LEANNE BOMAN
1400 Newport Center Drive Newport Beach, CA 92660
REALTOR® DRE# 01456237
REAL ESTATE MARKET REPORT • JUNE 2021
Irvine Terrace
949.887.9871
LeanneBoman@gmail.com www.LeanneBoman.com www.HomesInIrvineTerrace.com
WWW.LEANNEBOMAN.COM
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2021
Living In, Promoting, and Protecting our Community’s Value!
A F A M I LY WANTS YOUR HOME
THE REAL ESTATE MARKET CONTINUES TO HEAT UP Historically low interest rates, low inventory, and a massive increase in buyers seem to indicate there is no sign of the market slowing. Surges in lumber prices have led to further disruptions as new construction prices have skyrocketed. Buyers are rapidly searching for their next dream home and are willing to pay top dollar.
54% of new homeowners took advantage of low interest rates in 2020.
An over 200% increase in lumber costs has buyers looking more seriously at existing homes, rather than new builds.
87% of home buyers chose previously-owned homes, making them the dominant choice.
Presented by Leanne Boman Your Irvine Terrace Real Estate Specialist and Neighbor
Selling Your Home Now Will Yield a Better Price Than in the Future! Johnathan and Angel a-Mari e, As the real estate market continues to shift, working with a trusted neighborhood specialist who will professionally market your home is more important than ever. If you’ve considered selling, now is the time. Call me today at 949.887.9871 to learn how I can help you find the right buyer!
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 1009 Dolphin Terrace
4
3
3,300
12,150
$4,200,000
2
2001 Kewamee Drive
4
4
4,300
9,000
$6,995,000
3
1915 Chubasco Drive
6
9
6,800
19,350
$8,499,000
4
2001 Sabrina Terrace
3
5
6,300
11,200
$12,800,000
5
2007 Sabrina Terrace
4
6
6,100
11,200
$13,995,000
6
1215 Dolphin Terrace
6
8
7,300
13,600
$17,995,000
7
1207 Dolphin Terrace
6
8
7,700
14,094
$18,995,000
IRVINE TERRACE HOMES CURRENTLY PENDING NO.
Active
Pending
ADDRESS
BEDS
TOTAL BATHS
EST. SQ. FT.*
LOT SIZE SQ. FT.
LIST PRICE**
8
1914 Altura Drive
4
4
3,100
11,024
$3,990,000
9
2024 Altura Drive
4
4
4,000
11,016
$5,395,000
Sold
A visual representation of the data on the right.
© GOOGLE 2021
IRVINE TERRACE HOMES SOLD IN THE PAST 90 DAYS
Irvine Terrace
AT A GLANCE STATISTICS
Johnathan and Angela-Marie, Your Irvine Terrace home is in high demand and inventory is low! Call me today at 949.887.9871 to learn how to get the most value for your home!
6
$11,925,571
43
98%
HOMES RECENTLY SOLD
AVERAGE ACTIVE LIST PRICE
AVERAGE DAYS ON MARKET (SOLDS)
AVERAGE SP/LP
NO.
ADDRESS
BEDS
TOTAL BATHS
DOM
EST. SQ. FT.*
LOT SIZE SQ. FT.
PRICE PER SQ. FT.
SELLING PRICE**
10
2001 Seadrift Drive
3
3
0
3,300
10,080
$985
$3,250,000
11
730 Santana Drive
4
4
16
2,800
7,245
$1,194
$3,295,000
12
1821 Tahuna Terrace
3
4
29
2,300
10,266
$2,326
$5,300,000
13
712 Malabar Drive
4
5
105
2,900
11,400
$2,102
$6,095,000
14
521 Angelita Drive
4
6
65
4,400
9,270
$1,395
$6,200,000
15
1806 Marapata Drive
4
6
41
5,300
10,551
$1,545
$8,250,000
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 June 2nd, 2021. 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. ©2021 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. Evan Corkett/Villa Real Estate 2. Casey Lesher/Coldwell Banker Realty 3. Nancy Barfield/Villa Real Estate 4. Tim Smith/Coldwell Banker Realty 5. Tim Smith/Coldwell Banker Realty 6. Jason Oppenheim/The Oppenheim Group 7. Jason Oppenheim/The Oppenheim Group 8. Kendall Childs/Douglas Elliman Of California 9. Debbie Millar/Arbor Real Estate 10. Gordon Henry/Pacific Sotheby’S Int’L Realty 11. Timothy Tamura/Valia Properties 12. Debbie Millar/Arbor Real Estate 13. Leo Goldschwartz/Compass 14. Janelle File/Compass 15. Tim Smith/Coldwell Banker Realty.