Tiffany Luo - Irvine Financial District - May 2018

TIFFANY LUO 羅啟君

RE/MAX Fine Homes 3 Corporate Plaza, Suite 100 Newport Beach, CA 92651 949.641.6188

Broker Associate | CalBRE# 01857056

949.877.2616 Tiffany@StarHomeUS.com www.StarHomeUS.com

IRVINE FINANCIAL DISTRICT

Each office independently owned and operated.

MARQUEE PARK PLACE • THE PLAZA • CENTRAL PARK WEST

MAY 2018 REAL ESTATE MARKET REPORT

Visit www.IrvineFinancialDistrict.com for community info, current activity, and more.

1ST QUARTER IRVINE FINANCIAL DISTRICT Real estate review

21

CURRENT LISTINGS

IRVINE FINANCIAL DISTRICT IS IN A SELLER’S MARKET!

SOLD PRICE

LOW

+$150,965 from Q1 of 2017

HIGH

PRICE PER SQ. FT.

LOW

+ 20.4% from Q1 of 2017

HIGH

$542 $936

12

52

97.2%

TOTAL SALES

AVERAGE DOM

AVERAGE SP/LP

6 More

52 Days Less

+ 2.6%

than Q1 of 2017

than Q1 of 2017

from Q1 of 2017

AVERAGE

AVERAGE

$575,000 $1,041,298 $2,550,000

$407

www.IrvineFinancialDistrict.com

PRESENTED BY TIFFANY LUO 羅啟君

YOUR irvine financial district REAL ESTATE SPECIALIST Johnathan and Angela-Marie, Your Irvine Financial District community had a fantastic quarter, with increases in several key market indicators. However, with current inventory pointing to a seller’s market, you need an Irvine Financial District specialist with marketing and negotiating skills to help position your home above the crowd and achieve the best possible price. If you are thinking about selling, contact me today at 949.877.2616.

Data based on listings from CRMLS from January 1st to March 31st, 2017 and 2018. Information deemed accurate but not guaranteed.

PREPARED ESPECIALLY FOR

JoHnathan and Angela-Marie Williams

TIFFANY LUO 羅啟君 Broker Associate | CalBRE #01857056

949.877.2616 Tiffany@StarHomeUS.com www.StarHomeUS.com www.IrvineFinancialDistrict.com

LOCAL EXPERTS, GLOBALLY CONNECTED!

IRVINE FINANCIAL DISTRICT Real Estate Market Report

Contact me on WeChat!

Johnathan and Angela-Marie, Selling a condo or townhome in the Irvine Financial District requires extensive local knowledge, a great marketing plan, and superior negotiation skills. As an experienced agent and Irvine Financial District specialist, I am uniquely qualified to help you receive top dollar for your home. Call me today at 949.877.2616.

微信

CURRENT ACTIVITY IN THE IRVINE FINANCIAL DISTRICT

HOMES LISTED IN THE IRVINE FINANCIAL DISTRICT Active

Pending

Sold

Status

Address

Property Type

Bedrooms

Total Baths

Estimated Square Feet*

List Price**

Active

3000 The Plaza

Condominium

2

3

2,400

$2,350,000

Active

Belvedere

Condominium

2

2

1,600

$825,000

Active

Central Park West

Condominium

2

3

1,900

$1,175,000

IRVINE FINANCIAL DISTRICT

Active

Chelsea

Townhouse

3

4

2,300

$985,000

Active

Lennox

Condominium

2

2

1,900

$860,000

Active

Lennox

Condominium

2

2

1,900

$870,000

Active

Lennox

Condominium

2

3

2,100

$898,000

Active

Lennox

Condominium

2

3

2,400

$1,195,000

Active

Manhatten

Townhouse

3

3

2,200

$1,080,000

AT A GLANCE

Active

Manhatten

Townhouse

3

4

2,300

$1,120,000

Active

Marquee At Park Place

Condominium

2

2

1,300

$655,000

Active

The Plaza

Condominium

1

2

1,300

$648,000

Active

The Plaza

Condominium

1

2

1,200

$675,000

Active

The Plaza

Condominium

1

2

1,300

$699,000

Active

The Plaza

Condominium

2

2

1,700

$999,000

Active

The Plaza

Condominium

2

2

1,700

$1,100,000

Active

The Plaza

Condominium

2

2

1,700

$1,170,000

Active

The Plaza

Condominium

2

3

1,800

$1,198,000

Active

The Plaza

Condominium

2

3

1,800

$1,290,000

Active

The Plaza

Condominium

4

4

2,700

$2,400,000

Active

The Plaza

Condominium

3

4

2,700

$2,498,000

Homes Recently Sold: 2 Average Active List Price: $1,175,705 Average Sold Price: $776,500 Average Days On Market (Solds): 60 A visual representation of the data on the right. ©2018 Google

HOMES PENDING IN THE IRVINE FINANCIAL DISTRICT Status

Subdivision

Property Type

Beds

Total Baths

Estimated Square Feet*

List Price**

Pending Date

Pending

The Plaza

Condominium

1

2

1,300

$659,000

04/06/18

Pending

3000 The Plaza

Condominium

2

2

1,500

$845,000

04/06/18

Pending

3000 The Plaza

Condominium

2

3

1,700

$1,325,000

03/21/18

Pending

The Plaza

Condominium

3

4

2,600

$2,400,000

06/07/17

HOMES SOLD IN THE IRVINE FINANCIAL DISTRICT IN THE LAST 30 DAYS Status Address

Subdivision

Property Type

Beds

Total Baths

Estimated Square Feet*

List Price**

Sold Price**

Sold Date

Sold

21 Gramercy #102

Belvedere

Condominium

2

2

1,600

$680,000

$678,000

04/04/18

Sold

402 Rockefeller #413

Lennox

Condominium

2

3

2,100

$888,000

$875,000

04/20/18

Tiffany Luo and RE/MAX Fine Homes are not in any way affiliated with any Central Park West, Marquee at Park Place, or The Plaza Home Owners Association, nor is this in any way an official advertisement or publication of Central Park West, Marquee at Park Place, or The Plaza. ©2018 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the California Regional Multiple Listing Service (CRMLS) for March 25th, 2018 through April 25th, 2018. Listings and sales may not be those of RE/MAX. The National Association of Realtors® and CRMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates numbers that have been rounded to the nearest 100. **Indicates numbers that have been rounded to the nearest 1,000.