Nearly 5 months inventory!

20 Woodbridge home sold in June 2010, at prices from $300,000 (for a 2-bedroom 970 square foot condo), to $975,000 (for a 4-bedroom 2,476 square foot SFR).

It's July 21st already, and only 9 have sold so far this month!

57 Woodbridge homes are either in "Pending" or "Backup Offers" status right now, and only 19 of them are standard sales. Let's see how many close in the remaining 11 days of the month......

The prices of Woodbridge homes for sale right now, range from $278,000 for a 2-bedroom standard sale condo, to $1,199,900 for a 3,000 square foot 5-bedroom SFR, (value ranged from $1,149,900)

89 Woodbridge homes are currently "for sale", which equals nearly 5 months inventory!

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?

Let's see how many Woodbridge Irvine homes close THIS month!

A quick recap - 4 homes have sold so far this month, (closed), and there are 66 Woodbridge homes for sale, (Active), right now.

13 homes are in Backup Offer status, and a further 13 are "Pending". After last month's very disappointing Closed Sales numbers, (one home!), I have a feeling that we'll see a FEW of these 26 homes close in March.

If I were a gambling lady, I'd bet that 10 of them will close, which will bring the number of Closed Sales in March to 14.

Let's see how close, (or lucky), I am, when I report the final numbers at the end of the month.