Here are some housing market statistics for Irvine and some surrounding cities. When I reviewed these numbers, two points stood out. First, the average down payments for houses in Lake Forest and Santa Ana have increased greatly from the numbers of about a month ago. Second, when compared to numbers from about this time last month, the number of homes that sold in every one of these cities has increased.
The following numbers are for the ninety days that precede July 11.
| Area | Median List Price | Median Sale to List Price | Avg # of Offers | Avg Down Payment | # Homes Sold |
| Irvine | $799,000/
$429 per SF |
98.50% | 2 | 21.70% | 641 |
| Lake Forest |
$640,000/ $343 per SF
|
98.40% | 2.3 | 49.60% | 257 |
| Tustin | $650,000/
$369 per SF |
98.20% | 2.4 | 21.00% | 185 |
| Orange | $649,000/
$345 per SF |
98.50% | 2.4 | 15.10% | 350 |
| Santa Ana | $515,000/
$340 per SF |
98.50% | 2.2 | 39.30% | 463 |
| Costa Mesa | $729,000/
$440 per SF |
98.60% | 1.5 | 15.00% | 225 |
| Newport Beach | $2,225,000/
$927 per SF |
96.30% | 3 | 48.80% | 371 |
| Orange County | $699,000/
$373 per SF |
98.3% | 2.5 | 23.90% | 7,790 |