Real Estate Market Update for Irvine, CA

Video: Real Estate Community Tour for Irvine, CA

See Real estate community tour for Irvine, CA
Welcome to September's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 5% from one year earlier, and down 9% 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 950-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 5%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 800-thousand dollars. The number of units sold increased 39% year-over-year, and increased 23% 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 Irvine, CA
Area Information for Irvine, CA
  • Population: 250,308
  • Median Age: 35.59 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 5
  • Sales Tax: 8%
  • Population Density: 3,804/sq mi
  • Population Change Since 2000: 68.51%
  • Closest Airport: John Wayne Airport-orange County
  • Closest College: Alliant International University-irvine
  • Closest Jr. College: Irvine Valley College
  • Median Household Income: $97,664
  • Annual Residential Turnover: 19%
  • Median Home Sales Price: $700,000
  • Closest Major Sports Team: Los Angeles Angels
  • Change Avg. Household Income Since 2000: 34.74%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Irvine, CA
Median Age: 35.59 Married: 41% Number of Households: 94,844 Households with Children: 30,654
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 School Rating Parent Rating
      Greentree Elementary School 0.6 mi Public K-6 4 0
      Childtime Learning Center 0.6 mi Private PRESCHOOL-K 0 0
      Early Childhood Learning Center 0.7 mi Public PRESCHOOL-PRESCHOOL 0 0
      Kindercare Learning Center Bear Paw 0.7 mi Private PRESCHOOL-PRESCHOOL 0 0
      Dream Land Preschool 0.7 mi Private PRESCHOOL-K 0 0
      Irvine High School 0.7 mi Public 9-12 5 4
      Lakeside Middle School 0.8 mi Public 7-8 5 0
      New Horizon School, Irvine 1.0 mi Private PRESCHOOL-6 0 0
      Stone Creek Elementary School 1.0 mi Public K-6 5 0
      Eastshore Elementary School 1.1 mi Public K-6 5 0
      College Park Elementary School 1.1 mi Public K-6 5 0
      Kindercare Learning Center #1763 Westpark 1.2 mi Private PRESCHOOL-K 0 0
      Venado Middle School 1.2 mi Public 7-8 5 0
      Deerfield Elementary School 1.2 mi Public K-6 5 0
      Mardan School Of Educational Therapy 1.2 mi Private K-12 0 0
      Northwood Elementary School 1.2 mi Public K-6 5 0
      Brywood Elementary School 1.3 mi Public K-6 5 0
      Jeffrey Trail Middle 1.4 mi Public 7-8 5 0
      Plaza Vista School 1.4 mi Public K-8 5 0
      Irvine Adult 1.5 mi Public - 0 0
      Woodbridge High School 1.6 mi Public 9-12 5 4
      Jenny Hart Early Education Center 1.6 mi Private PRESCHOOL-K 0 0
      Springbrook Elementary School 1.7 mi Public K-6 4 0
      Meadow Park School 1.8 mi Public K-6 5 0
      Oak Creek Elementary School 1.9 mi Public K-6 5 0
      Prestige Preschool Academy 1.9 mi Private PRESCHOOL-K 0 0
      Woodbury Cdc 1.9 mi Private K-6 0 0
      Woodbury Elementary School 1.9 mi Public K-6 5 0
      Sierra Vista Middle School 1.9 mi Public 7-8 5 0
      Portola Springs Elementary 1.9 mi Public K-6 0 0
      Creekside High School 1.9 mi Public 9-12 1 0
      Irvine Adult Transition Programs 1.9 mi Public - 0 0
      Alternative Education-san Joaquin High School 1.9 mi Public K-12 4 0
      Cypress Village Elementary 2.0 mi Public K-6 0 0
      St. Michael The Archangel Academy 2.0 mi Catholic K-12 0 0
      Culverdale Elementary School 2.1 mi Public K-6 4 0
      South Lake Middle School 2.2 mi Public 7-8 5 0
      Santiago Hills Elementary School 2.3 mi Public K-6 5 0
      Crean Lutheran High School 2.3 mi Private 9-12 0 3
      Tutor Time 2.4 mi Private PRESCHOOL-PRESCHOOL 0 0
      Rancho San Joaquin Middle School 2.5 mi Public 7-8 5 4
      Westpark Montessori School Of Irvine 2.5 mi Private PRESCHOOL-K 0 0
      Hicks Canyon Elementary School 2.5 mi Public PRESCHOOL-4 5 0
      Stonegate Elementary School 2.7 mi Public K-6 5 0
      Westpark Elementary School 2.7 mi Public PRESCHOOL-6 5 0
      Northwood Montessori Of Irvine 2.9 mi Private K-1 0 0
      University Park Elementary School 2.9 mi Public K-6 4 0
      Alderwood Elementary School 2.9 mi Public K-6 5 0
      Village Montessori Of Irvine School 3.0 mi Private PRESCHOOL-3 0 0
      Canyon View Elementary School 3.0 mi Public K-6 5 0
      Farm School 3.1 mi Private - 0 0
      Kindercare Learning Centers 3.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      Northwood High School 3.2 mi Public 9-12 5 4
      Irvine Montessori School 3.4 mi Private K-1 0 0
      Turtle Rock Private Kindergarten 3.4 mi Private PRESCHOOL-K 0 0
      Orchard Hills School 3.6 mi Public 5-8 5 0
      University High School 3.7 mi Public 9-12 5 4
      Turtle Rock Elementary School 3.7 mi Public K-6 5 0
      Bonita Canyon Elementary School 4.3 mi Public K-6 5 0
      University Montessori Of Irvine 4.7 mi Private PRESCHOOL-1 0 0
      Vista Verde 4.8 mi Public K-8 5 0
      Tarbut V'torah Community Day School 4.9 mi Private K-12 0 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 Irvine, 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.