Irvine Real Estate Market with Improving Signs - January 2011

 

The IRVINE California real estate market was improved during January 2011 as compared with last year January 2010.

112 IRVINE homes were sold on the local real estate market last month during January 2011.

• Average sold price for Irvine homes January 2011 was $685,050
• 57 of those sold homes were single family residential, and others were condo homes
• Average size of Irvine sold homes during January was 1996 SF
• Average sold price per SF was $336
• Average time on market was 116 days
• 9 of the sold homes were bank owned after foreclosure
• 26 of the sold homes were short sales

 

Compare to last year January 2010 when 95 IRVINE homes were sold. 

• Average sold price for Irvine homes January 2010 was $601,162  
• 38 of those sold homes were single family residential, and others were condo homes
• Average size of Irvine sold homes during January 2010 was 1745 SF
• Average sold price per SF was $330
• Average time on market was 90 days
• 10 of those sold homes were bank owned after foreclosure
• 24 of sold homes January 2010 were short sales

Even though IRVINE's home resale market for January 2011 shows positive signs, we hope for more upward momentum next month. 

________________________________________

Prior IRVINE real estate market reports

Irvine Real Estate and Housing Market Values Remained Solid for Year 2010 - 01/10/2011

Irvine Home Resale Market Numbers for November 2010 Comparisons - 12/09/2010

Irvine Home Resales with Numbers Dramatically Down in October - 11/07/2010

Irvine Expensive Homes Now Scheduled for Trustee Sale Auctions - 10/28/2010

Irvine's Housing Market Update - Sales Decrease in August - 09/06/2010

Irvine Housing Market Update for July, 2010 - For Sale Listing Numbers Up - 08/06/2010

________________________________________

This is for information only and data from Southern California Multiple Listing Service, which does not include FSBO, new homes sales by the builders, and homes sold at trustee auction sales at end of foreclosure.

If you are interested to discuss selling, buying, or investing in homes and real estate at Irvine, Newport Beach, Orange County, California, please contact me.   

Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, Coldwell Banker Residential Brokerage- 949-854-7747 (phone) - ExploreProperties@gmail.com (email) - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs®.

            

Thanks for contacting us about listing and selling of homes and properties at Irvine, Newport Beach and Orange County, California. 

Posted via email from Explore OC Homes