Irvine CA Has 380 Homes Now Listed for Sale

Turtle Rock Village Irvine

Irvine CA now has 380 homes listed for sale, which is not enough to satisfy buyer market demand during the next 90 days.

Irvine’s home selling market has favored sellers for the past 8 years, which will continue because of solid buyer demand and not enough homes now for sale.

Irvine homeowners have experienced massive price appreciation for the past 8 years, and we now have excellent conditions for home selling.

Irvine homes and real estate continues to have insufficient supply of homes listed for sale.

Click here to see CRMLS information about Irvine CA homes now listed for sale.

312 Irvine homes are now listed as “active with buyer purchase contracts” or “pending” on CRMLS (which is bumped up during the past two weeks).

48 days is average market time for Irvine to theoretically to sell all homes now on the market at current pace of home selling.

  • 154 Irvine homes were sold during January 2017.
  • $897,757 was average Irvine home sold price.
  • 173 Irvine homes were sold during the past 30 days.
  • $973,178 was average Irvine home sold price during past 30 days (sold price increase of 8 percent as compared with last month).
  • 61 days was average time on market for those Irvine sold homes.
  • 380 Irvine homes are now listed for sale (which is down 4.5 percent in the past week).
  • This low number of Irvine homes now for sale will be insufficient to satisfy market buyer demand during the next 90 days.

Click here to see Irvine’s broker preview open houses today on Feb. 22, 2017 

Woodbridge Village Irvine

Irvine is the robust economy powerhouse with tops in jobs and employment and is top home selling city at Orange County CA – with population of about 260,000 people.

Connect with us here about Irvine home listing and selling process and learn what your home is worth in today’s market.

By Harrison K. Long – REALTOR® and professional real estate representative. Real estate broker – CALBRE #01410855. Honored as “Orange County REALTOR® of the Year 2016” by the Orange County Association of REALTORs®.

Source of information for this article is CRMLS multiple listing service and ReportsOnhousing.com and is for homes represented by all brokers and agents.

Contact us by cell or text at 949-701-2515 for Irvine home selling information and strategy. Thanks.

Our purpose is to help real estate clients to be happy with their decisions and the home selling and buying process.

“Irvine Now Has 380 Homes Listed for Sale, which is Not Enough for Market Demand”.

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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