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Irvine Business ~ From neighborhood stores to global companies. By Ian Hamilton, the Orange County Register

Irvine home sales up 13% over a year ago in late Nov.

December 12th, 2008, 6:39 pm · 2 Comments · posted by Cameron Bird

For the 22 business days ending November 21, DataQuick’s freshest home-buying stats show these trends in Irvine:

  • City sales totaled 151 - that’s +13% vs. a year ago. Countywide, sales were +51% vs. a year ago.
  • Of the city’s 8 ZIP codes, 5 had sales gains vs. a year ago while 3 had a gain in median selling price vs. a year ago.
  • All but 1 of Irvine’s 8 ZIP codes beat the -28.7% overall performance of the countywide median for the past year.

Here’s how the latest DataQuick report breaks down Irvine ZIPs; change is vs. a year ago:

ZIP code Median Year ago Change Sales Year ago Change
92602 $620,000 $658,174 -5.8% 25 9 177.8%
92603 $1,010,000 $748,703 34.9% 19 24 -20.8%
92604 $597,500 $604,146 -1.1% 12 16 -25.0%
92606 $595,000 $859,827 -30.8% 16 15 6.7%
92612 $558,000 $465,000 20.0% 20 27 -25.9%
92614 $425,000 $575,101 -26.1% 17 15 13.3%
92618 $723,750 $675,140 7.2% 19 24 -20.8%
92620 $625,000 $750,300 -16.7% 42 21 100.0%
Citywide $645,684 $659,582 -2.1% 170 151 13%
O.C. $410,000 $575,035 -28.7% 2,694 1,786 50.8%

• For more on overall Orange County home-buying trends, CLICK HERE!

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Posted in: HousingReal Estate
 
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