Irvine CA Home Selling 2016 First Quarter

cropped-P1010840.jpgIrvine CA continues as the top home selling city at Orange County and experienced continued solid numbers for the first three months of 2016 (ending March 31, 2016).

Irvine CA real estate -b-See Irvine home selling numbers 2016 first quarter – click here for link to CRMLS information

603 Irvine homes sold during the first quarter 2016

  • $917,370 was average home sold price
  • 72 days was average time of market for those sold homes

516 Irvine homes sold last year during first quarter 2015

  • $804,221 was average Irvine home sold price during first quarter 2015
  • 70 days was average time on market for those sold homes

So Irvine home selling numbers are up big time first quarter 2016 – with average sold price up 14 percent as compared with same time during 2015.

Irvine CA continues as the economy powerhouse at Orange County and Southern California – with expanded economy opportunity, with more than 200,000 jobs.

Irvine has more jobs than the number of people over the age of 18 – with population of about 250,000 people.

Contact us to find out more information about Irvine homes and selling values for 2016.

What_is_your_Irvine_home_worth-b-By Harrison K. Long – Realtor, professional real estate representative, and CA real estate broker – CALBRE #01410855.  Source of information is CRMLS multiple listing service and is for homes represented by all brokers and agents.

Irvine CA homes for sale – search here

“Irvine CA Home Selling 2016 First Quarter”

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Orange County Great Park at Irvine Information Update

Orange County CA Great Park Information Update

The following is an excerpt from information provided by Irvine Mayor Steven Choi on March 7, 2016:

“Last month, the City Council approved a long-term lease agreement with the Irvine Ice Foundation, the non-profit affiliate of the Anaheim Ducks hockey team. This Foundation’s mission is to promote hockey and other ice-based youth sports.

Under this agreement, the Irvine Ice Foundation will construct a 270,000 square foot community ice facility that will include four “sheets” of ice – in other words, four skating facilities. Three will meet National Hockey League standards, and one will meet Olympic standards, with the Foundation investing a minimum of $35 million. It will be open for the public for youth hockey, figure skating, open skating, etc., with the City controlling the great majority its operating time.

Meanwhile, the 175-acre Sports Park, the 40-acre Bosque and 36-acres of Upper Bee Canyon are all under active construction. I am especially excited about the Sports Park, which will feature 12 baseball and softball diamonds, 5 sand volleyball courts, 25 tennis courts, basketball courts for open play, and a play area.  In addition, there will be 13 soccer fields, along with 5 “flex fields”, which can be marked off for soccer, and that is in addition to the 4 soccer fields at the Great Park now, as is the North Lawn which can also function as 3 soccer fields.  That brings to 25 the number of total soccer fields that will be available at the Great Park.

Phase 1 of the Sports Park, with soccer and tennis courts, will open this fall, with more open at the end of this year.  We expect the Sports Park to be completed early next year.  Of course, this all depends on the weather.” 

Steven Choi, 2015Source of information is that presented by Irvine Mayor Steven Choi.

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Irvine CA Home Selling During First Two Months 2016

Arezzo homes, Turtle Ridge

Arezzo homes, Turtle Ridge Irvine

Irvine CA Home Selling Numbers were solid during first two months of this year 2016.

162 – number of Irvine homes sold in January 2016

$969,997 – average sold price of Irvine homes during January 2016.

$1,014,260 – average list price of sold Irvine homes during January 2016.

Irvine CA Homes and Real Estate95.6 percent – list price to sold price ratio at Irvine CA for January.

2,032 SF – average interior size of Irvine homes sold during January.

436 – number of Irvine homes listed for sale as of March 1, 2016

2.04 months – average market time for Irvine homes (that time it would theoretically take to sell all homes on the market at current rate of sale).

$1.4 million – current average list price of Irvine homes.

Do you ever wonder what your Irvine CA home is worth in today’s market?

Find out here what your Irvine CA home is worth

By Harrison K. Long, Realtor and real estate broker associate, HomeSmart Evergreen Realty – CALBRE #01410855.  Source of some information is Steven Thomas and his ReportsOnHousing.com.

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Irvine CA Home Selling Numbers Solid First 38 Days of 2016

Great Park Homes

Great Park Homes

Irvine CA continues as the top home selling city at Orange County and experienced big home selling numbers for the first 38 days of 2016 (ending February 9, 2016).

