X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

IRVINE, CA-Orange County median home prices have made an impressive jump over the past year, industry sources report. In addition, the county boasts one of the highest-rated public school districts in Irvine Unified School District, reports ZipRealty Inc., which may be linked to the increase.

ZipRealty reports that average home prices increased 22% year-over-year to $531,500 as of mid-August, and the school district scored 9.2 on a scale of 1 to 10, with 10 being the highest. “Home values and school scores are always going to be linked,” says ZipRealty’s president and CEO Lanny Baker. “In order to give our users the most complete picture of a home’s value, we provide a school score, which is calculated based on test-score data as well as student/teacher ratios, for every home listing on ZipRealty.com.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.