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Irvine homes prices and sales - early July
July 30th, 2008, 12:27 pm · Post a Comment · posted by Brian Martinez
The median price for all Irvine homes for the 22 business days ending July 9 was $648,287 – down 12.6 percent from $742,011 in the same period a year ago. The number of Irvine homes sold decreases 25 percent - from 244 to 183.
Countywide, the $477,000 median is down 26.6 percent from a year ago, while sales are down 1.7 percent.
| ZIP code | Median | Year ago | Change | Sales | Year ago | Change |
|---|---|---|---|---|---|---|
| 92602 | $614,500 | $750,305 | -18.10% | 28 | 27 | 3.70% |
| 92603 | $825,000 | $998,789 | -17.40% | 29 | 39 | -25.60% |
| 92604 | $532,500 | $625,000 | -14.80% | 17 | 25 | -32.00% |
| 92606 | $520,000 | $588,901 | -11.70% | 17 | 28 | -39.30% |
| 92612 | $535,000 | $672,956 | -20.50% | 17 | 42 | -59.50% |
| 92614 | $525,000 | $554,968 | -5.40% | 16 | 21 | -23.80% |
| 92618 | $626,000 | $927,407 | -32.50% | 23 | 18 | 27.80% |
| 92620 | $770,000 | $752,688 | 2.30% | 36 | 44 | -18.20% |
| Citywide | $648,287 | $742,011 | -12.60% | 183 | 244 | -25% |
| O.C. | $477,000 | $649,864 | -26.60% | 2,697 | 2,744 | -1.70% |
The citywide medians listed are weighted average medians derived from ZIP code totals and other core data provided by DataQuick. The median is where half the homes sold for more and half for less. Types of homes selling, as well as home value changes, cause the median to change
More Irvine real estate content
- Irvine called 4th best place to live in U.S.
- Irvine home sales down 39% in June; median price down 15.4%
- New urban, Caribbean-style residences now leasing
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