Latest Headlines on OCRegister.com
[x] Close
Irvine Business ~ From neighborhood stores to global companies. By Ian Hamilton, the Orange County Register

Archive for the 'DataQuick' Tag

« Previous Entries

Falling Irvine home sales contrast county gains

March 17th, 2009, 11:42 am by Cameron Bird

Irvine home prices and sale continued descending in February, according to the freshest stats from DataQuick.

A brighter spot: countywide, home prices rose for the first time since June, Lansner on Homes reports.

Here’s how it breaks down in Irvine:

ZIP code Median Year ago Change Sales Year ago Change
92602 $500,000 $703,500 -28.9% 10 19 -47.4%
92603 $759,000 $780,000 -2.7% 18 14 28.6%
92604 $495,000 $586,000 -15.5% 11 15 -26.7%
92606 $546,000 $763,000 -28.4% 7 15 -53.3%
92612 $317,500 $407,500 -22.1% 14 23 -39.1%
92614 $397,500 $458,500 -13.3% 7 11 -36.4%
92618 $337,500 $573,000 -41.1% 2 24 -91.7%
92620 $645,000 $626,500 3.0% 31 36 -13.9%
Citywide $558,265 $606,646 -8.0% 100 157 -36%
O.C. $375,000 $520,000 -27.9% 1,879 1,471 27.7%

Read more…

Posted in: Real Estate • | Post a Comment »

Irvine home sales down 32 percent

February 27th, 2009, 7:50 am by Cameron Bird

The latest home-buying report from DataQuick, for the 22 business days ending February 6, show the follow trends in Irvine and Orange County:

ZIP code Median Year ago Change Sales Year ago Change
92602 $571,000 $706,000 -19.1% 13 11 18.2%
92603 $760,000 $979,000 -22.4% 15 13 15.4%
92604 $458,000 $590,000 -22.4% 13 10 30.0%
92606 $486,500 $518,000 -6.1% 15 13 15.4%
92612 $405,000 $420,250 -3.6% 13 50 -74.0%
92614 $600,000 $605,000 -0.8% 6 8 -25.0%
92618 $453,750 $544,000 -16.6% 8 5 60.0%
92620 $502,500 $604,000 -16.8% 20 41 -51.2%
Citywide $530,286 $572,606 -7.4% 103 151 -32%
O.C. $370,000 $520,000 -28.8% 1,938 1,336 45.1%

For the first time in DataQuick records dating to 1988, reports Jon Lansner at Lansner on Homes, builders’ sales of new residences ran below 100-per-month.

Click here for more on overall OC trends.

More real estate at Irvine Retail:

Posted in: Real Estate • | Post a Comment »

January home-buying down 37 percent in Irvine

February 19th, 2009, 11:29 am by Cameron Bird

Final January home-selling stats from DataQuick are in. Here’s how the home-buying markets in Irvine is shaping up — or, rather, down.

ZIP code Median Year ago Change Sales Year ago Change
92602 $632,000 $660,000 -4.2% 12 9 33.3%
92603 $605,000 $780,000 -22.4% 13 15 -13.3%
92604 $485,000 $540,500 -10.3% 11 11 0.0%
92606 $451,000 $505,750 -10.8% 14 12 16.7%
92612 $415,000 $408,250 1.7% 14 48 -70.8%
92614 $612,500 $525,000 16.7% 6 9 -33.3%
92618 $492,500 $481,250 2.3% 7 4 75.0%
92620 $520,000 $650,000 -20.0% 13 35 -62.9%
Citywide $519,894 $550,003 -5.5% 90 143 -37%
O.C. $370,000 $520,000 -28.8% 1,806 1,286 40.4%

Beyond the city’s borders, January rounded out the county’s home-sales winning streak since an 11-month streak from June 2003 to May 2004.

Click here for more on overall OC trends.

More real estate news:

Posted in: Real Estate • | Post a Comment »

Irvine home sales down 34 percent over a year ago

February 17th, 2009, 6:47 pm by Cameron Bird

DataQuick’s freshest homebuying stats for the 22 business days ending January 23 show these sales trends Irvine:

  • Total city sales in Irvine seem to be on a slow, downward slide. At last check, the city’s eight ZIP codes saw 133 homes change hands. Before that, 148 changed hands.
  • The county is nearly the mirror image of Irvine, with a more than 31 percent uptick in total sales.
  • 92602 was the only ZIP in Irvine in which sales increased. That area encompasses Tustin Ranch, West Irvine, Northpark and Northwood.
ZIP code Median Year ago Change Sales Year ago Change
92602 $653,000 $635,000 2.8% 15 12 25.0%
92603 $682,500 $1,171,500 -41.7% 15 17 -11.8%
92604 $425,000 $599,250 -29.1% 8 9 -11.1%
92606 $508,000 $683,000 -25.6% 16 29 -44.8%
92612 $442,500 $386,500 14.5% 12 36 -66.7%
92614 $612,500 $540,000 13.4% 8 14 -42.9%
92618 $750,000 $688,000 9.0% 9 13 -30.8%
92620 $620,000 $539,000 15.0% 23 30 -23.3%
Citywide $592,269 $620,773 -4.6% 106 160 -34%
O.C. $375,000 $532,000 -29.5% 1,989 1,509 31.8%

Click here for more on overall Orange County home-buying trends.

