Irvine: Northwood Overview Median home price is $468,000. Based on a rental parity value of $576,000, this market is fairly valued. Monthly payment affordability has been improving over the last 7 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis declined from $302/SF to $290/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 $2,400 to $2,433. Rents have been rising for 7 month(s). Price momentum suggests rising rents over the next three months. Market rating = 5 Proprietary Irvine Housing News home purchase analysis 54 NIGHT BLOOM Irvine, CA 92602 $535,900 …….. Asking Price $370,000 ………. Purchase Price 4/27/2007 ………. [Read More...]
