Irvine CA Again Named One of the Best Places to Live in America

It’s no wonder that …

IMAG0187-c-Irvine CA was again named one of the best places to live in America 2014 by Money Magazine.

Irvine has been a huge favorite by residents and home buyers who are especially attracted to the city, because of its positive local economy, with more than 100 companies with U.S. headquarters, good jobs, famous and award-winning schools, and that it is one of the safest cities in America.

What’s more is that Irvine has some of the best weather anywhere.

More homes are sold and money spent to buy Irvine real estate as compared with any other city in the OC.

720 Irvine homes are listed for sale as of the start of Fall Season – September 22, 2014 – This increased inventory is good for buyers who have more choices.

$1,094,450 is average list price at Irvine homes for sale – with average time on market for those now listed is 86 days.

166 Irvine sellers got buyers for homes under contract and went into escrow during the past 30 days – and average list price for those homes was $897,299.

Average list price of an Irvine home going into escrow ($897,299) is almost twenty percent lower than average for sale listing price ($1,094,450) of all Irvine homes.

Some Irvine home owners who listed their homes were unrealistic about price and need to look more carefully at fair market value – what other homes in the neighborhoods have actually sold for.

204 Irvine homes sold with closed deals during the past 30 days – Average sold price for those sold homes was $814,248 – and average time on market was 62 days.

Average time it would theoretically take to sell all homes now listed for sale (720) at current pace of home selling (204 per month) is about 3.6 months.  This average time to sell Irvine homes has increased this year and especially during the past 90 days.

Irvine home selling market still favors sellers.  This has recently trended toward balance with increased number of listings and number of sales moderating.  This is good for buyers who now have more negotiating power and better choices as compared with earlier this year and during 2013.

We here to help you evaluate the market in your area and price your home to sell.

By Harrison K. Long. Professional REALTOR® agent representation and help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

Source of this information is CRMLS multiple listing service and is for homes listed and sold by all brokers and agents. Contact us at 949-854-7747 with your questions about home prices and values at Irvine and other Orange County CA cities and areas.

Irvine CA was Again Named One of the Best Places to Live in America.

About Harrison K. Long

Honored as “REALTOR® of the Year 2016” by the Orange County Associations of REALTORs®. Professional real estate representative, Realtor, GRI, Broker associate, Evergreen Realty HomeSmart, Irvine and Orange County, CA – CALBRE 01410855 – Helping property owners, estate trustees, executors, administrators, fiduciaries, bankers, investor group managers, with listing and sale of properties. California Association of Realtors (now serving on its board of directors); National Association of Realtors. Attorney member of the California State Bar Association #69137 – Contact by cell or text at 949-701-2515.

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