Explore Properties at Southern California: Irvine Home Buying During August 2011 at Irvine CA Real Estate

Irvine CA home buyers snagged and closed escrow on 184 homes last month during August 2011, with average sold price of $631,710. IRVINE HOME BUYERS

(So buyers paid $11,623,464 for Irvine resale homes during the month of August at Irvine CA real estate).

92 of those Irvine CA resold homes were detached (fifty percent of solds), and others were attached homes and condos.

August 2011 Irvine home resales were only 5 percent down from last year August 2010 when Irvine sold 175 homes, with average sold price of $661,418.

36 of the Irvine CA homes sold August 2011 were short sales (19.5 percent of solds), with average sold price of $550,386. 19 of the Irvine sold homes last month were REO bank owned after foreclosure, with average sold price of $451,273.

Irvine CA homes resold in price ranges during August 2011:

72 sold at price up to $499,999 (39 percent of market)
93 sold at price between $500k and $1 million (50.5 percent of market)
16 sold at price between $1 million and $2 million

800 Irvine CA real estate homes were listed for resale at the end of August 2011, with average asking price of $867,655. 170 Irvine homes were listed for sale as short sales at that time (21 percent of listings).

Please contact us - CLICK HERE - about Irvine CA real estate.

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Some of this information is from SoCal Multiple Listing Service and does not include that for new home builder sales or those sold at trustee auctions after foreclosure.

Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, GRI - 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® - also now serving as an appointed director at California Association of REALTORs®.