LEANNE BOMAN
1400 Newport Center Drive Newport Beach, CA 92660
REALTOR® DRE# 01456237
REAL ESTATE MARKET REPORT • NOVEMBER 2021
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 | © 2021
Living In, Promoting, and Protecting our Community’s Value! SHOULD I
Sell
Supply is L ow The driving factor of this uncanny market has been a lack of supply. As some homeowners wait to list until spring, the market will become even tighter. Buyers will have more competition with the lack of available homes, increasing the likelihood of bidding wars.
DURING THE
Holiday Season?
Mortgage Rate s are Rising Coupled with the lowest supply in history, mortgage rates have similarly remained at record lows. Most experts predict that rates will rise before the new year, making it difficult for buyers who are still hungry, and limiting their buying power.
Fa mily D e cision Time
The 2020 holiday season showcased record-breaking sales volume and increased prices, and the current market is still going strong. With a new year on the horizon and experts predicting changes in 2022, this is a perfect time to sell.
Many companies have adapted to remote employment, giving buyers the opportunity to move wherever they wish. Professionals and families looking to make big changes will search for their next dream home before the new year.
Presented by Leanne Boman Your Irvine Terrace Real Estate Specialist and Neighbor
J ohnathan a nd Ange l a- Marie , Now is the perfect time to sell and capitalize on this unique market. If you’ve considered selling, call me today at 949.887.9871, and let’s discuss your options.
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.
ADDRESS
BEDS
TOTAL BATHS
EST. SQ. FT.*
LOT SIZE SQ. FT.
LIST PRICE**
1
1531 Santanella Terrace
4
3
2,800
7,052
$4,295,000
2
2007 Chubasco Drive
4
4
2,800
8,800
$4,425,000
3
610 Malabar Drive
3
3
3,000
10,395
$5,995,000
4
1915 Chubasco Drive
6
9
6,800
19,350
$7,999,000
5
1809 Seadrift Drive
4
5
5,800
10,580
$8,849,000
6
1215 Dolphin Terrace
6
8
7,300
13,600
$15,995,000
7
1207 Dolphin Terrace
6
8
7,700
14,094
$16,795,000
8
1523 Dolphin Terrace
3
3
3,200
11,900
$16,800,000
IRVINE TERRACE HOMES CURRENTLY PENDING NO. 9
Active
Pending
ADDRESS 525 El Paseo Drive
Sold
A visual representation of the data on the right.
GET INSTANT ACCESS TO IRVINE TERRACE HOMES • Current Property Listings • Market Activity • Community Links • Home Value Assessment
Johnathan and Angela-Marie, Would you like to receive the most accurate assessment of your home’s value? Give me a call or visit my site today!
TOTAL BATHS
EST. SQ. FT.*
LOT SIZE SQ. FT.
LIST PRICE**
4
5
3,200
37,346
$7,500,000
IRVINE TERRACE HOMES SOLD IN THE PAST 6 MONTHS
© GOOGLE 2021
www.HomesInIrvineTerrace.com
BEDS
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
730 Santana Drive
4
4
16
2,800
7,245
$1,194
$3,295,000
12
1914 Altura Drive
4
4
95
3,100
11,024
$1,198
$3,770,000
13
1009 Dolphin Terrace
4
3
205
3,300
12,150
$1,285
$4,200,000
14
1927 Kewamee Drive
4
4
10
3,000
8,000
$1,552
$4,600,000
15
2024 Altura Drive
4
4
119
4,000
11,016
$1,313
$5,280,000
16
712 Malabar Drive
4
5
105
2,900
11,400
$2,102
$6,095,000
17
2001 Kewamee Drive
4
4
15
4,300
9,000
$1,510
$6,500,000
18
2015 Sabrina Terrace
4
4
0
3,000
11,200
$2,457
$7,350,000
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 November 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. Paul Daftarian/Luxe Real Estate 2. Michael Hinderberger/Compass 3. Hunter Jack/Coldwell Banker Realty 4. Nancy Barfield/Villa Real Estate 5. Tim Smith/Coldwell Banker Realty 6. Vanessa Bastian/The Oppenheim Group 7. Brian C Furstenfeld/ The Oppenheim Group 8. Robert Giem/Compass 9. Richard Carter/Pacific Sotheby’S Int’L Realty 10. Steven Bud M Mastropaolo/The Address, Inc 11. Timothy Tamura/Valia Properties 12. Kendall Childs/Douglas Elliman Of California 13. Evan Corkett/Villa Real Estate 14. Leanne Boman/Berkshire Hathaway Homeservice 15. Debbie Millar/Arbor Real Estate 16. Leo Goldschwartz/Compass 17. Casey Lesher/Coldwell Banker Realty 18. Melanie Greiner/Re/Max One