Turtle Rock at Irvine Home Values Remain Solid
Turtle Rock Village is a beautiful area and one of the most sought after neighborhoods for homes and properties at Irvine, California.
Located in the hills east of the UC Irvine Campus, south of University Park, and west of the enclave at Shady Canyon.
52 homes are now for sale at Turtle Rock, 20 of which are single family detached, and the other 32 are condos or attached homes.
See Turtle Rock single family homes now listed for sale - click here for active link.
5 Turtle Rock area homes were sold during September 2010, with average sold price remaining high at $1,038,600.
20 Turtle Rock area homes were sold during 3rd quarter 2010.
Average home sold price during that 3rd quarter 2010 was $994,120.
27 Turtle Rock homes were sold during 3rd quarter 2009.
Average Turtle Rock home sold price for that 2009 3rd quarter was $811,611.
So the home sold price at Turtle Rock has been higher this year in 2010 than last year.
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See Turtle Rock condo homes now listed for sale - click here for active link
Market Time at Turtle Rock is about 8.5 months (theoretical time it would take the market to sell all listed homes at current pace of sale). Balanced market would be about 5 months, so this trend favors the buyers.
Because of continued high buyer demand for Turtle Rock homes, we expect home values to remain solid this year, even during challenging economy times for most other Orange County and California residential communities.
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