LEANNE BOMAN
1400 Newport Center Drive Newport Beach, CA 92660
REALTOR® DRE# 01456237
REAL ESTATE MARKET REPORT • MARCH 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 to sell? Now is a
once-in-a-Lifetime opportunity!
According to the National Association of Realtors:
DEMAND IS VERY STRONG. 6.18 million homes were sold in 2021, the largest number of home sales in 15 years. Demand isn’t expected to weaken this year, either.
SUPPLY IS HISTORICALLY LIMITED. Months’ supply of inventory just hit the lowest number of the century. Unsold inventory sits at a 1.8-month supply at the present sales pace.
SELLERS HAVE MAXIMUM LEVERAGE. Since demand is high and inventory is low, sellers hold all the cards. Benefits of this market include a competitive sales price, a flexible closing date, potential for a leaseback to allow you more time to find a home, and minimal offer contingencies.
Johnathan and Angela-Marie, Your next dream home is out there waiting if we act quickly! Call me at 949.887.9871 and let’s develop a plan to help you leverage your property and take advantage of this unique opportunity.
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 521 Angelita Drive
4
6
4,400
9,270
$6,995,000
2
2027 Altura Drive
4
3
3,700
9,384
$7,795,000
3
1809 Seadrift Drive
4
5
5,800
10,580
$8,849,000
4
1523 Dolphin Terrace
3
3
3,200
11,900
$16,800,000
5
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
BEDS
TOTAL BATHS
EST. SQ. FT.*
LOT SIZE SQ. FT.
LIST PRICE**
6
1907 Chubasco Drive
2
3
2,600
8,814
$3,600,000
7
1915 Chubasco Drive
5
5
4,400
10,536
$4,500,000
8
1300 Dolphin Terrace
5
4
3,100
8,214
$4,600,000
9
1915 Chubasco Drive
6
9
6,800
19,350
$7,999,000
© GOOGLE 2022
www.HomesInIrvineTerrace.com
Irvine Terrace
AT-A-GLANCE STATISTICS
Johnathan and Angela-Marie, If you’re curious about your home’s current value, whether for future sale, estate planning, or any other reason, call me today at 949.887.9871. Let my marketing go to work for you!
4
$5,055,750
62
96%
HOMES RECENTLY SOLD
AVERAGE SOLD PRICE
AVERAGE DAYS ON MARKET (SOLDS)
AVERAGE SP/LP
IRVINE TERRACE HOMES SOLD IN THE PAST 6 MONTHS NO.
ADDRESS
BEDS
TOTAL BATHS
DOM
EST. SQ. FT.*
LOT SIZE SQ. FT.
PRICE PER SQ. FT.
SELLING PRICE**
10
1607 Bonnie Doone Terrace
3
2
153
1,600
6,582
$1,739
$2,700,000
11
2007 Chubasco Drive
4
4
59
2,800
8,800
$1,447
$4,000,000
12
1531 Santanella Drive
4
3
95
2,800
7,052
$1,472
$4,123,000
13
1927 Kewamee Drive
4
4
10
3,000
8,000
$1,552
$4,600,000
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 March 1st, 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. Dakoda Muta/Realty One Group West 2. Ron Millar/Arbor Real Estate 3. Tim Smith/Coldwell Banker Realty 4. Robert Giem/Compass 5. Jason Oppenheim/The Oppenheim Group 6. Nancy Barfield/Villa Real Estate 7. Nancy Barfield/Villa Real Estate 8. Andrew Moore/Compass 9. Nancy Barfield/Villa Real Estate 10. Michael Hinderberger/Compass 11. Paul Daftarian/Luxe Real Estate 12. Leanne Boman/Berkshire Hathaway Homeservice 13. Richard Carter/Pacific Sotheby’S Int’L Realty