 bedrooms/6 baths, 6853 SF, built in 2007

• sold for $4,125,000 on June 5, 2009
• listed in February 2008, numerous price reductions
• at one time listed for $4,895,000

For more pictures of 59 Boulder Creek, click here.

For a look at more Irvine Shady Canyon numbers, see “Irvine’s Most Expensive Neighborhood, Shady Canyon: Housing Number Stats.”