Leanne Boman-Irvine Terrace - January 2022

LEANNE BOMAN

1400 Newport Center Drive Newport Beach, CA 92660

REALTOR® DRE# 01456237

REAL ESTATE MARKET REPORT • JANUARY 2022

Irvine Terrace

949.887.9871

LeanneBoman@gmail.com www.LeanneBoman.com www.HomesInIrvineTerrace.com

WWW.LEANNEBOMAN.COM

Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | © 2022

Living In, Promoting, and Protecting our Community’s Value!

Looking Ahead: Is a Normal Real Estate Market on the Horizon?

2022 REAL ESTATE PREDICTIONS: •

Sale prices will continue to increase, but at a slower rate than 2020 and 2021. Experts predict a 12.0% increase in year-over-year sale prices by July 2022, while last year experienced an 18.6% increase.

•

Inventory is expected to rise, allowing the market to cool off and buyers more time and options while searching for their home.

•

Interest rates will remain favorable to buyers and keep home sales going steady. Freddie Mac forecasts 4.0% interest rates by the end of 2022, and experts predict rates to be around 3.6%.

https://homesca.net/real-estate-blog/2022-housing-market-forecast-boom-or-bust/

Johnathan and Angela-Marie, As we enter 2022, we can be sure of one thing – the real estate market will continue to evolve. Now more than ever, you need an experienced Irvine Terrace Realtor in your corner. Call me today at 949.887.9871 to get the latest updates on home values in your area and marketing and negotiation skills that can help you achieve the highest sale price!

Presented by Leanne Boman Your Irvine Terrace Real Estate Specialist and Neighbor

PREPARED ESPECIALLY FOR

Johnathan and Angela-Marie Williams

LEANNE BOMAN

Irvine Terrace

REALTOR® DRE# 01456237

949.887.9871

LeanneBoman@gmail.com www.LeanneBoman.com www.HomesInIrvineTerrace.com

CURRENT MARKET ACTIVITY

Johnathan and Angela-Marie, If you would like your home featured in this publication and mailed to the Irvine Terrace neighborhood, please call me today at 949.887.9871.

IRVINE TERRACE HOMES CURRENTLY ACTIVE NO.

BEDS

TOTAL BATHS

EST. SQ. FT.*

LOT SIZE SQ. FT.

LIST PRICE**

1

ADDRESS 1915 Chubasco Drive

6

9

6,800

19,350

$7,999,000

2

1809 Seadrift Drive

4

5

5,800

10,580

$8,849,000

3

1523 Dolphin Terrace

3

3

3,200

11,900

$16,800,000

4

1301 Dolphin Terrace

5

9

11,000

15,840

$19,995,000

IRVINE TERRACE HOMES CURRENTLY PENDING NO.

Active

Pending

Sold

A visual representation of the data on the right.

ADDRESS

TOTAL BATHS

EST. SQ. FT.*

LOT SIZE SQ. FT.

LIST PRICE**

5

1531 Santanella Terrace

4

3

2,800

7,052

$4,295,000

6

2007 Chubasco Drive

4

4

2,800

8,800

$4,325,000

7

1300 Dolphin Terrace

5

4

3,100

8,214

$4,600,000

© GOOGLE 2022

Experience Success Working With Leanne: Leanne was my leasing agent for seven years and then handled the sale of my property in Corona Del Mar. As my leasing agent, she was immensely helpful. Her vast knowledge and experience made her the ideal person to advise me on all aspects of the landlord/renter relationship. She was always available to me when I had questions and often volunteered to contact my renters about issues or situations that needed to be resolved. Leanne was kind, hard working, diligent, and trustworthy. When it came time to sell my beloved childhood home, she made the process easy and effortless. She was sensitive and sweet about my sentimental feelings and even arranged for time in the house so I could say my final “good bye.” It is without reservation that I would highly recommend Leanne Boman if you’re looking for a totally competent and reliable real estate or leasing agent.

- Five Star Zillow Review

BEDS

IRVINE TERRACE HOMES SOLD IN THE PAST 6 MONTHS NO.

BEDS

TOTAL BATHS

DOM

EST. SQ. FT.*

LOT SIZE SQ. FT.

PRICE PER SQ. FT.

SELLING PRICE**

8

ADDRESS 1607 Bonnie Doone Terrace

3

2

153

1,600

6,582

$1,739

$2,700,000

9

1914 Altura Drive

4

4

95

3,100

11,024

$1,198

$3,770,000

10

1009 Dolphin Terrace

4

3

205

3,300

12,150

$1,285

$4,200,000

11

1927 Kewamee Drive

4

4

10

3,000

8,000

$1,552

$4,600,000

12

525 El Paseo Drive

4

5

83

3,200

37,346

$2,369

$7,500,000

Leanne Boman, Leanne Boman Real Estate Group, and Berkshire Hathaway HomeServices California Properties are not in any way affiliated with Irvine Terrace Homeowners Association, nor is this in any way an official advertisement or publication of Irvine Terrace. This representation is based on sales and data reported by multiple brokers/agents to the CRMLS as of January 5th, 2022. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Listings and sales may not be those of Berkshire Hathaway HomeServices California Properties. ©2022 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered services marks of HomeServices of America, Inc.® Equal Housing Opportunity. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Rounded to the nearest 100. **Rounded to the nearest 1,000. 1. Nancy Barfield/Villa Real Estate 2. Tim Smith/Coldwell Banker Realty 3. Robert Giem/Compass 4. Jason Oppenheim/The Oppenheim Group 5. Paul Daftarian/Luxe Real Estate 6. Michael Hinderberger/Compass 7. Andrew Moore/Compass 8. Steven Bud M Mastropaolo/The Address, Inc 9. Kendall Childs/Douglas Elliman Of California 10. Evan Corkett/Villa Real Estate 11. Leanne Boman/Berkshire Hathaway Homeservice 12. Richard Carter/Pacific Sotheby’S Int’L Realty