Irvine Real Estate Market Trends
Market Overview for Quarter 3, 2022
Median Sale Price
No. of Transactions
County Median Sale Price
In Q3, the median home sale price in Irvine was $1.2M, an increase of 23% year-over-year. By contrast, sales activity trended down with 495 deals closed, representing a decline of -46% compared to the same period last year. The median price per square foot in Q3 was $691, a change of 19% year-over-year, while the median sale price in Orange County was $975K.
Top Cities in Orange County
|Ranking||City||Median Sale Price|
|8||San Juan Capistrano||$1,280,000|
|31||Rancho Santa Margarita||$778,000|
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|
The Q3 median sale price for Irvine houses was $1.2M, increasing 23% year-over-year. While the median for houses was trending up, condo prices in Irvine remained flat year-over-year at -.
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