North Irvine Real Estate Market Conditions & Reports, North Irvine Market Trends, California

Market Commentary Provided by Casey Cochran

Report Date

Fall 2009

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Casey Cochran
Chrishauna Real Estate
Orange, California
714-550-8090
casey4re@aol.com
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Nearest Metro Area

Orange County, CA

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

60-90 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$700,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 0-5%

Prices As % of Asking Price

95-100%

Multiple Offers?

Greatest Activity

Condos/Townhomes

Buyer Activity for the past 90 days in North Irvine is

Seller Activity for the past 90 days in North Irvine is

Is Financing Available For Qualified Buyers in North Irvine?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Reason to Buy/Sell

Population Growth

Average Sold Price

$700,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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