Thursday, December 31, 2009

Nicest tracts in Woodbridge Irvine: The Landings

Two of the nicest tracts in Woodbridge Irvine are Landing I and Landing II, and these consist of only Single Family Residence detached homes.
Both tracks are "inside the Loop" and a wonderful community spirit exists.

Most homes are beautifully decotrated for the holidays.Don't expect to see many homes in "The Landings" on the market for sale. Usually when one is offered for sale, it is snapped up pretty fast!

In 2009 only were 5 homes sold, (that's in Landings I and II combined), and only 5 homes were sold in 2008 as well.

I sold 4-bedroom 25 Whispering Wind, (in Landing I), a few months ago for $995,000, (brought the buyer). One other Landing I home sold in 2009 and this was 4 Earlymorn which sold for $1,055,000.

These 4-bedroom Landing II homes sold in 2009:
11 Laurelglen $825,000.
59 Emerald $870,000.
46 Emerald $1,150,000.

Built by JM Peters, Landing I has 5 models varying from 1,943 Sq Ft to 3,068 Sq Ft, and Landing II has 5 models varying from 2,332 Sq Ft to 3,209 Sq Ft.



Tuesday, December 29, 2009

Woodbridge home sales year to date

Year to date, 160 attached & 64 detached Woodbridge homes have sold, making a total of 224 closed sales for the year so far.
The average selling price of the attached homes was $443,100.


Only 4 homes sold at over $1 million, and none were over $2 million.

42
Woodbridge homes are active, (offered for sale), right now.

The average Days on Market was 57.1 days. Look at the breakdown below:

Time on Market UNITS
1-30 Days 101
31-60 Days 52
61-90 Days 28
91-120 Days 14
121-180 Days 13
More than 180 Days 13
Total Units Sold 224

Sunday, December 20, 2009

Some reasons why people love Woodbridge, Irvine.

Woodbridge is a community of about 9,500 homes, with an adult population of about 30,000 people. Woodbridge is known as being a model planned community.

It encompasses 1,700 acres and features approximately 40 parks and pools, two "landmark" lakes and swimming lagoons, two beach clubs (with boat docks), 24 tennis courts, plus many other recreational amenities for use by the residents.

The excellent Woodbridge schools are a big reason people move here.

See all Woodbridge homes for LEASE here, and all Woodbridge homes for SALE here.

Woodbridge is always being kept in great condition, and quite a few facilities have been renovated during the past year.

Recently the pool decks of Stonecreek, Blue Lake, Woodflower & Smokestone were resurfaced.

The lakes have just been stocked with fish, so if you don't catch any, you only have yourself to blame!

Sunday, December 13, 2009

More homes for LEASE than there are for SALE?

Do you know that there are more homes for LEASE in Woodbridge right now, than there are for SALE?

48 Woodbridge Irvine homes are for SALE, (including two-bedroom #3 Whitecloud), and 57 homes are for LEASE, (check out two-bedroom #615 Springbrook North).


23 Woodbridge homes SOLD last month, and 23 were LEASED.

Interesting....

Sunday, December 6, 2009

Only two month's inventory of Woodbridge Irvine homes...

The highest priced home that sold in Woodbridge in November was 11 Laurelglen. After being bought at an auction in July for $690, this 4-bedroom, 2,334 Sq Ft SFR was flipped & recorded early last month, for $825K.

The lowest priced home to sell last month was a 1 bedroom 715 Sq Ft bank-owned condo which fetched $225K.

Altogether, 23 homes sold in November, and 47 are presently for sale, (active), so there's only two month's inventory of Woodbridge homes right now.

The Woodbridge homes for sale range in price from $299K to $1.4 million. The smallest home is 917 Sq Ft, and the largest is 3,400 Sq Ft. See these homes at www.WoodbridgeCondo.com.

The average Days on Market for these homes are 69 days, and the highest is 524 days, (not a typo). The price was reduced 3.5% after 206 days, another $24K 165 days later, and then another $6K about four months ago.

Comparable Woodbridge condos have sold the past three months after only between 4 & 112 Days on Market, with the average being 30 days. Makes you think, doesn't it?





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