IRVINE LIVE MARKET UPDATE
Months of supply is the measure of how many months it would take for the current inventory of homes on the market to sell
Months of supply is a good indicator of whether a particular real estate market is favouring buyers or sellers.
It is currently a buyer’s market in Irvine
LEARNING ABOUT IRVINE
Irvine ) is a master-planned city in Orange County, California, the United States in the Los Angeles metropolitan area. The Irvine Company started developing the area in the 1960s and the city was formally incorporated on December 28, 1971. The 66-square-mile (170 km2) city had a population of 212,375 as of the 2010 census; in 2018 the California Department of Finance estimated the city’s population at 276,176.
A number of corporations, particularly in the technology and semiconductor sectors, have their national or international headquarters in Irvine. Irvine is also home to several higher education institutions including the University of California, Irvine (UCI), Concordia University, Irvine Valley College, the Orange County Center of the University of Southern California (USC), and campuses of California State University Fullerton (CSUF), University of La Verne, and Pepperdine University.
Primary and Secondary Education
Most of Irvine is located in the Irvine Unified School District (IUSD). The five high schools in IUSD are University High School, Irvine High School, Northwood High School, Woodbridge High School, and Portola High School. Arnold O. Beckman High School is located in Irvine but is administered by Tustin Unified School District. The five high schools in IUSD, as well as Beckman High School, have consistently placed in the upper range of Newsweek’s list of the Top 1,300 U.S. Public High Schools.
Irvine is also home to elementary and middle schools, including two alternatives, year-round, open enrollment K-8 schools, Plaza Vista and Vista Verde. Parts of the north and west of the city are within the Tustin Unified School District.
Colleges and Universities
Irvine is home to the University of California, Irvine, which is the second-newest campus (established 1965) in the UC system after University of California, Merced. Other higher education institutions in Irvine include California Southern University, Concordia University, Westcliff University, Paramount California University a distance learning university, Irvine Valley College, Fuller Theological Seminary, FIDM, The Fashion Institute of Design and Merchandising, Orange County Campus, Stanbridge University, and a satellite campus of California State University, Fullerton. Chapman University and Soka University of America are in adjacent cities.
According to the 2000 United States Census, Irvine is ranked 7th nationwide, among cities with populations of at least 100,000, for having the highest percentage of people who are at least 25 years old with doctoral degrees, with 3,589 residents reporting such educational attainment.