Irvine Housing Statistics

irvine123_IHB

irvine123_IHB

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<p>Any one know the following:</p>

<p>Total No. of total single family homes ? </p>

<p>Total No. of total condo / town homes? </p>

<p>Irvine city website sited 64500 as the total number of dwelling. I am not sure that is only homes / town homes, or it also includes apartments. </p>
 
<a href="http://www.dof.ca.gov/HTML/DEMOGRAP/ReportsPapers/Estimates/E5/E5-06/E-5text2.php">According to the dept. of finance</a>...





Total units 74,936.





Detached 27,631.





Attached 14,591.





2 to 4 units 4,966.





5 plus units (condos fall in this category as well as apartments) 26,726.
 
<p>Last night, I did some "research" out of curiousity. Homeseekers.com listed 1004 total homes for sale ( including homes in escrow) in Irvine below $ 2million . Below is a breakdown by price segments:</p>

<p>SF > $800K = 208</p>

<p>SF between $500K to $799 = 190</p>

<p>SF below $500K = 27</p>

<p>Condo and town homes at all price range 579 ( at least 40 to 50 of them are highrises condo). </p>

<p>This brings a total listing of 1004, with 425 SF and 579 Condo/townhomes.</p>

<p>Given the fact there are a total 27631 detached homes in Irvine, the % on the market is 1.5%. Does that sound like a lot from historical prospective? </p>

<p> If you look further for 2000 sq ft or larger homes, only 208 of them are available, with 15 of them are in escrow. Again, does that appear to be a lot from historical prospective after taking consideration of the recent incease of units. </p>

<p>I don't have a historical prospective. Maybe Graph can provide some insight. </p>

<p>Also, I am very curious about the no. of houses transacted in 2007, 2006, and 2005. I wish I have MLS in front of me, as this can be doen via MLS seaches. </p>

<p> </p>
 
<p>With the January sales figure of 135 units in Irvine, it looks like we had around 6.5 months of inventory to start the month:</p>

<p><a href="http://www.ipoplaya.com/stats.htm">http://www.ipoplaya.com/stats.htm</a></p>

<p>That uses the ziprealty inventory figure, which appears to be 50-60 units than homeseekers for some reason. January's sales were higher than both October and November counts, and there is considerably less listed inventory vs. those months.</p>
 
<p>I didn't include the 65 homes that are listed above $2 million. </p>

<p> I think it is important to seperate the single families and condos numbers to give more color. BTW, I think the median number for OC doesn't really mean much at all.</p>
 
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