Irvine CA Housing Report for 2017 Year and market trends:
2859 Irvine homes were sold during 2017 (according to CRMLS multiple listing service).
2809 Irvine homes were sold during 2016 (so there were 1.7 percent fewer homes sold at Irvine during 2017).
$963,034 was average Irvine home sold price during 2017.
$894,408 was average sold home price during 2016 (so there was a home sold price increase of 7.7 percent from 2016 to 2017.
2,027 SF was average interior size of Irvine homes sold during 2017.
1, 973 SF was average interior size of Irvine homes sold during 2016 (close to average size sold during 2017)
43 days, from listing to escrow closing, was average time on market for the Irvine homes sold.
63 days was average time on market for sold homes in 2016 (so average market time was much faster during 2017 as compared with 2016).
Irvine’s home selling markets have favored sellers for the past 8 years with big equity increases – and this sellers market continues with solid buyer demand.
Irvine has about 267,000 residents and is the robust economy powerhouse at Orange County with jobs and employment opportunities and continues to be the top home selling city in the county.
While providing up to date Irvine real estate market information, we offer the top customer service experience for sellers, buyers, and investors.
Source of information is CRMLS multiple listing service and is regarding all homes represented and sold by all brokers and agents. Presented By Harrison K. Long, REALTOR® and professional real estate representative. Real estate broker, CALBRE #01410855. Contact us by cell or text at 949-701-2515 for real estate information and strategy.
“Irvine CA Housing Market Report for 2017 Year”