June 2012 Archives » Irvine Housing News

Is it a good time to buy in the Irvine housing market? 6-30-2012

Jun 302012

The OC Housing News profiles properties for sale each day and presents current market data on each city in Orange County. If you really want to know what’s happening in the OC Housing market, you need to read the OC Housing news and subscribe to the our monthly newsletter. 7 ALDEA Irvine, CA 92620 — $859,900 $949,900 8 BRENA 0.17 miles 6 bd / 4 ba 2,955 Sq. Ft. $980,000 2 BERRYWOOD Ln 0.33 miles 5 bd / 2.75 ba 2,586 Sq. Ft. $999,999 3 FOXCREST 0.34 miles 4 bd / 2.5 ba 2,700 Sq. Ft. $925,000 78 DOVECREST 0.35 miles 5 bd / 3.5 ba 2,996 Sq. Ft. $828,800 29 DINUBA 0.44 miles 3 bd / 3 ba 2,265 [Read More...]

Woodbridge prices bottoming out for now

Jun 292012

Irvine: Woodbridge Overview Median home price is $390,000. Based on a rental parity value of $574,000, this market is under valued. Monthly payment affordability has been improving over the last 12 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis increased from $297/SF to $299/SF. Resale prices have been falling for 12 month(s). Price momentum suggests falling prices over the next three months. Median rental rates increased $58 last month from $2,325 to $2,383. Rents have been rising for 12 month(s). Price momentum suggests rising rents over the next three months. Market rating = 9 Proprietary Irvine Housing News home purchase analysis 28 PINEWOOD #55 Irvine, CA 92604 $695,500 …….. Asking Price $314,000 ………. Purchase Price 1/29/1992 ………. [Read More...]

Turtle Ridge prices are volatile

Jun 282012

Irvine: Turtle Ridge Overview Median home price is $701,000. Based on a rental parity value of $653,000, this market is fairly valued. Monthly payment affordability has been improving over the last 4 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis increased from $437/SF to $437/SF. Resale prices have been falling for 3 month(s). Price momentum suggests unchanging prices over the next three months. Median rental rates declined $300 last month from $3,008 to $2,708. Rents have been falling for 6 month(s). Price momentum suggests falling rents over the next three months. Market rating = 3 Proprietary Irvine Housing News home purchase analysis 29 VILLAGE Way Irvine, CA 92603 $2,450,000 …….. Asking Price $2,066,500 ………. Purchase Price 10/29/2004 [Read More...]

Northpark prices showing signs of stabilization

Jun 272012

Irvine: Northpark Overview Median home price is $534,000. Based on a rental parity value of $624,000, this market is under valued. Monthly payment affordability has been improving over the last 2 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis increased from $293/SF to $294/SF. Resale prices have been falling for 12 month(s). Price momentum suggests falling prices over the next three months. Median rental rates increased $83 last month from $2,506 to $2,590. Rents have been rising for 12 month(s). Price momentum suggests rising rents over the next three months. Market rating = 6 Proprietary Irvine Housing News home purchase analysis 30 PACIFIC Grv Irvine, CA 92602 $1,338,000 …….. Asking Price $990,000 ………. Purchase Price 6/15/2003 ………. [Read More...]

Turtle Rock’s overvalued prices rising again

Jun 262012

Irvine: Turtle Rock Overview Median home price is $1,058,000. Based on a rental parity value of $628,000, this market is over valued. Monthly payment affordability has been worsening over the last 4 month(s). Momentum suggests worsening affordability. Resale prices on a $/SF basis increased from $437/SF to $450/SF. Resale prices have been weak for 2 month(s). Price momentum suggests unchanging prices over the next three months. Median rental rates declined $91 last month from $2,700 to $2,608. Rents have been rising for 6 month(s). Price momentum suggests rising rents over the next three months. Market rating = 1 Proprietary Irvine Housing News home purchase analysis 29 RAINBOW Fls Irvine, CA 92603 $650,000 …….. Asking Price $290,000 ………. Purchase Price 9/11/1998 [Read More...]

