I have a theory on why Woodbridge homes sell for so much.
Check out this one:
https://www.redfin.com/CA/Irvine/6-Bayview-92614/home/4692630
Went under contract in just a few days at $1.55m.
It's not FCB money that's keeping these homes high... but let's just say that there is a certain group of people who like to buy in Woodbridge. This particular model must have had an addition because the original flooplan is only 4br 2375sft but the listing has this as a 6br with 3218sft. That bedroom count is another hint at my theory.
The decor is crazy too, straight out of the 80s/90s... blue carpet and all.
There are few others in the south Woodbridge area like this that are ~$1.2m with very few updates... it has to be related to my theory.