Real Estate Market Update for 92782 (Tustin, CA)

Video: Real Estate Community Tour for 92782 (Tustin, CA)

See Real estate community tour for 92782 (Tustin, CA)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 10% from one year earlier, and up 4% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 950-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 16%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 730-thousand dollars. The number of units sold increased 38% year-over-year, and increased 18% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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.
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Map Information for 92782 (Tustin, CA)
Area Information for 92782 (Tustin, CA)
  • Population: 23,700
  • Median Age: 37.53 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 7,047/sq mi
  • Population Change Since 2000: 35.49%
  • Closest Airport: John Wayne Airport-orange County
  • Closest College: Devry University-irvine
  • Closest Jr. College: Irvine Valley College
  • Median Household Income: $100,513
  • Annual Residential Turnover: 18%
  • Median Home Sales Price: $619,000
  • Closest Major Sports Team: Anaheim Storm
  • Change Avg. Household Income Since 2000: 17.85%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 92782 (Tustin, CA)
Median Age: 37.53 Married: 44% Number of Households: 8,815 Households with Children: 3,555
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 92782 (Tustin, CA)

      School Name Distance Type Grades School Rating Parent Rating
      Tustin Ranch Elementary School 0.6 mi Public K-5 4 0
      Pioneer Middle School 1.9 mi Public 6-8 5 0
      Hillview High (continuation) School 2.2 mi Public 10-12 1 0
      Sycamore High (alternative) School 2.2 mi Public 9-12 0 0
      Peters Canyon Elementary School 2.4 mi Public PRESCHOOL-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 92782 (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.