Oak Creek prices still falling sharply

Jun 252012

Irvine: Oak Creek Overview Median home price is $466,000. Based on a rental parity value of $536,000, this market is under valued. Monthly payment affordability has been improving over the last 1 month(s). Momentum suggests unchanging affordability. Resale prices on a $/SF basis declined from $314/SF to $310/SF. Resale prices have been falling for 12 month(s). Price momentum suggests falling prices over the next three months. Median rental rates declined $9 last month from $2,233 to $2,224. Rents have been rising for 12 month(s). Price momentum suggests rising rents over the next three months. Market rating = 5 Proprietary Irvine Housing News home purchase analysis 19 ASHFORD Irvine, CA 92618 $998,000 …….. Asking Price $466,000 ………. Purchase Price 6/11/1999 ………. [Read More...]

Is it a good time to buy in the Irvine housing market? 6-23-2012

Jun 232012

The OC Housing News profiles properties for sale each day and presents current market data on each city in Orange County. If you really want to know what’s happening in the OC Housing market, you need to read the OC Housing news and subscribe to the our monthly newsletter. 260 MONROE #52 Irvine, CA 92620 — $385,000 $339,800 10 MONROE #27 0 miles 2 bd / 2 ba 984 Sq. Ft. $385,000 24 ERICSON AISLE 0.68 miles 2 bd / 2 ba 1,279 Sq. Ft. $230,000 27 GOLDEN GLEN St #68 0.83 miles 2 bd / 1.25 ba 864 Sq. Ft. $429,000 15 CABAZON #21 0.87 miles 2 bd / 2 ba 1,400 Sq. Ft. $299,900 81 GOLDEN Gln #1 [Read More...]

Northwood prices flattening out

Jun 222012

Irvine: Northwood Overview Median home price is $506,000. Based on a rental parity value of $572,000, this market is under valued. Monthly payment affordability has been improving over the last 10 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis declined from $300/SF to $297/SF. Resale prices have been falling for 12 month(s). Price momentum suggests falling prices over the next three months. Median rental rates increased $25 last month from $2,350 to $2,375. Rents have been rising for 8 month(s). Price momentum suggests rising rents over the next three months. Market rating = 6 Proprietary Irvine Housing News home purchase analysis 13742 ONKAYHA Cir Irvine, CA 92620 $649,800 …….. Asking Price $277,000 ………. Purchase Price 9/3/1997 ………. [Read More...]

University Park prices still falling sharply

Jun 212012

Irvine: University Park Overview Median home price is $467,000. Based on a rental parity value of $562,000, this market is under valued. Monthly payment affordability has been worsening over the last 3 month(s). Momentum suggests worsening affordability. Resale prices on a $/SF basis declined from $300/SF to $297/SF. Resale prices have been falling for 12 month(s). Price momentum suggests falling prices over the next three months. Median rental rates increased $33 last month from $2,300 to $2,333. Rents have been rising for 12 month(s). Price momentum suggests rising rents over the next three months. Market rating = 7 Proprietary Irvine Housing News home purchase analysis 4822 ROYCE Rd Irvine, CA 92612 $699,000 …….. Asking Price $735,000 ………. Purchase Price 3/2/2005 [Read More...]

El Camino Real struggles to find a bottom

Jun 202012

Irvine: El Camino Real Overview Median home price is $436,000. Based on a rental parity value of $526,000, this market is under valued. Monthly payment affordability has been improving over the last 10 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis increased from $287/SF to $289/SF. Resale prices have been falling for 12 month(s). Price momentum suggests falling prices over the next three months. Median rental rates declined $8 last month from $2,190 to $2,182. Rents have been rising for 10 month(s). Price momentum suggests rising rents over the next three months. Market rating = 7 Proprietary Irvine Housing News home purchase analysis 4842 LORI ANN Ln Irvine, CA 92604 $699,900 …….. Asking Price $540,000 ………. Purchase [Read More...]

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