Irvine home sales down 13% over last November

December 16th, 2008, 5:36 pm · Post a Comment · posted by Cameron Bird

It seems like just yesterday that DataQuick unleashed its end-of-November home-buying stats. Well, today’s numbers for the entire calendar month November paint a fresh picture of the Irvine housing market. Here are the trends:

The -31.4% fall of home sales countywide eclipsed the -4.9% fall in Irvine.
All of Irvine’s 8 ZIPs beat the -31.4% overall performance of the countywide median for the past year.
3 of the city’s 8 zips had sales gains vs. last November.
The media sales price in 92612 climbed a whopping 97.9% vs. the median a year ago.

ZIP code	Median	Year ago	Change	Sales	Year ago	Change
92602	$660,000	$661,986	-0.3%	13	8	62.5%
92603	$941,500	$779,387	20.8%	14	22	-36.4%
92604	$610,000	$630,165	-3.2%	7	12	-41.7%
92606	$480,000	$845,070	-43.2%	9	14	-35.7%
92612	$812,500	$410,561	97.9%	12	22	-45.5%
92614	$427,500	$649,696	-34.2%	12	10	20.0%
92618	$743,000	$742,258	0.1%	15	23	-34.8%
92620	$625,000	$892,857	-30.0%	32	20	60.0%
Citywide	$669,965	$704,493	-4.9%	114	131	-13%
O.C.	$400,000	$583,090	-31.4%	2,177	1,567	38.9%