Turtle Rock Irvine CA Real Estate Update for First Half of 2013
Turtle Rock is one of the most in-demand areas at Irvine and Orange County CA for home buying.
59 Turtle Rock area homes have sold so far this year – from January 1 to June 30, 2013.
Inventory of homes for sale at Turtle Rock has been very low so far this year, and it’s amazing that 59 homes sold during this time.
These sales during first half of 2013 ranged from start two bedroom two bath condo sold at $500,000 – up to a large 5 bedroom estate home sold at $2,850,000.
Average sold price for these Turtle Rock homes has been $1,039,720.
Average interior size for these sold homes was 2,294 SF, so buyers paid $453 per SF interior on average for the homes.
Same time last year during first six months of 2012, 62 Turtle Rock area homes sold. Average sold price for those sold homes was $1,188,550 (first six months of 2012). Average interior size for solds at Turtle Rock last was 2,685 SF.
Number of Turtle Rock homes sold and sold prices during first six months of 2013 is slightly down from last year.
Turtle Rock at Irvine has big-time home buyer demand. The number of homes sold during 2012 compared with 2013 is not remarkable. Modest number of homes sold this year so far is primarily because there were not enough listings to show to satisfy the buyers.
Source of some information is CRMLS and is for listings by all brokers.
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