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Irvine and Tustin Homes ~ The ins and outs of the still-desirable Irvine and Tustin real estate market - trends, deals, foreclosures, quirks and all.

How many Irvine homes sold in October?

November 9th, 2009, 3:08 pm · 1 Comment · posted by Erika Chavez, Staff Writer

dollarupIrvine listing agent Scott Gunther tracks monthly home sales and median prices at his Irvine Realtor Site.

For the month of October:

  • Gunther tracked 206 home resales that closed escrow, or a rate of 6.65 sales per day; that’s an increase from 170 sales in September.
  • The median sales price for October was $582,500, up considerably from $539,488 in September.
  • 28 were short sales (14% of total sales), and 17 were REO sales (8% of total sales).
  • There were 172 leases signed during the month of October, and monthly rents averaged $1.58 per square foot.
  • What do you think? Do any of these facts and figures surprise you?

    BONUS: Gunther has managed to get his hands on just about every floorplan found in Irvine homes. You can check them out on his site. Now included: floorplans from new communities in Woodbury and Woodbury East.

    Curious about which school your children would attend should you buy a home in Irvine? That info is on Gunther’s site, too.

    • For more on overall Orange County homebuying trends, CLICK HERE!

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Posted in: Home pricesTrends
 
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