Irvine Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $700,000
    0% ( $1,000 ) vs Jan 2014
  • Median Sales Price
    $680,000
    2% ( $14,000 ) vs Jan 2014
  • Median Foreclosure Sales Price
    $562,500
    13% ( $87,500 ) vs Jan 2014
  • Foreclosures 247
    Homes for Sale 472
    Recently Sold 923

Market Summary

There are currently 247 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 472.

In February, the number of properties that received a foreclosure filing in Irvine, CA was 6% higher than the previous month and 8% lower than the same time last year.

Home sales for January 2015 were down 15% compared with the previous month, and up 26% compared with a year ago. The median sales price of a non-distressed home was $680,000. The median sales price of a foreclosure home was $562,500, or 17% lower than non-distressed home sales.

Sales Prices - Irvine, CA




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$562,500 (Median Foreclosure Sales Price) $650,000 (Median Foreclosure Sales Price) $665,000 (Median Foreclosure Sales Price) $747,500 (Median Foreclosure Sales Price) $712,500 (Median Foreclosure Sales Price) $627,500 (Median Foreclosure Sales Price) $680,000 (Median Sales Price) $694,000 (Median Sales Price) $680,000 (Median Sales Price) $680,000 (Median Sales Price) $675,000 (Median Sales Price) $675,000 (Median Sales Price) $562,500 (Median Foreclosure Sales Price) $650,000 (Median Foreclosure Sales Price) $665,000 (Median Foreclosure Sales Price) $747,500 (Median Foreclosure Sales Price) $712,500 (Median Foreclosure Sales Price) $627,500 (Median Foreclosure Sales Price) $680,000 (Median Sales Price) $694,000 (Median Sales Price) $680,000 (Median Sales Price) $680,000 (Median Sales Price) $675,000 (Median Sales Price) $675,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Santa Ana
108
9.2
% (y-o-y)
$450,000
12.8
% (y-o-y)
14.4%
5.6
% (y-o-y)
Orange
92
15.0
% (y-o-y)
$564,500
5.4
% (y-o-y)
4.9%
14.0
% (y-o-y)
Mission Viejo
75
11.8
% (y-o-y)
$565,000
3.4
% (y-o-y)
Data not available
Tustin
71
61.4
% (y-o-y)
$579,000
3.9
% (y-o-y)
22.9%
14.8
% (y-o-y)
Garden Grove
66
18.5
% (y-o-y)
$455,000
9.6
% (y-o-y)
9.7%
12.5
% (y-o-y)
Laguna Hills
65
32.7
% (y-o-y)
$330,000
4.3
% (y-o-y)
Data not available
Costa Mesa
59
43.9
% (y-o-y)
$635,000
1.0
% (y-o-y)
Data not available
Newport Beach
57
18.8
% (y-o-y)
$1,560,000
11.4
% (y-o-y)
19.9%
7.1
% (y-o-y)
Aliso Viejo
51
1.9
% (y-o-y)
$475,000
8.1
% (y-o-y)
29.2%
15.0
% (y-o-y)
Lake Forest
40
2.6
% (y-o-y)
$500,000
2.9
% (y-o-y)
12.0%
0.3
% (y-o-y)

Local Info For Irvine

Population:
199,117
Cost of Living Index: 156.44
Crime Index: 27.51     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%