Irvine Real Estate Market Trends
Market Overview for Quarter 4, 2021
Median Sale Price
25% YoY
Median Price/Sqft
21% YoY
No. of Transactions
-46% YoY
County Median Sale Price
15% YoY
In Q4, the median home sale price in Irvine was $1M, an increase of 25% year-over-year. By contrast, sales activity trended down with 385 deals closed, representing a decline of -46% compared to the same period last year. The median price per square foot in Q4 was $602, a change of 21% year-over-year, while the median sale price in Orange County was $915K.
Top Cities in Orange County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Dana Point | $3,525,000 |
| 2 | Laguna Beach | $2,385,000 |
| 3 | Newport Beach | $2,350,000 |
| 4 | San Clemente | $1,392,500 |
| 5 | Los Alamitos | $1,330,000 |
| 6 | San Juan Capistrano | $1,312,500 |
| 7 | Trabuco Canyon | $1,298,250 |
| 8 | Seal Beach | $1,207,500 |
| 9 | Yorba Linda | $1,100,000 |
| 10 | Costa Mesa | $1,051,000 |
| 11 | Irvine | $1,050,000 |
| 12 | Huntington Beach | $1,033,000 |
| 13 | Laguna Niguel | $1,012,500 |
| 14 | Fountain Valley | $975,000 |
| 15 | Ladera Ranch | $975,000 |
| 16 | Brea | $950,000 |
| 17 | Mission Viejo | $900,000 |
| 18 | Orange | $899,500 |
| 19 | Lake Forest | $895,000 |
| 20 | Laguna Hills | $890,000 |
| 21 | Placentia | $887,500 |
| 22 | Westminster | $830,000 |
| 23 | Cypress | $830,000 |
| 24 | Garden Grove | $801,000 |
| 25 | Fullerton | $792,000 |
| 26 | Foothill Ranch | $791,000 |
| 27 | Rancho Santa Margarita | $787,500 |
| 28 | Anaheim | $753,000 |
| 29 | Aliso Viejo | $750,000 |
| 30 | Buena Park | $750,000 |
| 31 | LA Habra | $750,000 |
| 32 | Tustin | $722,500 |
| 33 | Santa Ana | $720,000 |
| 34 | Stanton | $570,000 |
| 35 | Laguna Woods | $412,500 |
Residential Property Types Sold in Irvine
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | - | - | - | - | 0 |
| House | $1M | 25% | $602 | 21% | 385 |
The Q4 median sale price for Irvine houses was $1M, increasing 25% year-over-year. While the median for houses was trending up, condo prices in Irvine remained flat year-over-year at -.
See also
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