Real Estate Market Update for Irvine, CA
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Welcome to our monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 72% from one year earlier and down 15% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just under 750-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 50% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just over 610-thousand dollars. Overall, The number of units sold Increased 29% year-over-year and Increased 68% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. 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.
Map Information for Irvine, CA
Area Information for Irvine, CA
  • Population: 213,600
  • Median Age: 35.49 yr
  • Median Commute Time: 18.54 mins
  • Educational Climate*: 5
  • Recycling Likelihood**: 124
  • Sales Tax: 5%
  • Population Density: 3,222/sq mi
  • Population Change Since 2000: 45%
  • Closest Airport: John Wayne Airport-orange County
  • Closest College: Concordia University
  • Closest Jr. College: Irvine Valley College
  • Median Household Income: $95,858
  • Annual Residential Turnover: 32.85%
  • Median Years in Residence: 2.17 yr
  • Median Home Sales Price: $530,000
  • Closest Major Sports Team: Los Angeles Angels Of Anaheim
  • Change Avg. Household Income Since 2000: 31%
* Scale from 1-5   ** Index where 100 is the national average
Demographic Data for Irvine, CA
Median Age: 35.49 Married: 40% Number of Households: 79,190 Households with Children: 26,117
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 Irvine, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Greentree Elementary School 0.5 mi Public K - 6 4-5 4
      Irvine High School 0.7 mi Public 9 - 12 5 4
      Lakeside Middle School 0.8 mi Public 7 - 9 5 4
      Stone Creek Elementary School 1.0 mi Public K - 6 5 5
      Eastshore Elementary School 1.0 mi Public K - 6 5 4
      New Horizon Elementary School 1.1 mi Private K - 6 0 5
      College Park Elementary School 1.1 mi Public K - 6 4-5 4
      Mardan Center Of Education Therapy 1.2 mi Private SPECIAL EDUCATION 0 0
      Northwood Elementary School 1.2 mi Public K - 6 4-5 4
      Venado Middle School 1.2 mi Public 7 - 9 5 3
      Deerfield Elementary School 1.2 mi Public K - 6 5 4
      Brywood Elementary School 1.3 mi Public K - 6 4-5 4
      Plaza Vista School 1.4 mi Public K - 8 5 5
      Lutheran South High School 1.6 mi Private 9 - 12 0 0
      Woodbridge High School 1.6 mi Public 9 - 12 5 4
      Springbrook Elementary School 1.7 mi Public K - 6 4-5 4
      Oak Creek Elementary School 1.8 mi Public K - 6 5 5
      Meadow Park Elementary School 1.8 mi Public K - 6 5 5
      Arnold O Beckman High School 1.9 mi Public 9 - 12 5 4
      Sierra Vista Middle School 1.9 mi Public 7 - 9 5 4
      Creekside High School 2.0 mi Public 9 - 12 2 3
      Irvine Adult School 2.0 mi Public ADULT EDUCATION 0 0
      Woodbury Elementary 2.0 mi Public K - 6 5 0
      Culverdale Elementary School 2.1 mi Public K - 6 4 4
      South Lake Middle School 2.2 mi Public 7 - 9 5 4
      Santiago Hills Elementary School 2.3 mi Public K - 6 5 4
      Rancho San Joaquin Middle School 2.5 mi Public 7 - 9 5 4
      Westpark Elementary School 2.8 mi Public K - 6 4-5 4
      Stonegate Elementary School 2.8 mi Public K - 6 5 5
      Seastar School 2.8 mi Private SPECIAL EDUCATION 0 0
      Alderwood Basics Plus School 2.8 mi Public K - 6 5 0
      University Park Elementary School 2.9 mi Public K - 6 4 3
      Village Montessori School 3.0 mi Private K - 3 0 4
      Myford Elementary School 3.0 mi Public K - 5 5 4
      Canyon View Elementary School 3.0 mi Public K - 6 5 4
      Northwood High School 3.2 mi Public 9 - 12 5 4
      Hicks Canyon Elementary School 3.2 mi Public K - 5 5 5
      University High School 3.7 mi Public 9 - 12 5 4
      Turtle Rock Elementary School 3.7 mi Public K - 6 5 4
      Orchard Hills Elementary School 3.8 mi Public 5 - 8 0 0
      Bonita Canyon Elementary School 4.3 mi Public K - 6 5 5
      Vista Verde K8 School 4.8 mi Public K - 8 5 4
      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: GreatSchools.org and Onboard Informatics © 2010
      Local Weather for Irvine, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2013 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.