Irvine Real Estate

The city of Irvine, California is located in Orange Country, a popular Southern California location. The city of Irvine was a city that was planned and developed, which began in the 1960s.

Its current population is at about 217,000, and has been ranked among the top ten cities to live in the United States, due to its history of providing for good education systems, jobs, and housing. It is also known to have the lowest crime rate in cities with populations over 100,000. The various factors that exist in the city have made Irvine real estate quite a commodity.

The Irvine, California real estate market will prove to be on the rise and doing quite well when compared to other cities in the state of California. This may due to the fact the median income for a family in the city is over $110,000, making Irvine the seventh richest city in the nation. Such numbers will also be reflected in Irvine real estate, with the average listing price figuring at over $820,000. Irvine property sales, on average, will go for about $580,000.

Even though these prices may seem to be quite high when compared to the rest of the country, the actual sales rates it quite impressive, with approximately 1,500 homes being sold out of an available 1,600. The Irvine, California real estate market can be said to among the best in the country.

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