Date Sold	Address	Zip	Tract	Sold Price	Beds	Sq Ft
Airport Area
8/24/12	2117 Watermarke PL	92612	Watermarke	$245,000	1	635
8/26/12	3120 Scholarship	92612	3000 The Plaza	$1,525,000	2	2390
El Camino Real
8/24/12	11 Sunridge	92604	Deerfield Patio	$550,000	3	1350
8/24/12	17 Woodrush	92604	Deerfield Patio	$415,000	3	1350
8/24/12	12 Snowberry	92605	Deerfield Townhomes	$415,000	3	1550
8/25/12	5011 Yearling Ave	92604	El Camino Glen	$610,000	4	1943
8/28/12	12 Helena 76	92604	other	$430,000	3	1639
Northpark
8/23/12	36 Leucadia 68	92602	Monticello	$343,000	2	1436
Northwood
8/24/12	95 Shadywood 18	92620	Arden Square	$630,000	3	1800
8/24/12	215 Springview	92620	other	$185,000	1	639
8/25/12	34 Van Buren 294	92620	Horizon	$310,000	2	981
8/26/12	12 Camellia	92620	Arbor Crest	$1,068,000	4	3150
8/27/12	24 Blakeley	92620	Greenfield	$870,000	4	2527
8/29/12	16 Bragg	92620	Shadow Run	$710,000	4	1897
8/29/12	30 Christamon West	92620	Park Place	$660,000	3	1702
Oak Creek
8/26/12	20 Danbury Ln	92618	Cobblestone	$529,000	3	1350
8/27/12	32 redberry	92618	Cypress	$736,000	4	2050
8/28/12	94 Millbrook	92618	Kelsey Lane	$680,000	3	2079
Orangetree
8/23/12	293 Tarocco	92618	Unknown	$257,000	2	995
Portola Springs
8/27/12	48 Land Grant	92618	Other	$675,000	4	2077
Quail Hill
8/24/12	75 Canopy	92603	Laurel Quail Hill	$725,000	4	2057
8/29/12	127 Tall Oak	92603	Ivy Wreath	$640,000	3	1800
Rancho San Joaquin
8/24/12	82 NAVARRE	92612	RSJ Villas	$350,000	2	1263
8/28/12	15 Verde	92612	RSJ Townhomes	$465,000	2	1507
Turtle Ridge
8/24/12	35 Cezanne	92603	Chaumont	$2,250,000	5	4021
Turtle Rock
8/24/12	6246 Sierra Palos Rd	92603	Broadmoor	$800,000	3	1549
8/24/12	5951 Sierra Bravo	92603	Broadmoor	$928,888	4	2033
8/28/12	8 Sunrise	92603	Ridge – Irvine Pacific	$935,000	3	2000
University Park
8/24/12	7 Teakwood	92612	Parkside – Deane	$685,000	3	1670
West Irvine
8/23/12	35 Granada	92602	Barrington	$790,000	4	2478
8/24/12	63 Briar Ln	92602	Other	$811,000	5	2900
8/24/12	12 Ardmore	92602	Sheridan Place	$500,000	3	1570
8/24/12	11 Red Coat Pl	92602	Liberty	$689,000	4	2000
8/27/12	17 Proclamation Way	92602	Heritage	$735,000	5	2300
8/29/12	5 Bowie Place	92602	Liberty	$585,000	4	1755
Westpark
8/24/12	32 Belcanto	92614	Promenade	$780,000	4	2340
8/29/12	51 Abrazo Aisle 169	92614	Tiempo	$271,000	1	899
8/29/12	179 Alicante Aisle #235	92614	Other	$355,699	2
Woodbridge
8/23/12	59 Claret	92614	Chateaux	$490,000	2	1600
8/23/12	409 E Yale Loop 16	92614	Garden Estates	$400,699	2	1749
8/24/12	12 Lone Pine	92604	Townhomes	$530,000	3	1490
8/27/12	78 Greenmoor 39	92614	Stonegate	$270,000	2	978
8/29/12	1 Springflower 144	92614	Seasons	$519,000	3	1471
Woodbury
8/23/12	213 Great Lawn	92620	Cortile	$450,000	3	1497
8/24/12	198 Guinevere	92620	Garland Park	$399,900	2	1355
8/29/12	120 Blaze	92618	Santa Cruz	$709,000	4	2283

Discuss on Talk Irvine.

