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Irvine

Why you'd want to live in Irvine

The City of Irvine was incorporated on December 28, 1971, under the general laws of the State of California. We operate under a charter law form of government which was adopted in 1975, meaning we have a City Council-City Manager form of government. The City Manager is appointed by the City Council to function as the chief administrator of the City. City Council sets the policy directions for the City, and the City Manager is charged with implementing those directions. Additionally, the City Manager keeps the Council informed of City operations, prepares the annual budget, oversees special programs, and coordinates the various department activities. via cityofirvine.org

Irvine Market Report

$1,664,070

AVERAGE PRICE OF 477 HOMES

$1,935,825

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,077,267

AVERAGE PRICE OF 335 MULTI-MILLION DOLLAR HOMES

$2,015,549

AVERAGE PRICE OF 75 NEWLY BUILT HOMES

$1,765,716

AVERAGE PRICE OF 229 HOMES WITH A POOL

$1,426,212

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $1,664,070
Avg Bedrooms 3.21 beds
Avg Bathrooms 3.19 baths

Average Price by Bedrooms

1 bedroom $630,963
2 bedrooms $801,128
3 bedrooms $1,276,511
4 bedrooms $2,029,228
5 bedrooms $3,029,821
Irvine Home Price Trends
  10/2022 9/2022 8/2022 7/2022 6/2022
Total Listings 533 599 611 600 n/a
Average Price $1,858,441 $1,797,697 $1,792,618 $1,810,405 n/a
Avg Price Change +3.38% +0.28% -0.99% n/a n/a
Median Price $1,379,171 $1,381,613 $1,397,546 $1,395,499 n/a
Med Price Change -0.18% -1.15% +0.15% n/a n/a
Avg Bedrooms 3.32 beds 3.32 beds 3.29 beds 3.27 beds n/a
Avg Bathrooms 3.33 baths 3.28 baths 3.25 baths 3.23 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Irvine 25 $1,132,192 40 days
Northwood 33 $1,436,624 50 days
Portola 51 $1,505,006 58 days
University 61 $2,538,331 66 days
Woodbridge 24 $918,166 46 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 477 $1,664,070 70 days
Distressed Homes 4 $1,935,825 167 days
Multi-Million Dollar Homes 335 $2,077,267 70 days
Newly Built Homes 75 $2,015,549 103 days
Homes with a Pool 229 $1,765,716 71 days
Reduced Price Homes 8 $1,426,212 66 days
Your Home Sold Guaranteed or We'll Buy It
Robert Medina
8932 Mission Dr, Suite 102
Rosemead, CA 91770
949-547-3998
DRE# 01929152

Based on information from California Regional Multiple Listing Service, Inc. as of November 29, 2022. 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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