Irvine Bank Owned Homes Real Estate report

by Vince Bindi on April 9, 2012

This report is for standard sales and bank owned foreclosure properties in Irvine, and is brought to you by the Broker at eVantage Real Estate. Currently, there are a total of 215 detached homes listed for sale in Irvine, California. The median price of these active homes for sale is $969,000 and the average price per square foot is $434. Of this total, 2 are bank owned listings active for sale. These foreclosure listings represent 1% of the total inventory of detached homes for sale. The median price of these bank owned properties is $544,900 and the average price per square foot is $365.

Currently, there are 156 detached homes under contract in escrow, and the median price of these pending properties is $678,888. Of this total pending properties, 10 are bank owned REO properties, which is 6% of the total detached properties in escrow in Irvine. The median price is $579,900.

In the past 90 days, there have been a total of 149 detached homes that have sold and closed escrow in Irvine. The median price of these sold homes was $725,000 and the average price per square foot was $363. Of this total were 17 REO foreclosure properties, which was 11% of the total sales. The median price was $510,000, and the average price per square foot was $304.

For more information about bank owned foreclosure properties, please visit our website at: Irvine Bank Owned Homes & Condos. For Questions, or if you would like to see the inside of any Foreclosure property, feel free to call: (949) 388-3396, or email us at: [email protected].