Turtle Rock is one of the most sought after areas by home buyers at Irvine and had robust home selling with small number of listings and big market demand during the first six months of this year 2013.
Turtle Rock now has 24 homes now listed for sale – and average for sale listing price is $1,504,483.
8 of those sold homes are condo homes, and 16 of those for sale are single family detached properties.
Turtle Rock Irvine sold 8 homes during the past 30 days since October 20, 2013 – with average sold price of $1,151,500.
Average Turtle Rock home sold price during first six months of 2013 was $1,074,402 – so recent average sold price is in 7 percent higher.
Turtle Rock home selling has slowed down during the past thirty days, and it now has 4 months of market supply.
Market time for selling homes at Turtle Rock Irvine was rocket fast six months ago and has now moderated – with buyers getting some opportunity.
Average market market time to sell all Turtle Rock homes at this current rate of sale is 120 days – time it would theoretically take to sell all Turtle Rock homes at this pace.
Turtle Rock Irvine Home Sales update shows recent market moderation. Buyers are being more patient and have much better selection and opportunities as compared with first part of 2013.
By Harrison K. Long – Professional real estate representative, Realtor and real estate broker, Coldwell Banker Residential Brokerage, Newport Beach, Irvine and Orange County, CA – CA BRE 01410855. Source of some information is CRMLS and is for homes sold by all brokers and agents.