See Irvine home selling numbers for those first 38 days – click here for link to CRMLS information

203 Irvine homes sold during the first 38 days of this year 2016 – with average sold price of $958,808.

Irvine CA real estate -b-194 homes sold during first 38 days last year 2015 – with average sold price of $816,083.

So home selling numbers are slightly up this year, and average sold price is up by 17 percent – as compared with same time last year 2015.

Irvine CA continues as the economy powerhouse at Orange County and Southern California – with big economy opportunity and more than 200,000 jobs – and population of about 244,000 people.

CONTACT US

Contact us to find out more information about Irvine homes and selling values for 2016.

By Harrison K. Long – Realtor, professional real estate representative, and CA real estate broker – CALBRE #01410855.  Source of information is CRMLS multiple listing service and is for homes leased and for lease as presented by all brokers and agents.

“Irvine CA Home Selling Numbers Solid During First 38 days of 2016”

Posted in Home selling strategy, Irvine CA, Irvine home buying, Irvine home sales, Irvine home values, Irvine homes, Irvine listings, Irvine live, Irvine real estate, Irvine view homes, OC home value guide, Orange County home selling, Orange County home values | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Irvine CA Homes for Lease and Values Information

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Irvine CA homes for lease presents value information for investors.

Turtle Rock Irvine continues to be one of the most popular and sought-after areas for residential living and investment at Orange County CA. Turtle Rock, Irvine

 

Investors also like Turtle Rock, because of its safe neighborhoods, high property values and solid rents.

Irvine homes for lease are in great demand, because of excellent schools, lots of good jobs and employment opportunities in the area, close proximity to UC Irvine campus, people moving to Irvine, and that some folks are unable to buy a home at this time.

Homes for Lease

14 Turtle Rock Irvine homes are now listed for lease or rent.

See Turtle Rock Irvine homes now listed for lease and rent information – click here for link to CRMLS information.

Also see Turtle Rock Irvine homes that have leased during the past six months information – click here for link to CRMLS information.

CONTACT US

Contact us to find out more information about Turtle Rock and Irvine homes for lease and values for 2016.

By Harrison K. Long – Realtor, professional real estate representative, and CA real estate broker CALBRE #01410855.

Source of information is CRMLS multiple listing service and is for homes leased and for lease as presented by all brokers and agents.

#ExploreTurtleRock #TurtleRockIrvineHomes

“Irvine CA Homes for Lease and Values Information”

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Irvine CA Home Sales Solid in December 2015

Irvine CA home sales were good during December 2015 (when December through January are normally slowest home selling time of year).

Irvine CA real estate -b-Irvine’s local market update for detached single family homes during Dec. 2015 (by the Orange County Association of Realtors) shows that 103 homes were sold in the month – and that was an 18.4% increase as compared with last year Dec. 2014 (see infographic below).

$1,056,130 – was the average sold price of those 63 homes sold during Dec. 2015 – and that price average was down 7.5% from last year Dec. 2014.

There were 85 pending sales during Dec. 2015, which was up 19.7% as compared with same time last year.

Irvine_market_report,_Dec

Home buyers continue to love Irvine for its fabulous public schools, expansive and safe parks, fantastic recreation areas, bike trails and facilities, and some of the best weather anywhere.

Irvine is the king location at the Orange County CA real estate markets and sells more homes than at any other city in the area.

By Harrison K. Long – Real estate broker and Realtor at Irvine – CALBRE #01410855 – Text or cell at 949-701-2515.

Source of information is the Irvine CA market report for Dec. 2015, which was presented by the Orange County Association of Realtors.

“Irvine CA Home Sales Solid in December 2015”

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7 Top Reasons to Buy an Irvine Home Now

“7 Top Reasons to Buy an Irvine Home Now” – Orange County CA people who are renting or leasing homes are very often considering to buy.

7 Top Reasons to buy now

Here are “7 top reasons to buy a home now”.

 

house in hand

First:  High Rents.  Rents are high and will go higher each year.  Unlike rent, your fixed rate mortgage payments won’t go up over time.  Your property taxes and insurance payments will increase.  However, in California we have Proposition 13, which limits the rates at which property taxes can be increased.  If you are careful to find a good home insurance policy, that might help you with good rates.

