Homebuying in Irvine in the third quarter rose as 1,083 residences sold vs. 957 a year ago, according to CoreLogic. That's a sales gain of 13.2 percent.
Here are 15 real estate trends in and around Irvine from the summertime report:
1. Irvine ZIP code 92602 -- 110 homes sold in the period vs. 121 a year ago. That's a sales loss of 9.1 percent. Median selling price of $830,000 vs. $1,000,000 a year ago, a loss of 17 percent.
2. Irvine ZIP 92603 -- 102 homes sold vs. 109 a year ago. That's a sales loss of 6.4 percent. Median of $1,175,000 vs. $1,050,000 a year ago, a gain of 11.9 percent.
3. Irvine ZIP 92604 -- 77 homes sold vs. 96 a year ago. That's a sales loss of 19.8 percent. Median of $720,000 vs. $681,000 a year ago, a gain of 5.7 percent.
4. Irvine ZIP 92606 -- 40 homes sold vs. 49 a year ago. That's a sales loss of 18.4 percent. Median of $702,250 vs. $680,000 a year ago, a gain of 3.3 percent.
5. Irvine ZIP 92612 -- 98 homes sold vs. 99 a year ago. That's a sales loss of 1 percent. Median of $595,000 vs. $650,000 a year ago, a loss of 8.5 percent.
6. Irvine ZIP 92614 -- 66 homes sold vs. 80 a year ago. That's a sales loss of 17.5 percent. Median of $570,000 vs. $552,000 a year ago, a gain of 3.3 percent.
7. Irvine ZIP 92618 -- 329 homes sold vs. 178 a year ago. That's a sales gain of 84.8 percent. Median of $838,000 vs. $706,000 a year ago, a gain of 18.7 percent.
8. Irvine ZIP 92620 -- 261 homes sold vs. 225 a year ago. That's a sales gain of 16 percent. Median of $798,000 vs. $790,000 a year ago, a gain of 1 percent.
And here's some countywide trends of note for the July-to-September period:
9. Orange County median price for the quarter was $643,000 -- up 4.9 percent or $30,000 in a year!
10. Countywide sales were 10,077 -- up 0.2 percent in a year!
11. Local single-family home sales totaled 6,111 -- down 3.9 percent from a year ago. Median selling price was $705,000 -- up 3.7 percent from a year ago.
12. Resales of O.C. condos were 2,920 -- down 0.7 percent from a year ago. Median selling price was $450,000 -- up 5.4 percent from a year ago.
13. Builder sales in the county were 1,046 -- up 38 percent from a year ago. Median selling price was $820,000 -- down 0.6 percent from a year ago.
14. In Orange County's 27 least expensive ZIPs -- median sales price at $568,750 and below -- 2,754 homes sold. That's down 5.6 percent compared to a year ago.
15. In the 27 priciest ZIPs -- median sales price beginning at $705,000 -- 3,147 homes sold. That's up 8.9 percent compared to a year ago.
http://www.ocregister.com/articles/irvine-736812-third-quarter.html
Here are 15 real estate trends in and around Irvine from the summertime report:
1. Irvine ZIP code 92602 -- 110 homes sold in the period vs. 121 a year ago. That's a sales loss of 9.1 percent. Median selling price of $830,000 vs. $1,000,000 a year ago, a loss of 17 percent.
2. Irvine ZIP 92603 -- 102 homes sold vs. 109 a year ago. That's a sales loss of 6.4 percent. Median of $1,175,000 vs. $1,050,000 a year ago, a gain of 11.9 percent.
3. Irvine ZIP 92604 -- 77 homes sold vs. 96 a year ago. That's a sales loss of 19.8 percent. Median of $720,000 vs. $681,000 a year ago, a gain of 5.7 percent.
4. Irvine ZIP 92606 -- 40 homes sold vs. 49 a year ago. That's a sales loss of 18.4 percent. Median of $702,250 vs. $680,000 a year ago, a gain of 3.3 percent.
5. Irvine ZIP 92612 -- 98 homes sold vs. 99 a year ago. That's a sales loss of 1 percent. Median of $595,000 vs. $650,000 a year ago, a loss of 8.5 percent.
6. Irvine ZIP 92614 -- 66 homes sold vs. 80 a year ago. That's a sales loss of 17.5 percent. Median of $570,000 vs. $552,000 a year ago, a gain of 3.3 percent.
7. Irvine ZIP 92618 -- 329 homes sold vs. 178 a year ago. That's a sales gain of 84.8 percent. Median of $838,000 vs. $706,000 a year ago, a gain of 18.7 percent.
8. Irvine ZIP 92620 -- 261 homes sold vs. 225 a year ago. That's a sales gain of 16 percent. Median of $798,000 vs. $790,000 a year ago, a gain of 1 percent.
And here's some countywide trends of note for the July-to-September period:
9. Orange County median price for the quarter was $643,000 -- up 4.9 percent or $30,000 in a year!
10. Countywide sales were 10,077 -- up 0.2 percent in a year!
11. Local single-family home sales totaled 6,111 -- down 3.9 percent from a year ago. Median selling price was $705,000 -- up 3.7 percent from a year ago.
12. Resales of O.C. condos were 2,920 -- down 0.7 percent from a year ago. Median selling price was $450,000 -- up 5.4 percent from a year ago.
13. Builder sales in the county were 1,046 -- up 38 percent from a year ago. Median selling price was $820,000 -- down 0.6 percent from a year ago.
14. In Orange County's 27 least expensive ZIPs -- median sales price at $568,750 and below -- 2,754 homes sold. That's down 5.6 percent compared to a year ago.
15. In the 27 priciest ZIPs -- median sales price beginning at $705,000 -- 3,147 homes sold. That's up 8.9 percent compared to a year ago.
http://www.ocregister.com/articles/irvine-736812-third-quarter.html