Irvine Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $699,900
    1% ( $10,000 ) vs Aug 2013
  • Median Sales Price
    $675,000
    0% ( $0 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $620,250
    0% ( $0 ) vs Aug 2013
  • Foreclosures 330
    Homes for Sale 701
    Recently Sold 1,462

Market Summary

There are currently 330 properties in Irvine, CA that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 701.

In September, the number of properties that received a foreclosure filing in Irvine, CA was 91% higher than the previous month and 25% higher than the same time last year.

Home sales for August 2014 were up 43% compared with the previous month, and down 43% compared with a year ago. The median sales price of a non-distressed home was $675,000. The median sales price of a foreclosure home was $620,250, or 8% lower than non-distressed home sales.

Sales Prices - Irvine, CA




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$620,250 (Median Foreclosure Sales Price) $620,250 (Median Foreclosure Sales Price) $570,000 (Median Foreclosure Sales Price) $640,000 (Median Foreclosure Sales Price) $616,500 (Median Foreclosure Sales Price) $691,500 (Median Foreclosure Sales Price) $675,000 (Median Sales Price) $675,000 (Median Sales Price) $670,000 (Median Sales Price) $657,500 (Median Sales Price) $665,000 (Median Sales Price) $664,000 (Median Sales Price) $620,250 (Median Foreclosure Sales Price) $620,250 (Median Foreclosure Sales Price) $570,000 (Median Foreclosure Sales Price) $640,000 (Median Foreclosure Sales Price) $616,500 (Median Foreclosure Sales Price) $691,500 (Median Foreclosure Sales Price) $675,000 (Median Sales Price) $675,000 (Median Sales Price) $670,000 (Median Sales Price) $657,500 (Median Sales Price) $665,000 (Median Sales Price) $664,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Santa Ana
111
51.5
% (y-o-y)
$442,500
13.5
% (y-o-y)
15.3%
10.0
% (y-o-y)
Orange
103
30.9
% (y-o-y)
$558,000
3.3
% (y-o-y)
11.7%
16.7
% (y-o-y)
Mission Viejo
97
41.2
% (y-o-y)
$579,500
3.3
% (y-o-y)
2.0%
7.5
% (y-o-y)
Garden Grove
86
39.9
% (y-o-y)
$430,000
3.4
% (y-o-y)
6.7%
12.6
% (y-o-y)
Tustin
69
14.8
% (y-o-y)
$597,000
8.5
% (y-o-y)
16.2%
26.4
% (y-o-y)
Newport Beach
68
28.4
% (y-o-y)
$1,500,000
15.5
% (y-o-y)
20.0%
6.5
% (y-o-y)
Laguna Hills
63
41.1
% (y-o-y)
$355,000
1.0
% (y-o-y)
12.7%
8.4
% (y-o-y)
Aliso Viejo
61
36.5
% (y-o-y)
$489,500
14.9
% (y-o-y)
19.4%
5.6
% (y-o-y)
Costa Mesa
61
40.8
% (y-o-y)
$650,000
4.0
% (y-o-y)
Data not available
Lake Forest
45
41.6
% (y-o-y)
$505,000
1.0
% (y-o-y)
44.8%
7.0
% (y-o-y)

Local Info For Irvine

Population:
199,117
Cost of Living Index: 156.44
Crime Index: 24.20     Rating: A View crime details
Schools: 37    Average School Rating: A View individual school rating
Household Median Income: $90,939
Unemployment: 4.00%
Percentage of vacant homes: 5.91%