Friday, April 1, 2011

Irvine Real Estate - Homes Sold vs. Leased Values - March 2011

Irvine home values                       

179 Irvine, Californiahomes were sold during March 2011 (a solid number)

  • Average sold price for those Irvine homes during March 2011 was $664,043.  Woodbridge South Lake

 

See Irvine CA single family homes now listed - click here for link 

 

4 of those Irvine sold homes during March were at the exclusive Shady Canyon area.

  • Average sold price at Shady Canyon was $3,563,740 (more than 3.5 million dollars)

See Shady Canyon Irvine homes listed - click here for link

Homes leased

228 Irvine homes were leased during that same time, March 2011

  • Average monthly lease price for those Irvine homes during March 2011 was $2,517 
  • Annual Irvine home lease payment would be $30,204.

So the average annual home leased price was 4.5% as compared with same time average home sold price (at Irvine during March 2011). 

Some buyers will consider this to determine property sold and lease values at Irvine.  There are advantages for both buying and leasing.  Home buyers and lessees should always contact and use the services of an experienced local REALTOR®.

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Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, GRI - Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com (email) - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs®.

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Helping people with their best decisions about real estate, listing and selling of homes and properties at Irvine and Orange County, California. 

Posted via email from Explore OC Homes

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