Currently there are 840 Active properties listed for sale in Irvine, CA., of which 414 are attached  Condos, and 426 are detached single family homes.  Of these 840 homes and condos for sale, 152 are  Short Sales listed for sale, which represents 18% of the total inventory.  11 of these properties Active for sale are Bank Owner Foreclosures which represent just 1.3% of the total inventory of homes and condos for sale in Irvine, Ca.

Today, there are 245 properties that are under contract pending in escrow in Irvine, CA.  Of this total, there are 58 Short Sales properties that are pending in escrow, which represents 23.6% of the total number of properties in escrow.  In addition, there are 19 Bank Owned Foreclosures that are pending in escrow in Irvine, which represents 7.7% of the total pending properties.

For the past month of April, there were 146 homes and condos that sold and closed escrow in Irvine, CA.  Of this total, there were 14 Short Sale properties that sold, which is 9.5% of the total volume of sales for April.  Finally, there were 16 homes and condos that sold in the past month that were Bank Owned foreclosures, which represents 10.9% of all properties sold in April in Irvine, Ca.

For more information regarding Bank Owned foreclosure properties, or short sale properties listed for sale, please call us at:  949-388-3396.