Irvine Needs More Homes for Sale to Keep Up with Buyer Demand

Turtle Rock Crest at Irvine homes

Irvine CA is a great city and doesn’t have enough homes for sale and continues with excellent home selling market conditions.

Irvine now has 422 homes listed for sale (according to multiple listing service as of April 1, 2017), and that’s not enough to satisfy buyer market demand.

Irvine’s home selling market has favored sellers for the past 8 years with big equity increases, and the sellers market continues with solid buyer demand and not enough homes for sale.  

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

  • 422 Irvine homes are now listed for sale.
  • $1,551,000 is average listing price of Irvine’s homes for sale
  • 226 of the homes for sale are listed above $1 million
  • 62 days is average time on market now for Irvine to theoretically to sell all homes now on the market at current pace of home selling.
  • 225 Irvine homes were resold last month during February 2017.
  • $993,572 was average Irvine home sold price.
  • 42 days was average time on market for those Irvine sold homes.
  • Current low number of Irvine homes now for sale will be insufficient to satisfy market buyer demand during the next 90 days.

Irvine has such amazing open houses scheduled for this weekend – April 1 and 2, 2017 

Woodbridge Village Irvine

Irvine has about 260,000 residents and is the economy powerhouse at Orange County with tops in jobs and employment – and continues to be the top home selling city in the county.

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.

It’s a great time to be a home seller at Irvine. Contact us by cell or text at 949-701-2515 for Irvine home selling information and strategy. Thanks.

We help our clients to be happy with their decisions and the Irvine CA home selling and buying process.

“Irvine CA is a great city and doesn’t have enough homes for sale and continues with excellent home selling market conditions”.

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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