More real estate news:

Posted in: Real Estate • | Post a Comment »

Irvine home sales continue to slide

February 9th, 2009, 10:45 am by Cameron Bird

An early snapshot of 2009: For the 22 business days ending January 15, DataQuick’s latest home-buying stats show the following in Irvine:

  • Irvine’s median selling price is $576,917, 9.4 percent less than a year ago but softer hit than the county as a whole.
  • Contrary to the county as a whole, which has seen six straight months of sales gains, Irvine has seen several months of sales declines.
  • In the most recent buying period, Irvine shoppers bought 133 residences — that’s down 31 percent over last year.

To see how it all breaks down, sell below.

ZIP code Median Year ago Change Sales Year ago Change
92602 $555,000 $650,000 -14.6% 13 15 -13.3%
92603 $695,000 $970,000 -28.4% 15 26 -42.3%
92604 $472,500 $651,500 -27.5% 10 11 -9.1%
92606 $610,000 $691,000 -11.7% 15 37 -59.5%
92612 $450,000 $360,000 25.0% 15 29 -48.3%
92614 $506,500 $545,000 -7.1% 10 16 -37.5%
92618 $495,000 $652,250 -24.1% 17 29 -41.4%
92620 $657,500 $572,000 14.9% 38 30 26.7%
Citywide $576,917 $636,988 -9.4% 133 193 -31%
O.C. $385,000 $544,000 -29.2% 2,233 1,755 27.2%

The citywide and year-ago medians listed are weighted average medians derived from ZIP code totals. Core data provided by DataQuick.

For more on overall Orange County homebuying trends, CLICK HERE!

More real estate news:

Posted in: Real Estate • | Post a Comment »

Irvine home sales down 23 percent over a year ago

January 30th, 2009, 12:00 pm by Cameron Bird

The latest numbers from DataQuick have landed, while housing prices and sales continue to fall. For the 22 business days ending January 8, here’s what went on in Irvine’s residential real estate market (change is vs. the same time period a year ago):

ZIP code Median Year ago Change Sales Year ago Change
92602 $660,000 $662,500 -0.4% 13 16 -18.8%
92603 $650,000 $960,000 -32.3% 22 26 -15.4%
92604 $484,000 $660,000 -26.7% 10 10 0.0%
92606 $587,500 $785,000 -25.2% 13 37 -64.9%
92612 $435,000 $335,000 29.9% 17 16 6.3%
92614 $425,000 $467,500 -9.1% 11 16 -31.3%
92618 $495,000 $641,750 -22.9% 18 39 -53.8%
92620 $719,000 $600,000 19.8% 44 33 33.3%
Citywide $594,416 $667,737 -11.0% 148 193 -23%
O.C. $395,000 $556,250 -29.0% 2,388 1,811 31.9%

The citywide and year-ago medians listed are weighted average medians derived from ZIP code totals. Core data provided by DataQuick.

For more on overall Orange County homebuying trends, CLICK HERE!

More economic and real estate news at the Irvine Retail blog:

Posted in: Real Estate • | Post a Comment »

No Irvine ZIPs had price gains in 2008

January 22nd, 2009, 11:30 am by Cameron Bird

At last, DataQuick has released its home-buying stats for the entirety of 2008 — an outta-sight year that many rightly would like to put out of mind.

Not surprisingly, the stats show double-digit percent declines in the median prices of homes that were sold and the number of sales overall. Resilient Irvine, it seems, couldn’t hold its own amid wider market forces. Not one of the city’s 8 Zips saw price gains (Only 3 Zips countywide, in Laguna Beach, Corona del Mar and Newport Beach, saw price gains).

Before you read too deeply into the stats, read this DataQuick disclaimer:

“In today’s market, the drop in the median overstates the decline in home values. The more affordable inland markets with most of the discounted foreclosures account for a large share of today’s sales, while homes in the upper half of the market are not selling well, and are under-represented in the statistics.

“When jumbo loans of more than $417,000 were readily available in early 2007, they accounted for just under 40 percent of all home purchases. Last month they accounted for 12 percent.”

Here’s how the numbers break down:

ZIP code Median Year ago Change Sales Year ago Change
92602 $647,000 $724,750 -10.7% 263 264 -0.4%
92603 $825,000 $895,000 -7.8% 286 319 -10.3%
92604 $540,000 $629,000 -14.1% 185 237 -21.9%
92606 $582,250 $676,500 -13.9% 172 230 -25.2%
92612 $457,750 $619,000 -26.1% 304 387 -21.4%
92614 $495,000 $551,000 -10.2% 167 216 -22.7%
92618 $540,000 $606,000 -10.9% 206 244 -15.6%
92620 $655,000 $715,000 -8.4% 469 475 -1.3%
Citywide $607,414 $686,157 -11.5% 2052 2372 -13%
O.C. $450,000 $618,000 -27.2% 26,551 27,294 -2.7%

The citywide and year-ago medians listed are weighted average medians derived from ZIP code totals. Core data provided by DataQuick.

For some broader perspective and to see how Irvine compares with other O.C. cities, check out Lanser on Homes.

More economic and real estate news at the Irvine Retail blog:

Posted in: Economy • Real Estate • | Post a Comment »

« Previous Entries