Irvine Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $715,944
    2% ( $15,950 ) vs Jun 2013
  • Median Sales Price
    $670,000
    2% ( $12,500 ) vs Jun 2013
  • Median Foreclosure Sales Price
    $570,000
    11% ( $70,000 ) vs Jun 2013
  • Foreclosures 308
    Homes for Sale 681
    Recently Sold 1,406

Market Summary

There are currently 308 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 681.

In July, the number of properties that received a foreclosure filing in Irvine, CA was 7% lower than the previous month and 30% higher than the same time last year.

Home sales for June 2014 were down 22% compared with the previous month, and down 53% compared with a year ago. The median sales price of a non-distressed home was $670,000. The median sales price of a foreclosure home was $570,000, or 15% lower than non-distressed home sales.

Sales Prices - Irvine, CA




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$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) $638,000 (Median Foreclosure 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) $650,000 (Median 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) $638,000 (Median Foreclosure 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) $650,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Santa Ana
141
46.4
% (y-o-y)
$435,000
8.8
% (y-o-y)
18.4%
16.3
% (y-o-y)
Orange
113
24.2
% (y-o-y)
$555,000
6.2
% (y-o-y)
18.9%
21.3
% (y-o-y)
Mission Viejo
109
23.8
% (y-o-y)
$600,000
10.1
% (y-o-y)
8.8%
2.7
% (y-o-y)
Garden Grove
92
48.0
% (y-o-y)
$440,000
7.3
% (y-o-y)
11.4%
8.5
% (y-o-y)
Newport Beach
87
30.4
% (y-o-y)
$1,467,500
7.1
% (y-o-y)
23.9%
36.3
% (y-o-y)
Laguna Hills
65
33.0
% (y-o-y)
$375,500
5.0
% (y-o-y)
17.4%
2.6
% (y-o-y)
Aliso Viejo
65
41.4
% (y-o-y)
$505,000
18.8
% (y-o-y)
3.0%
4.6
% (y-o-y)
Costa Mesa
61
45.0
% (y-o-y)
$635,000
4.1
% (y-o-y)
9.4%
21.3
% (y-o-y)
Tustin
58
38.9
% (y-o-y)
$556,000
4.1
% (y-o-y)
16.8%
15.7
% (y-o-y)
Lake Forest
56
40.4
% (y-o-y)
$530,000
0.8
% (y-o-y)
5.7%
12.3
% (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: 3.90%
Percentage of vacant homes: 5.91%