Irvine Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $709,900
    1% ( $3,988 ) vs Jul 2013
  • Median Sales Price
    $675,000
    1% ( $5,000 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $620,250
    9% ( $50,250 ) vs Jul 2013
  • Foreclosures 334
    Homes for Sale 697
    Recently Sold 1,389

Market Summary

There are currently 334 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 697.

In August, the number of properties that received a foreclosure filing in Irvine, CA was 13% lower than the previous month and 8% lower than the same time last year.

Home sales for July 2014 were down 21% compared with the previous month, and down 52% 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) $570,000 (Median Foreclosure Sales Price) $640,000 (Median Foreclosure Sales Price) $616,500 (Median Foreclosure Sales Price) $691,500 (Median Foreclosure Sales Price) $644,000 (Median Foreclosure 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) $664,500 (Median 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) $644,000 (Median Foreclosure 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) $664,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Santa Ana
136
39.8
% (y-o-y)
$442,500
7.9
% (y-o-y)
16.2%
19.5
% (y-o-y)
Mission Viejo
91
44.2
% (y-o-y)
$595,250
8.2
% (y-o-y)
14.4%
9.1
% (y-o-y)
Orange
88
38.9
% (y-o-y)
$555,000
4.7
% (y-o-y)
13.9%
13.8
% (y-o-y)
Newport Beach
83
27.8
% (y-o-y)
$1,499,000
10.2
% (y-o-y)
23.3%
30.0
% (y-o-y)
Garden Grove
76
51.9
% (y-o-y)
$438,000
5.5
% (y-o-y)
10.7%
8.6
% (y-o-y)
Aliso Viejo
74
28.2
% (y-o-y)
$493,000
17.8
% (y-o-y)
19.1%
2.7
% (y-o-y)
Laguna Hills
64
34.0
% (y-o-y)
$388,000
6.7
% (y-o-y)
20.1%
12.8
% (y-o-y)
Tustin
47
42.0
% (y-o-y)
$595,000
8.8
% (y-o-y)
16.8%
25.5
% (y-o-y)
Costa Mesa
45
57.5
% (y-o-y)
$650,000
4.8
% (y-o-y)
9.6%
21.0
% (y-o-y)
Lake Forest
43
55.2
% (y-o-y)
$508,500
5.8
% (y-o-y)
35.5%
13.9
% (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: 4.30%
Percentage of vacant homes: 5.91%