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:

  • 39 Royal Victoria, Irvine (Walnut)

    39 Royal Victoria, Irvine (Walnut)

    July 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:

  • 59 Del Cambrea, Irvine (Westpark)

    59 Del Cambrea, Irvine (Westpark)

    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

Housing Stats for Irvine’s Crossroad District: Pricing, Inventory & More

The Crossroads district, one of Irvine’s three geopolicing areas, contains the following Irvine neighborhoods, or as they are called in Irvine, villages:

  • Woodbridge
    crossroads_sm1

    Irvine's Crossroad Geopolicing District

  • Westpark (includes Westpark I and Westpark II)
  • El Camino (includes Deerfield, The Ranch, The Colony, Irvine Groves, Heritage Park, Greentree, The Willows, Smoketree, and El Camino Glen) 
  • Walnut (includes College Park, Harvard Square, Windwood, and  Walnut Village)
  • Columbus Groves

To see pricing and inventory information for these Irvine villages, click on the links provided above. This will bring you to Redfin’s Community Overview Page for that village (You can also enter zip codes, city names or neighborhood names in the Search box at the top, left of the Redfin page).

In addition to pricing and inventory information, the Community Overview Page provides the follow information: new listings, open houses, recently sold homes, most expensive listings, least expensive listings, and listings with recent price reductions. Community and school information for these villages is also available.

Note: For a link to Irvine’s webpage that provides information on the help available to residents, see Irvine’s Community Outreach and Education page.