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 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 Irvine Housing Report

Up today are 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 neighborhoods.

Irvine Median House Prices/SF

Irvine Median Price/SF--Houses

Median Selling Price in Irvine

  • September 2010: $625,000 (up 16.93% y-o-y)
  • August 2010: $580,000 (up 1.9% 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 Price/SF

Irvine Median Sold Price/SF--Condos

Number of Sales in Irvine

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

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

DataQuick Housing Numbers for Irvine’s 92603 ZIP: Shady Canyon, Turtle Ridge, Turtle Rock, Quail Hill

32-tall-hedge-turtle-ridgeToday is a continuation of our survey of DataQuick’s housing numbers for Irvine broken down by ZIP. Up today is the 92603 ZIP, which includes Shady Canyon, Turtle Ridge, Turtle Rock, and Quail Hill. The DataQuick numbers are for single-family residences, condos, and new homes.

The photo is of 32 Tall Hedge, which is a Turtle Ridge home that is priced near the median selling price of homes in the 92603 ZIP.

Median Selling Price

  • April 2010: $1,420,000 (up 82.1%  y-o-y)
  • March 2010: $847,500 (up 48.68% y-o-y)

Number of Sales

  • April 2010: 23 (down 14.8% y-o-y)
  • March 2010: 34 (up 70.00% y-o-y)

Note: Up next is the 92604 ZIP, which includes the upper Woodbridge and El Camino areas.

The 411 on Housing Prices in Irvine’s 92603: Shady Canyon, Turtle Ridge, Turtle Rock, Quail Hill

17 Alejo #60, Irvine (Turtle Rock)

17 Alejo #60, Irvine (Turtle Rock)

Recently, I posted the January 2010 price per square foot information for Irvine’s 92602 ZIP (West Irvine and Northpark). Following is the January 2010 price per square foot, courtesy Redfn, for Irvine’s 92603 ZIP.

I provided the price per square numbers for  houses and condos in the 92603 ZIP, as well as the combined number (houses and condos). Two example of housing is this ZIP are 17 Alejo #60, Irvine in Turtle Rock and 53 Boulder View, Irvine in Shady Canyon.

53 Boulder View, Irvine (Shady Canyon)

53 Boulder View, Irvine (Shady Canyon)

92603 Median Price per Square Foot–January 2010 (Shady Canyon, Turtle Ridge, Turtle Rock, Quail Hill)

  • house-$476 (up 6.7% from January 2009)
  • condo-$327 (down 10.7 % from January 2009)
  • both-$398 (down 0.4% from January 2009)

I will provide the price per square foot information for other Irvine’s ZIP codes in upcoming posts.

Irvine Housing Stats by ZIP: Shady Canyon, El Camino, Woodbridge Neighborhoods Showing Signs of Stress

foreclosures-oc-register-july2009Following are some housing market numbers for Irvine. The 92603, 92604 and 92614 ZIPs are particularly interesting.

Note that the 92603 July asking price of $582 per square foot seems particularly unrealistic considering that the July selling price for the 92603 ZIP was $374 per square foot. The 92603 ZIP includes some of the most expensive homes in Irvine, including Irvine’s most expensive neighborhood, Shady Canyon. Other neighborhoods in Irvine’s 92603 include Quail Hill, Turtle Rock, and Turtle Ridge.

You might also want to pay special attention to the Woodbridge ZIPs: 92604 and 92614. As reported in the The Orange County Register, the increase in the percentage of Woodbridge foreclosures are some of the  highest in Orange County, especially in the 92604 ZIP. The 92604 ZIP includes the upper part of the Woodbridge neighborhood as well as the  El Camino neighborhood (See the map.)

According to DataQuick, Irvine’s July 2009 housing numbers by ZIP are as follows: ZIP/Median Selling Price/% change in price from previous month/# of homes sold/% change in number sold from previous month (DQNews).

Irvine 92602 $713,000 9.7% 23 -4.2%
Irvine 92603 $695,750 -6.4% 24 -40.0%
Irvine 92604 $520,000 -8.4% 24 14.3%
Irvine 92606 $533,500 -26.0% 18 38.5%
Irvine 92612 $430,000 -5.2% 32 -8.6%
Irvine 92614 $459,000 -19.5% 21 90.9%
Irvine 92618 $532,500 14.5% 24 9.1%
Irvine 92620 $625,000 -1.4% 52 15.6%

Tomorrow: Irvine detached and condo stats