January Orchard Hills Market Update
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Beautiful Northpark Estate in the Prestigious 24-Hour Guard-Gated Community! Perfectly positioned on a quiet street just steps from the lush community greenbelt, this stunning residence showcases 4 Bedrooms + Den + Bonus Room, a Main Floor Bedroom with Full Bath, 3-Car Garage, and beautifully upgraded Kitchen and Baths, all on a generous ~6,350+ SQ FT lot! A grand entry welcomes you into a light-filled open floor plan with soaring ceilings, rich hardwood and travertine floors, and designer finishes.
Mortgage rates have dropped to their lowest level of the year at ~6.25%, down from over 7% in January. With falling inventory and rising demand, the Fall market is shaping up to be more competitive than usual. The Autumn Market will be a turning point for the Orange County housing market.
Welcome to this stunning TURNKEY home in the highly desirable Lantana community of Cypress Village! With a thoughtfully designed, versatile layout, this home features a MAIN LEVEL GUEST SUITE with Full Bath - ideal for multi-generational living or added privacy.
Gorgeous Home in the highly sought-after 24-hour Guard-Gated community of Northpark! Perfectly situated on a quiet cul-de-sac, this impressive home features 4 bedrooms, 2.5 bathrooms, 3-car garage, and an oversized backyard, all on a ~5,000 sq ft lot! As you step inside, you're greeted by an open and airy floor plan with soaring ceilings and rich hardwood flooring.
Orange County inventory is up 61% year-over-year—the highest supply since June 2020. While buyer demand remains steady, the market is becoming more balanced.
Welcome to this stunning TURNKEY home in the highly desirable Lantana community of Cypress Village! With a thoughtfully designed, versatile layout, this home features a MAIN LEVEL GUEST SUITE with Full Bath - ideal for multi-generational living or added privacy. Upstairs, the expansive Great Room impresses with soaring ceilings, walls of windows, and gorgeous light wood flooring.
he Irvine housing market is anything but one-size-fits-all! Activity varies widely by price point and property type. While some homes are still moving quickly, others, especially at higher price ranges, are taking longer to sell.
This Spring marks the slowest housing market Irvine has seen since the 2020 lockdown, making accurate pricing more crucial than ever. With increased competition and a noticeable slowdown, sellers who overprice are facing longer days on market, inevitable price reductions, and ultimately walking away with less.
After a slow start to the year, the Orange County housing market is picking up speed with rising demand and a significant drop in market time. The early-year lull is over, and competition is growing fast. Buyers and sellers should be prepared for an increasingly active market ahead.
As of January 2025, Irvine's housing market is experiencing robust activity, with homes selling quickly and attracting multiple offers. The median sale price has risen to $1.5 million, a 10.5% increase from the previous year, indicating strong buyer interest!