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

$1,842,085

AVERAGE PRICE OF 366 HOMES

$1,199,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,298,200

AVERAGE PRICE OF 262 MULTI-MILLION DOLLAR HOMES

$1,790,172

AVERAGE PRICE OF 56 NEWLY BUILT HOMES

$1,917,660

AVERAGE PRICE OF 193 HOMES WITH A POOL

$1,714,222

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $1,842,085
Avg Bedrooms 3.21 beds
Avg Bathrooms 3.32 baths

Average Price by Bedrooms

1 bedroom $659,523
2 bedrooms $883,993
3 bedrooms $1,330,727
4 bedrooms $2,110,170
5 bedrooms $3,317,693
Irvine Home Price Trends
  4/2023 3/2023 2/2023 1/2023 12/2022
Total Listings 367 365 374 379 424
Average Price $1,739,006 $1,756,241 $1,834,002 $1,786,289 $1,733,442
Avg Price Change -0.99% -4.43% +2.67% +3.05% n/a
Median Price $1,395,915 $1,379,963 $1,390,376 $1,375,820 $1,353,800
Med Price Change +1.16% -0.75% +1.06% +1.63% n/a
Avg Bedrooms 3.22 beds 3.21 beds 3.22 beds 3.26 beds 3.25 beds
Avg Bathrooms 3.29 baths 3.29 baths 3.29 baths 3.32 baths 3.27 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Irvine 14 $1,436,600 21 days
Northwood 19 $1,552,142 37 days
Portola 52 $1,592,889 39 days
University 32 $2,369,981 32 days
Woodbridge 23 $1,320,077 25 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 366 $1,842,085 49 days
Distressed Homes 1 $1,199,000 36 days
Multi-Million Dollar Homes 262 $2,298,200 49 days
Newly Built Homes 56 $1,790,172 76 days
Homes with a Pool 193 $1,917,660 47 days
Reduced Price Homes 4 $1,714,222 35 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

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
Based on information from California Regional Multiple Listing Service, Inc. as of May 28, 2023. 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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