Today we’ll take a look at Irvine’s Northwood neighborhood. First, the numbers:

Northwood—July 2012:

Area	List Price/ # Homes Listed	Sold Price/ #Homes Sold	Median List/SF	Median Sold/SF	% Chg Y-O-Y Sold Price/SF
Houses	$820K/34	$730K/18	$343	$343	7.5%
Condos	$232K/18	$396K/2	$276	$324	19.1%
All Northwood	$727K/52	$650K/22	$323	$340	9%
All Irvine	$744K/408	$545K/211	$363	$322	-0.3%

The following graphs show the change in the number of Northwood homes on the market, the price per square foot of Northwood houses, and the price per square foot of Northwood condos, respectively.

To give more meaning to these numbers and graphs, I am listing some homes that are near the bottom, top, and middle of the price range for homes in the Northwood real estate market.

123 Streamwood

Note: This home is one of the least expensive homes in Northwood that is not “sale pending” or a manufactured home.

Condo built in 1977

• Beds/Baths: 1/1

• HOA Dues: $250/month

• Mello Roos Tax: No

• Price: $210,000/$289 per square foot

37 New Dawn

Note: This home is located near Hicks Canyon Trail.

• Single-family built in 1999

• Beds/Baths: 5/5.5

• HOA Dues: $40/month and $110/month

• Mello Roos Tax: Yes

• Price: $2,499,999/$521 per square foot

19 Colonial

Note: This home is “sale pending, back up offers accepted”.

• Single-family built in 1977

• Beds/Baths: 3/2

• HOA Dues: Yes, but amount is not listed.

• Mello Roos Tax: No

• Price: $664,800/$353 per square foot

Source: Redfin

Discuss below or on Talk Irvine.

