Irvine Housing Blog

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A Look at Some Housing Stats for Irvine and Surrounding Cities: Nov 2013 Update Posted: 06 Nov 2013 04:00 AM PST One of my posts from July of this year provided stats on the Irvine housing market and some surrounding cities. Today we will take an updated look at these numbers. These two sets of numbers can be used to do some then-and-now comparison. The following numbers are for the ninety days that precede November 3. What is your conclusion? Has the local housing market gone up, down, or sideways? Area Median List Price Median Sale to List Price Avg # of Offers Avg Down Payment # Homes Sold Irvine $759,000/ $424 per SF 98.3%  2.2 21.50% 728  Lake Forest $568,000/ $331 per SF 99.3%  1.1 12.30% 223  Tustin $635,000/ $355 per SF 98.60% 1.5 38.9%  165 Orange $599,000/ $326 per SF 98.8%   2.3  25.9% 339  Santa Ana $395,000/ $307 per SF 99.90% 1.8 14.70% 399 Costa Mesa $722,500/ $437 per SF  98.1% 2.0  20.8%  196  Newport Beach $2,300,000/ $932 per SF  96.8%  2.1 29.7%  358  Orange County $674,900/ $368 per SF 98.3%   2.3  20.5% 8,000  Source: redfin.com

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