Real Estate Market Update for Tustin, CA
Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 5% from one year earlier, and down 18% 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 over 600-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 14%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 540-thousand dollars. The number of units sold decreased 14% year-over-year, and decreased 3% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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 Tustin, CA
Area Information for Tustin, CA
  • Population: 77,031
  • Median Age: 32.81 yr
  • Median Commute Time: 19.77 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 6,951/sq mi
  • Population Change Since 2000: 14.31%
  • Closest Airport: John Wayne Airport-orange County
  • Closest College: Alliant International University-irvine
  • Closest Jr. College: Fashion Inst Design And Merchandise
  • Median Household Income: $74,813
  • Annual Residential Turnover: 34.76%
  • Median Years in Residence: 1.92 yr
  • Median Home Sales Price: $427,550
  • Closest Major Sports Team: Angels
  • Change Avg. Household Income Since 2000: 35%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Tustin, CA
Median Age: 32.81 Married: 32% Number of Households: 25,550 Households with Children: 10,788
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 Tustin, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Marjorie Veeh Elementary School 0.1 mi Public K-5 1 3
      C. E. Utt Middle School 0.2 mi Public 6-8 4 4
      First School Montessori 0.3 mi Private PRESCHOOL-K 0 0
      Red Hill Lutheran 0.5 mi Private PRESCHOOL-8 0 4
      Tustin High School 0.6 mi Public 9-12 3-5 3
      C. C. Lambert Elementary School 0.7 mi Public K-5 2 4
      Sycamore High (alternative) School 0.7 mi Public 9-12 0 0
      Edgewood Preprimary Academy 0.7 mi Private PRESCHOOL-K 0 4
      Benjamin F. Beswick Elementary School 0.7 mi Public K-5 3 3
      Spirit Academy 0.8 mi Private K-12 0 5
      Newport Avenue Preschool And Kindergarten 0.8 mi Private PRESCHOOL-K 0 0
      Grace Harbor School 1.1 mi Private K-5 0 4
      Barbara Benson Elementary School 1.1 mi Public K-5 3-5 4
      Robert Heideman Elementary School 1.2 mi Public K-5 2 4
      W. R. Nelson Elementary School 1.2 mi Public K-5 3 3
      Columbus Tustin Middle School 1.2 mi Public 6-8 3-5 3
      Arroyo Elementary School 1.2 mi Public K-5 5 5
      Ladera Elementary School 1.2 mi Public PRESCHOOL-5 4-5 5
      A. G. Currie Middle School 1.2 mi Public 6-8 3 4
      Jeane Thorman Elementary School 1.2 mi Public K-8 1 4
      St. Cecilia Elementary School 1.2 mi Catholic PRESCHOOL-8 0 5
      Tustin Ranch Elementary School 1.3 mi Public K-5 4 4
      Helen Estock Elementary School 1.5 mi Public K-5 1 4
      Myford Elementary School 1.8 mi Public K-5 5 4
      Saint Jeanne De Lestonnac School 1.9 mi Catholic PRESCHOOL-8 0 4
      Pioneer Middle School 2.2 mi Public 6-8 4-5 4
      Hillview High (continuation) School 2.5 mi Public 10-12 1 4
      Peters Canyon Elementary School 2.6 mi Public K-5 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 © 2014
      Local Weather for Tustin, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.