Date Sold	Address	Zip	Tract	Sold Price	Beds	Sq Ft
Airport Area
8/16/12	99 Lennox	92612	Chelsea	$740,000	3	1702
El Camino Real
8/16/12	14581 Highcrest CIR	92604	EL CAMINO REAL	$588,000	4	1700
8/17/12	27 Golden Glen St 68	92604	Walnut Square	$242,000	2	864
8/21/12	15305 Cherbourg Ave	92604	Other	$520,000	3	1423
Northpark
8/16/12	8 hallwood	92602	Santa Venetia	$835,000	4	2265
8/17/12	11 Upland	92602	Miramar	$885,000	4	2671
8/22/12	65 Olivehurst	92602	Auburn	$380,000	2
Northwood
8/17/12	161 Streamwood	92620	Irvine Springs	$210,000	2	808
8/17/12	8 Brena	92620	Woodside	$925,000	6	2955
8/17/12	40 Parkcrest	92620	Bainbridge	$940,000	4	2500
8/17/12	73 Trailwood	92620	Fairmont	$1,140,000	5	3156
8/20/12	19 Jefferson	92620	Courtside	$590,000	4	2146
8/20/12	8 Champlain	92620	Woodcrest	$800,000	4	2718
8/20/12	11 Ramada	92620	Canyon Creek	$830,000	4	3000
8/21/12	6 Brisa	92620	Amberwood (N.W.)	$564,900	3	1377
8/21/12	1206 Timberwood 0	92620	Collage	$535,000	3	1625
8/22/12	5 Bellezza	92620	Woodside	$800,000	4	2392
Orangetree
8/20/12	37 Tarocco	92618	Orchard Glen OT	$228,000	2	997
Quail Hill
8/16/12	29 Momento	92603	Vicara	$1,670,000	4	4171
8/21/12	47 DUET	92603	Ambridge	$435,000	2	1447
Rancho San Joaquin
8/17/12	76 Navarre 106	92612	RSJ Villas	$460,000	2	1493
Turtle Ridge
8/21/12	68 Greenhouse	92603	Chantory	$705,000	3	1495
Turtle Rock
8/16/12	93 Canyon Crk	92603	Shady Canyon Custom	$3,448,000	5	8300
8/21/12	10 Los Gatos 15	92612	Pointe – Turtle Rock	$830,000	3	2104
University Park
8/16/12	34 Acacia Tree Ln	92612	Village III (Village Park)	$510,000	3	1560
8/16/12	1 Cypress Tree Lane	92612		$445,000	3	1714
8/17/12	75 Acacia Tree Ln	92612	Village III (Village Park)	$575,000	3	2050
8/21/12	12 Redwood Tree Ln	92612	Village III (Village Park)	$529,000	3	1560
University Town Center
8/20/12	83 S Exeter 42	92612	Columbia Square	$404,000	2	1200
Walnut
8/21/12	36 Nebraska	92606	Revere	$580,000	3	1723
8/21/12	3932 ACACIA	92606	College Park	$570,000	3	1420
8/22/12	4512 Wyngate Cir	92604	0	$425,000	3	1200
Westpark
8/16/12	35 Alexandria	92614	Tierra	$585,000	3	1560
8/17/12	22 Aprilla	92614	Tierra	$740,000	4	2068
8/17/12	34 Water Lily	92606	Custom	$816,000	4	2800
8/20/12	25 Alcoba	92614	Las Palmas	$440,000	3	1610
Woodbridge
8/16/12	3 Fernbank 56	92604	Townhomes	$475,000	2	1296
8/17/12	56 Claret 28	92614	Chateaux	$396,000	2	1296
8/17/12	4 Mallard	92604	Place	$1,195,000	5	3100
8/20/12	45 Willowgrove	92604	Grove	$615,000	3	1840
8/21/12	10 Lakeview 79	92604	Arborlake	$350,000	3	1659
8/22/12	5 Weepingwood	92614	Parkview	$439,000	3	1422
Woodbury
8/17/12	127 Calypso	92618	Santa Rosa	$417,000	2	1188
8/20/12	65 Mission Bell	92620	Esplanade	$480,000	2	1530

Discuss below or on Talk Irvine.

According to Altos Research, Irvine’s single-family housing market is similar to what it was the previous month. Altos gives Irvine’s single-family homes a Market Action Index of 21.61, which Altos defines as a buyer’s market. (Above 30 is defined as a seller’s market; below is defined as a buyer’s market.) Altos also states that the average single-family home has been on the market for about 121 days as of August 10, 2012.

Altos Market Action Index for Single-family Homes in Irvine

Altos Research

According to Redfin, 226 houses were on the Irvine market in June, and 181 condos were on the market. Following is more data from Redfin on Irvine’s July 2012 housing market:

Type	List Price/# Homes Listed	Sold Price/# Homes Sold	List Per SF	Sold Per SF	% Chg Y-O-Y Sold Price/SF
Houses
12-Jul	$949K/226	$760K/95	$382	$368	7.90%
12-Jun	$890K/251	$735K/103	$384	$356	5%
Condos
12-Jul	$509K/181	$425K/115	$342	$306	-1.60%
12-Jun	$498K/202	$430K/152	$336	$313	-1.30%
All
12-Jul	$744K/408	$545K/211	$363	$322	0.30%
12-Jun	$720K/456	$515K/257	$363	$327	0.9%*

*The May price per square foot was down 4.6%.

The following charts show Irvine’s inventory, median price per square foot of houses, and median price per square foot of condos, respectively.

Redfin

There are fewer houses and condos on the market this month than last month, as well as fewer sales. In addition, houses seem to be faring better than condos in Irvine’s housing market.

If you would like to see some housing numbers for each of Irvine’s neighborhoods, see my previous post “Irvine Housing by the Numbers – August 2012 Update.”

Discuss below or on Talk Irvine.

