Irvine

Why you'd want to live in Irvine

Irvine is part of the Los Angeles-Long Beach-Santa Ana metropolitan area. Irvine lies 48 miles to the southeast of Los Angeles. The center of the city is only 7 miles from the Pacific Ocean. Irvine History Around 2000 years ago, the Gabrielino Indians inhabited what is now Irvine. The first was constructed in the 1960s and more are planned. The land, once granted to individuals by the Spanish and Mexican governments, was purchased in the second half of the 1800s by James Irvine. Irvine Culture Irvine is comprised of several villages, each of which was master planned by the Irvine Company. It enjoys the warm and sunny weather for which Southern California is so famous. August average daily temperatures are 83 degrees. January average daily temperatures are 66 degrees. Missions, cattle grazing, and agriculture were once the main activities in the Irvine area. Irvine is home to several Fortune 1000 companies including Standard Pacific and Broadcom. via citytowninfo.com

Irvine Market Report

$2,251,661

AVERAGE PRICE OF 522 HOMES

$1,100,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,651,054

AVERAGE PRICE OF 418 MULTI-MILLION DOLLAR HOMES

$2,600,529

AVERAGE PRICE OF 68 NEWLY BUILT HOMES

$2,530,059

AVERAGE PRICE OF 256 HOMES WITH A POOL

$2,789,062

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

Average Home

Average Price $2,251,661
Avg Bedrooms 3.27 beds
Avg Bathrooms 3.3 baths

Average Price by Bedrooms

1 bedroom $788,063
2 bedrooms $1,013,499
3 bedrooms $1,573,726
4 bedrooms $2,840,144
5 bedrooms $3,969,991
Irvine Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 456 410 348 349 322
Average Price $2,230,735 $2,227,952 $2,248,999 $2,250,699 $2,098,667
Avg Price Change +0.12% -0.94% -0.08% +7.24% +3.44%
Median Price $1,667,644 $1,660,948 $1,592,512 $1,499,614 $1,494,329
Med Price Change +0.40% +4.30% +6.19% +0.35% +3.06%
Avg Bedrooms 3.28 beds 3.3 beds 3.24 beds 3.25 beds 3.17 beds
Avg Bathrooms 3.28 baths 3.29 baths 3.23 baths 3.3 baths 3.25 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Portola 91 $2,351,133 29 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 522 $2,251,661 40 days
Distressed Homes 2 $1,100,000 29 days
Multi-Million Dollar Homes 418 $2,651,054 36 days
Newly Built Homes 68 $2,600,529 41 days
Homes with a Pool 256 $2,530,059 39 days
Reduced Price Homes 29 $2,789,062 45 days
The Smith Team
Lucas Smith
3230 E Imperial Hwy # 300
Brea, CA 92821
DRE# 01904757
714-406-1414
Para EspaƱol Hable 714-720-4654

Based on information from California Regional Multiple Listing Service, Inc. as of July 13, 2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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