Posted: 10 Oct 2012 05:47 AM PDT
Last week I wrote about some new homes (The Branches) that will be built in Irvine’s well established Woodbridge neighborhood. To get a better idea how these “coming soon” Woodbridge homes compare with existing Woodbridge homes, today we will take a look at Irvine’s Woodbridge neighborhood.
First, the numbers: Woodbridge—August 2012:
The following graphs show the change in the number of Woodbridge homes on the market (inventory), the price per square foot of Woodbridge houses, and the price per square foot of Woodbridge 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 Woodbridge real estate market.
Note: This home is one of the least expensive homes in Woodbridge that is not “sale pending” or a manufactured home.
• Condo built in 1978 (one common wall and one carport space)
Note: Although this is not the most expensive home in Woodbridge, it is one of the more expensive Woodbridge homes.
• Condo built in 1985 (one common wall)
89 West Yale Loop (http://www.redfin.com/CA/Irvine/89-W-Yale-Loop-92604/unit-6/home/5463973)
• Condo built in 1977 (one common wall)
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