Irvine Stats-Irvine World News

[IrvineCommuter_IHB]

Hi guys,

I know that it'll probably be addressed in the blog but I was wondering what people think about the figures released by the IWN for the real estate traffic in Irvine.

92602: Median price: $751.500 (+0.9% from 2006); Sales Volume: 24 (-31.6% change from 2006)

92603: MP: $981,250 (7.4%); SV: 36 (-26.0%)

92604: MP: $628,750 (-3.8%); SV: 21 (-22.2%)

92606: MP: $606,250 (-21.8%); SV: 31 (210.0%)

92612: MP: $855,000 (46.2%); SV: 46 (130.0%)

92614: MP: $555,000 (3.3%); SV: 21 (-30.0%)

92618: MP: $804,500 (69.4%); SV (38.5%)

92620: MP: $750,000 (-20.2%); SV (-42.3%)

Everything looks about right except for 92612 and 92618 (not sure where they are). Interesting figures at 92620 (woodbury) though.

 

[IrvineRenter_IHB]

This will be the subject of Sunday's post.

That is a huge rally in 92612 and 92618. Of course 92606 is getting killed on large volume...

 

[EvaLSeraphim_IHB]

92618 is VOC.

92612 is the Jamboree Corridor.

 

[IrvineCommuter_IHB]

I guess I can see why VOC went up, more and probably bigger houses available.

Jamboree corridor? Is that like Northpark Square?

 

[EvaLSeraphim_IHB]

Think Avenue One, etc.

 

[IrvineRenter_IHB]

92618 is Oak Creek. Does it also cover VOC?

 

[noshellsnail_IHB]

92618 is Oak Creek.

92612 is Quail Hill.

Jamboree/405 area is 92614.

 

[IrvineCommuter_IHB]

Okay, I am completely confused

 

[marty mcfly_IHB]

Methinks Quail Hill is 92603.

 

[EvaLSeraphim_IHB]

Whoops! I confused the bases on the map. Here's the site for the zip boundaries that I used. It does show 92612 as the Jamboree Corridor, though.

 

[Mendelssohn_IHB]

University Park (around UCI and south of 405) and Jamboree condo buildings, 92612.

Turtle Rock, Quail Hill, Shady Canyon or Turtle Ridge, all 92603

West Park I (between 405 and Barranca), 92614

New West Park (North of Barranca), College Park, and Village of Columbus b/t Warner and Barranca, 92606

Deerfield, Ranch, El Camino Real, Green Tree and Woodbridge North, 92604.

Woodbridge South, 92614

Northwood and Woodbury, 92620

Oak Creek and Orangetree, 92618

North Park and West Irvine, 92602

 

[IrvineCommuter_IHB]

Thanks Mendel,

so what's up with Oak Creek/Orangetree? People are buying old areas to avoid mello roos?

 

[biscuitninja_IHB]

Commuter,

Could be, I know i'd hate to be paying mello roos on an expensive depreciating asset.

-bix

 

[momopi_IHB]

Oak Creek has mello roose... can anyone confirm if Orangetree has mello roose or ?

 

[Mendelssohn_IHB]

Orange Tree houses were completed b/t late 1970s and early 1980s, no Mello Roos.

 

[OakCreekRenter_IHB]

92618 is also Portola Springs...could this have an impact, as PS wasn't selling last year at this time (I think...)

-OCR