Date Sold	Address	Zip	Tract	Sold Price	Beds	Sq Ft
Airport Area
8/10/12	3217 Watermarke Pl	92612	Watermarke	$225,000	1	635
8/13/12	5106 Scholarship	92612	The Plaza (5000 & 8000)	$1,625,000	3	2685
8/13/12	3352 Watermarke Pl	92612	Watermarke	$258,000	1	842
8/15/12	21 Gramercy	92612	Belvedere	$459,000	2	1285
El Camino Real
8/10/12	4 Phoenix 90	92604	Heritage Park	$391,000	3	1125
8/13/12	39 Red Rock	92604	Deerfield Park	$582,000	3	1847
8/15/12	5181 Doanoke Ave	92604	El Camino Glen	$480,000	3	1535
Northpark
8/14/12	20 Julian 1	92602	Tiburon	$557,000	3	1650
8/14/12	28 Thorn Hill	92602	Bel Aire	$935,000	5	3511
Northwood
8/9/12	74 Trailing Vine	92602	Tamarisk	$400,000	3	1498
8/9/12	27 Whispering Pne	92620	Tremaine	$655,000	4	2004
8/9/12	38 Fabriano	92620	Vista Filare	$525,000	2	1385
8/10/12	120 Timberwood	92620	Collage	$357,000	2	1250
8/10/12	8 Prescott	92620	Sheffield Manor	$409,000	2	1424
8/10/12	229 Huntington	92620	Horizon	$295,000	2	995
8/12/12	5 Deerhollow	92620	Fairmont	$1,075,000	5	2900
8/15/12	13552 Jemel Way	92620	Other	$551,199	3	2268
8/15/12	2 Stonewall	92620	Imperial Homes	$864,500	5	2808
8/15/12	12 Viola	92620	Arbor Crest	$1,725,000	6	4350
Oak Creek
8/15/12	26 Dahlia	92618	Cypress	$700,000	4	2018
Orangetree
8/15/12	7108 Apricot Dr	92618	Custom	$207,000	2	1101
Portola Springs
8/10/12	145 Silverado	92618	San Carlos Court	$480,990	2	1736
8/10/12	152 Full Moon	92618	San Carlos Court	$345,990	1	1220
8/13/12	54 Full Moon	92618	San Carlos COURT	$465,000	3	1653
Quail Hill
8/9/12	315 Tall Oak	92603	Ivy Wreath	$739,000	3	1736
8/12/12	77 Figtree	92603	Soltice	$560,000	3	1509
8/15/12	20 Vermillion	92603	Sage	$515,000	3	1300
Turtle Rock
8/10/12	14 Mountain View	92603	Broadmoor	$1,130,000	5	2768
8/12/12	17 Sunrose	92603	Highlands Garden	$910,000	3	2459
University Park
8/9/12	5126 Alder	92612	Terrace	$375,000	2	1224
8/13/12	1 Lancewood Way	92612	Village 1 (V1)	$405,000	3	1493
8/13/12	14 Klamath	92612	Park Crest	$630,000	4	2684
8/14/12	17 FEATHERWOOD	92612	Terrace	$455,000	2	1224
8/14/12	4822 Royce Rd	92612	Park I (In Village Park)	$786,000	4	2314
Westpark
8/9/12	53 Del Cambrea	92606	Positano	$557,500	3	1683
8/15/12	16 Santa Catalina Aisle	92606	Ravenna	$690,000	4	1900
Woodbridge
8/9/12	60 Chardonnay 43	92614	Chateaux	$420,000	2	1600
8/10/12	26 Waterway 29	92614	Lakeshore	$595,000	2	1930
8/10/12	100 Eagle Pt 52	92604	Village Green	$300,000	3	1088
8/13/12	24 Meadowgrass	92604	Creekside	$745,000	4	1950
8/13/12	105 W. Yale Loop	92604	Estates	$610,000	4	2161
8/14/12	110 Echo Run	92614	Park Vista	$281,000	3	1117
8/15/12	19 Heron	92604	Place	$686,500	3	1905
Woodbury
8/14/12	71 Hallmark	92620	La Casella	$658,000	3	2100
8/14/12	54 Peony	92618	Monterey	$438,500	2	1685

Discuss below or on Talk Irvine.