TheOrange County Real Estate Report provides news, trends, demographics and other local information for the buyers and sellers of residential real estate. Updated monthly.

Orange County Real Estate California

February 2008

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Orange County real estate: average and median home price trend charts.

Real Estate

2004 Home Prices

Average: $792,809
Median: $710,000
Ave. Days to Sell: 34
2004 Condo Prices
Average: $483,225
Median: $480,000
Ave. Days to Sell: 29


Demographics

Population: 143,072
Median Age: 33.4
Median Income*: $59,709
College Graduates: 40.0%

* Family

Irvine, California

Irvine is a city that was created out of whole cloth: the master community of all master communities, intelligently planned, well run and the ultimate modern suburb.
     Home to the University of California, Irvine, the city takes its education seriously. Academic rankings are in the 80s and 90s.
     In 1994, Money magazine ranked Irvine as number one in safety, among cities with a population greater than 100,000. Police are assigned to the middle and high schools and, in a low-key way, work with the kids.
     Irvine is close to freeways and the John Wayne Airport. Unlike many master planned communities, Irvine is not solely residential. The Plan called for creating a rounded, dynamic community with an intellectual and commercial foundation.

     The town encourages business and has landed research facilities, office complexes and light industry located in business parks. There are also many shops and stores.
     There are restaurants, nightclubs, book stores, churches, libraries, parks, trails, movie complex, IMAX theatre, adult education, swimming pools, senior centers and a farmers' market. And there's more.
     The commute isn't bad from Irvine, but the whole of southern Orange County is getting congested. Metrolink, the train, has a station in Irvine. It runs from Oceanside to Los Angeles.
     If you're looking for old and quaint, Irvine is not the place for you.
     For information on Irvine real estate trends, click on Trends.

WEB SITES

Irvine Chamber of Commerce
University of California, Irvine
Best of Irvine
Irvine City Statistics
(PDF File)

If you are ready to buy or sell, go to the buying or selling form, whichever is appropriate, fill it out and submit it. Don will contact you to discuss your situation.

Orange County real estate trends and city demographics.

Don Cavanaugh, REALTOR®
Coldwell Banker
27742 Vista Del Lago, #1

Mission Viejo, CA  92692
Cell: (949) 939-2854
E-mail: sales@OrangeCoastRealEstate.com
http://www.DonCavanaugh.com

California Department of Real Estate License
#01339479

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