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

$2,152,368

AVERAGE PRICE OF 341 HOMES

$2,592,063

AVERAGE PRICE OF 264 MULTI-MILLION DOLLAR HOMES

$2,425,352

AVERAGE PRICE OF 40 NEWLY BUILT HOMES

$2,356,552

AVERAGE PRICE OF 173 HOMES WITH A POOL

$1,676,600

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $2,152,368
Avg Bedrooms 3.25 beds
Avg Bathrooms 3.33 baths

Average Price by Bedrooms

1 bedroom $821,270
2 bedrooms $1,002,319
3 bedrooms $1,460,459
4 bedrooms $2,855,894
5 bedrooms $3,020,414
Irvine Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 303 311 379 410 397
Average Price $2,028,808 $2,210,860 $2,135,014 $2,017,196 $2,024,717
Avg Price Change -8.97% +3.55% +5.84% -0.37% -1.60%
Median Price $1,450,000 $1,519,075 $1,539,159 $1,508,777 $1,524,865
Med Price Change -4.76% -1.32% +2.01% -1.07% +1.92%
Avg Bedrooms 3.13 beds 3.17 beds 3.22 beds 3.22 beds 3.3 beds
Avg Bathrooms 3.21 baths 3.29 baths 3.29 baths 3.28 baths 3.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
University 42 $3,739,143 37 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 341 $2,152,368 50 days
Multi-Million Dollar Homes 264 $2,592,063 45 days
Newly Built Homes 40 $2,425,352 50 days
Homes with a Pool 173 $2,356,552 42 days
Reduced Price Homes 5 $1,676,600 23 days
The Smith Team
Lucas Smith
2050 S Santa Cruz St # 2200
Anaheim, CA 92805
DRE# 01904757
714-406-1414
Para Español Hable 714-720-4654

Based on information from California Regional Multiple Listing Service, Inc. as of February 25, 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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