Second:  Low interest rates.  Mortgage interest rates are at historic lows now.  But the Federal Reserve is expected to increase these rates before the end of the year.  As rates go up from 4.125 percent (where they are today) to 4.3 percent and beyond, monthly payments on new mortgages will go up and purchasing power will decline.  Buying now, while you can lock in today’s low rates, can save you lots of money over the lifetime of the loan.

Third:  Equity ownership.  Rent payments are money spent and gone, but mortgage payments are investments.  With each house payment you build equity in your home.  As the interest portion of the payment declines, the principal part of the payment increases and your equity ownership goes up with that.

Fourth:  Favorable return on investment.  During temporary housing market ups and downs, real estate has experienced long-term, stable growth in value.  The average appreciation rate for median-priced homes in the Golden State has been around four percent each year for the past 15 years.  So you can invest and pay 4 percent annually and puts a roof over your head at the same time.

Fifth:  Flexibility.  The home you buy is yours.  You can decorate it to suit your tastes and remodel it for your When you decide to upsize or downsize, you can sell your home and use the proceeds as a down payment on a new replacement home.

Sixth:  Wealth accumulation.  An article in the New York Times stated that home ownership is the best way for people who have not inherited wealth to build it and that building equity in a home can be a ready-made savings plan.  And when you sell your home in California, up to $250,000 (and up to $500k if married and filing jointly) in capital gains may be excluded from federal income tax liability.

Seventh:  Long-term stability.  Home ownership has a significant positive impact on net worth, educational attainment, civic participation, and quality of life.  Buying, owning, and staying put allows you and your family make things solid for your lives, establish lasting friendships, and help realize the American Dream of home ownership.

By Harrison K. Long.  Source of information is an article by Sherri Butterfield at the   Orange County CA Association of REALTORs®. 

“7 Top Reasons to Buy an Irvine Home Now”

 

Posted in Home buying or leasing, Home buying or renting, Home buying strategy, Irvine CA, Irvine home buying, Irvine home sales, Irvine homes, Irvine listings, Irvine real estate, Live @ Irvine, OC home value guide, Orange County home buying, Orange County homes | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Irvine CA Fall Season Begins – Home Selling Market Update

Irvine CA Home Selling Market Update – Fall season starting – September 21, 2015

Turtle Rock Crest Irvine

The giant at Orange County CA for home sales – Irvine continues to grow with expanding population and businesses.

Irvine has some of the best and most sought after schools anywhere.

Irvine was named again as the America’s safest city of its size (according to the FBI).

Irvine is one of the top cities in CA and the U.S. for jobs and employment – with about  200,000 jobs – as compared with population (about 250,000 people).  So Irvine has more jobs than residents who are over the age of 18.

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Woodbridge South Lake at Irvine

Homeowners and buyers at Irvine continue to have confidence in property values, and home selling numbers and prices reflect that.

356 – Irvine homes sold for the month ending September 12, 2015 – which is more homes sold during any one month this year as compared with all Orange County cities.

$877,791 – average sold price of Irvine homes during the past 30 days (for time ending September 12, 2015, according to CRMLS).

655 – number of Irvine homes now listed for sale on CRMLS multiple listing service.  (This number of homes for sale is down slightly from last month, which is normal for end of summer cycle).

$1,202,000 – average list asking price of Irvine homes now listed for sale.

70 days – that time it would in theory take to sell all Irvine homes at current pace of sale.

See all Irvine homes for sale – click here

Portola Springs Irvine homes for sale – click here

Westpark Irvine homes for sale – click here

Woodbridge Village Irvine homes for sale – click here

Turtle Rock Village Irvine homes for sale – click here

Northwood Village Irvine homes for sale – click here

University Park homes for sale – click here

 

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By Harrison K. Long.  Source of some information is CRMLS multiple listing service and is for homes listed and sold by all brokers and agents.  We provide the best professional real estate and REALTOR® representation for sellers and buyers at Irvine and Orange County CA – with focus for clients to have outstanding customer service experiences.  CALBRE #01410855.  Contact us at 949-701-2515 by cell or text.

“Irvine CA Fall Season Begins & Home Selling Market Update”

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Irvine CA Giant at Orange County Home Sales – Market Update

Irvine CA Home Selling Market Update – September 13, 2015

Turtle Rock Crest Irvine

Turtle Rock Crest Irvine

Irvine is the giant at Orange County CA for home sales – while the city continues to grow with expanding population and businesses.

