Special offer

Sold month-to-date in Woodbridge

By
Real Estate Agent with Coldwell Banker Realty DRE# 01411020

The total number of Woodbridge "closed sales" so far this month is.... zero.

There are 16 Woodbridge homes in "backup offer" status, and there are 9 "pending". Now as 15 of these 25 homes have special conditions like "short sale", "in foreclosure", (and others), it's unlikely that they will close in 30 - 45 days, like we see in normal markets.

Last month, 10 homes sold and hopefully we'll at least match that number in the next 10 days before month-end.

How many Woodbridge condos and SFR homes are currently for sale, you ask? Well, there are 49, (37 condos & 12 SFR). At the beginning of the month, there were 57 Woodbridge properties for sale on the MLS.


So if 10 homes sell again this month, and we assume 10 will sell each month for a while, there is a 5 month inventory of Woodbridge homes for sale. Of course more homes will be listed, and some will be taken off the market.
Search for Woodbridge Irvine homes by map.





It's still very clear that there are a lot more sellers than there are buyers, so our "buyer's market" is here for a while.