Real Estate Market Update for 92780 (Tustin, CA)

Video: Real Estate Community Tour for 92780 (Tustin, CA)

See Real estate community tour for 92780 (Tustin, CA)
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was up 10% from one year earlier, and up 10% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was 570-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 23%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 590-thousand dollars. The number of units sold decreased 17% year-over-year, and increased 3% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for 92780 (Tustin, CA)
Area Information for 92780 (Tustin, CA)
  • Population: 60,283
  • Median Age: 34.63 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 8,644/sq mi
  • Population Change Since 2000: 8.81%
  • Closest Airport: John Wayne Airport-orange County
  • Closest College: Alliant International University-irvine
  • Closest Jr. College: Fashion Inst Design And Merchandise
  • Median Household Income: $66,395
  • Annual Residential Turnover: 17%
  • Median Home Sales Price: $545,000
  • Closest Major Sports Team: Los Angeles Angels
  • Change Avg. Household Income Since 2000: 43.27%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 92780 (Tustin, CA)
Median Age: 34.63 Married: 37% Number of Households: 19,391 Households with Children: 7,251
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 92780 (Tustin, CA)

      School Name Distance Type Grades School Rating Parent Rating
      Tustin High School 0.1 mi Public 9-12 4 3
      Tustin Adult Education 0.2 mi Public - 0 0
      C. C. Lambert Elementary School 0.3 mi Public K-5 1 0
      Benjamin F. Beswick Elementary School 0.3 mi Public K-5 2 0
      First School Montessori 0.3 mi Private PRESCHOOL-K 0 0
      Newport Avenue Preschool And Kindergarten 0.4 mi Private PRESCHOOL-K 0 0
      Marjorie Veeh Elementary School 0.5 mi Public K-5 1 0
      Edgewood Preprimary Academy 0.5 mi Private PRESCHOOL-K 0 0
      Arroyo Elementary School 0.6 mi Public K-5 5 0
      Ladera Elementary School 0.6 mi Public K-5 5 0
      Red Hill Elementary School 0.6 mi Public K-5 5 0
      W. R. Nelson Elementary School 0.6 mi Public K-5 3 0
      Arnold O. Beckman High School 0.6 mi Public 9-12 5 4
      A. G. Currie Middle School 0.6 mi Public 6-8 2 0
      St. Cecilia Elementary School 0.8 mi Catholic PRESCHOOL-8 0 0
      Jeane Thorman Elementary School 0.8 mi Public K-5 1 0
      C. E. Utt Middle School 0.8 mi Public 6-8 3 0
      Red Hill Lutheran 0.8 mi Private PRESCHOOL-8 0 0
      Spirit Academy 1.0 mi Private K-12 0 0
      Helen Estock Elementary School 1.0 mi Public PRESCHOOL-5 2 0
      Columbus Tustin Middle School 1.1 mi Public 6-8 3 0
      Grace Harbor School 1.1 mi Private K-6 0 0
      Robert Heideman Elementary School 1.2 mi Public K-5 1 0
      Saint Jeanne De Lestonnac School 1.2 mi Catholic PRESCHOOL-8 0 0
      Barbara Benson Elementary School 1.3 mi Public K-5 4 0
      Myford Elementary School 2.4 mi Public K-5 5 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 92780 (Tustin, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.