Irvine has some of the best and most sought after schools anywhere.

Irvine is the America’s safest city of its size (according to the FBI).

Irvine is one of the top cities in the CA and the USA for jobs and employment – with about  200,000 jobs – as compared with population (about 250,000 people).  So Irvine has more jobs than residents who are over the age of 18.

University High School Irvine

University High School Irvine

Homeowners and buyers at Irvine continue to have confidence in property values, and home selling numbers and prices reflect that.

356 – Irvine homes sold for the month ending September 12, 2015.  That’s more homes sold during any one month this year as compared with all Orange County cities.

$877,791 – average sold price of Irvine homes during the past 30 days (for time ending September 12, 2015, according to CRMLS).

655 – number of Irvine homes now listed for sale on CRMLS multiple listing service.  (This number of homes for sale is down slightly from last month, which is normal for end of summer cycle).

$1,202,000 – average list asking price of Irvine homes now listed for sale.

70 days – that time it would in theory take to sell all Irvine homes at current pace of sale.

See all Irvine homes for sale – click here

Portola Springs Irvine homes for sale – click here

Westpark Irvine homes for sale – click here

Woodbridge Village Irvine homes for sale – click here

Turtle Rock Village Irvine homes for sale – click here

Northwood Village Irvine homes for sale – click here

University Park homes for sale – click here

 

What_is_your_Irvine_home_worth-b-

Find out for free what your Irvine home is worth

By Harrison K. Long.  Source of some information is CRMLS multiple listing service and is for homes listed and sold by all brokers and agents.  We provide the best professional real estate and REALTOR® representation for sellers and buyers at Irvine and Orange County CA – with focus for clients to have outstanding customer service experiences.  CALBRE #01410855.  Contact us by at 949-701-2515 by cell or text.

Posted in Home selling, Home selling strategy, Irvine business, Irvine CA, Irvine home sales, Irvine home values, Irvine homes, Irvine listings, Irvine live, Irvine real estate, Irvine view homes, Live @ Irvine, Live at Irvine | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Irvine CA Home Selling Market Update & Buying Spree

Irvine CA homes and real estate market updateIrvine CA continues to lead the pack at Orange County CA for home sales.  Irvine is a robust city with jobs, a healthy economy, and receives annual awards for being one of the safest cities in America.

Turtle Rock Irvine homes

Turtle Rock Irvine homes

Irvine has about 230,000 residents – and 80,000 homes and private residential properties.

Irvine is one of the most sought-after areas for residential living and investment in Southern California.

Home owners and sellers get lots of attention and have high expectations and confidence in Irvine property values.

690 Irvine homes are now listed for sale with the CRMLS multiple listing service (which is more than a 30 percent increase from six months ago).  Average listing price at Irvine is now at $1,163,000.

303 Irvine CA homes are now under purchase contracts with buyers – in backup and pending status on the multiple listing service – and these have average asking prices at $859,000.

274 Irvine homes have sold with closed deals during the past 30 days (from July 24 to August 24)– and average sold price for these homes was $854,000.

According to a recent Orange County Register article, 371 Irvine homes sold during July 2015 (including resale homes, new homes and trustee sale auctions).  

Average time on market from listing to sale of homes at Irvine is now less than 3 months (that time it would theoretically take to sell all Irvine homes on the market at current pace of sales) – so it’s still a seller’s market.

People seek out Irvine, because of its award-winning schools, excellent geography, biking and hiking trails, good jobs available, and that it has some of best weather anywhere.

See Irvine CA homes now listed for sale – click here

See Irvine single level homes now listed for sale – click here 

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By Harrison K. Long.  Source of some information is CRMLS multiple listing service and is for homes listed and sold by all brokers and agents. We provide professional REALTOR® and broker representation and help for property owners, buyers and investors – for their best decisions about homes and real estate. Contact us to find out more about Irvine homes and real estate.

“Irvine CA Home Selling Market Update – August 24, 2015”

Posted in Irvine CA, Irvine home sales, Irvine home values, Irvine homes, Irvine listings, Irvine live, Irvine pool homes, Irvine real estate, Irvine schools, Irvine view homes | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment