Irvine Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $718,000
    4% ( $25,500 ) vs May 2013
  • Median Sales Price
    $657,500
    1% ( $7,500 ) vs May 2013
  • Median Foreclosure Sales Price
    $640,000
    4% ( $23,500 ) vs May 2013
  • Foreclosures 302
    Homes for Sale 393
    Recently Sold 1,481

Market Summary

There are currently 302 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 393.

In June, the number of properties that received a foreclosure filing in Irvine, CA was 27% higher than the previous month and 5% higher than the same time last year.

Home sales for May 2014 were up 17% compared with the previous month, and down 40% compared with a year ago. The median sales price of a non-distressed home was $657,500. The median sales price of a foreclosure home was $640,000, or 3% lower than non-distressed home sales.

Sales Prices - Irvine, CA




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$640,000 (Median Foreclosure Sales Price) $616,500 (Median Foreclosure Sales Price) $691,500 (Median Foreclosure Sales Price) $644,000 (Median Foreclosure Sales Price) $638,000 (Median Foreclosure Sales Price) $570,000 (Median Foreclosure Sales Price) $657,500 (Median Sales Price) $665,000 (Median Sales Price) $664,000 (Median Sales Price) $664,500 (Median Sales Price) $650,000 (Median Sales Price) $647,500 (Median 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) $638,000 (Median Foreclosure Sales Price) $570,000 (Median Foreclosure Sales Price) $657,500 (Median Sales Price) $665,000 (Median Sales Price) $664,000 (Median Sales Price) $664,500 (Median Sales Price) $650,000 (Median Sales Price) $647,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Santa Ana
172
40.7
% (y-o-y)
$425,000
9.0
% (y-o-y)
14.1%
23.1
% (y-o-y)
Orange
127
21.1
% (y-o-y)
$549,000
7.1
% (y-o-y)
14.2%
22.0
% (y-o-y)
Aliso Viejo
110
19.7
% (y-o-y)
$506,000
17.1
% (y-o-y)
1.4%
9.0
% (y-o-y)
Mission Viejo
109
35.5
% (y-o-y)
$594,500
10.1
% (y-o-y)
4.1%
9.3
% (y-o-y)
Garden Grove
108
43.5
% (y-o-y)
$440,000
11.4
% (y-o-y)
4.5%
8.0
% (y-o-y)
Costa Mesa
96
23.2
% (y-o-y)
$641,000
6.8
% (y-o-y)
8.3%
15.8
% (y-o-y)
Newport Beach
91
39.3
% (y-o-y)
$1,530,000
17.0
% (y-o-y)
23.7%
40.7
% (y-o-y)
Lake Forest
71
16.5
% (y-o-y)
$537,000
0.1
% (y-o-y)
6.9%
14.4
% (y-o-y)
Laguna Hills
69
31.7
% (y-o-y)
$415,000
20.3
% (y-o-y)
Data not available
Tustin
65
35.0
% (y-o-y)
$555,000
7.1
% (y-o-y)
11.1%
15.1
% (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: 3.70%
Percentage of vacant homes: 5.91%