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PRICING MATTERS THIS SPRING! 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. Much like a neighborhood garage sale, the most interest comes early — and if the price isn’t right from the start, momentum is lost. In today’s shifting market, strategic, well-researched pricing is key to attracting serious buyers and maximizing your sale.
ATTENTION BUYERS! Inventory is climbing quickly — up 7% in just the past couple of weeks — giving buyers more options and negotiating power than we’ve seen in years. With demand holding steady and new listings piling up, now is a smart time to make a move before competition picks up or rates shift again.
ATTENTION SELLERS! Buyer demand has already begun to soften — down 3% in just the last two weeks — and with mortgage rates creeping back toward 7%, this trend may continue. If you're thinking of selling, now is the time to act while demand is still steady and before the market slows further.
Included below is your Irvine Real Estate Market snapshot. I am your local resource for all your real estate needs. Referrals are always appreciated.
- Ellie Yung, Your Orange County Real Estate Specialist
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January 2025 - April 2025 (4-Month Look Back)
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March 2024 - March 2025 (12-Month Look Back)
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Market Action Index (MAI)
Comparison rate of sales versus inventory
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The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb..
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CONVENANT HILLS, LADERA RANCH - Offered At $3,998,000
6 Bedroom | 6 Bath | 4,921 SqFt Living | 11,347 SqFt Lot
On Market - May 6th, 2025
Buyer Agent Commission: 2%*
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Exquisite Spanish-Style Custom Estate! Meticulously upgraded to meet modern standards, this stunning residence is nestled within the prestigious guard-gated community of Covenant Hills in Ladera Ranch. Ideally positioned on a private, single-loaded street at the end of a cul-de-sac, the home sits on an expansive 11,000+ sq ft lot offering sweeping views of the city and picturesque rolling hills. The main residence features 5 spacious bedrooms, 4.5 baths, and a 2-car garage. A separate casita adds versatility with 1 bedroom, 1.5 baths, and its own 1-car garage—ideal for multi-generational living, guests, or rental income. Inside, classic Spanish architecture meets contemporary design, creating an atmosphere of refined luxury and comfort throughout.
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268 LOCKFORD - Offered At $1,195,000
3 Bedroom | 2 Bath | 1,598 SqFt Living
Buyer Agent Commission: 2%*
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Nestled within the highly sought-after 24-hour Guard-Gated community of Auburn in Northpark, this rare and beautifully upgraded SINGLE LEVEL home offers the perfect blend of luxury, comfort, and convenience. The OPEN FLOORPLAN welcomes you into a spacious Great Room anchored by a cozy fireplace, creating a warm and inviting space to relax or entertain. The Great Room flows seamlessly into the stunning Gourmet Chef’s Kitchen, featuring sleek Quartz countertops, crisp white shaker cabinets, premium stainless steel appliances, and lots of storage. Adjacent to the kitchen is a dedicated Dining area with French doors that open to the expansive backyard—offering a seamless INDOOR/OUTDOOR lifestyle. Just minutes from Orchard Hills and Northpark Shopping Centers, and within walking distance to HOA amenities. Low Mello Roos! Don’t miss out on this hidden gem!
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32 SAN CLEMENTE - Offered At $1,115,000
2 Bedroom | 2.5 Bath | 1,434 SqFt Living
Buyer Agent Commission: 2%*
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Charming Turnkey Condo with Dual Primary Suites in the Prestigious 24-Hour Guard-Gated community of Brisbane in Northpark! This beautifully upgraded residence offers a rare and versatile floorplan featuring Dual Primary Suites, one on each level. Enjoy an oversized, wrap-around backyard offering exceptional outdoor space. Upstairs, the expansive and light-filled Great Room impresses with vaulted ceilings, custom media built-ins, and a cozy fireplace. The open Dining area connects to a private patio deck, creating a seamless INDOOR/OUTDOOR flow perfect for entertaining. The Chef’s kitchen boasts white shaker cabinets, ample counter space, a breakfast nook, and abundant storage. Ideally located near Orchard Hills and Northpark Shopping Centers and zoned for award-winning schools. Low Mello-Roos and a prime location make this home a true hidden gem!
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38 ACACIA TREE LANE - Offered At $1,699,000
3 Bedroom | 2.5 Bath | 1,978 SqFt Living | 3,000 SqFt Lot
Buyer Agent Commission: 2%*
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Nestled in the highly sought-after Village Park community of University Park, this beautifully upgraded home offers 3 bedrooms, 2.5 baths, and 2-car garage. Situated on a premium lot directly across from a greenbelt, the property features a serene courtyard, a Chef's kitchen with white shaker cabinets and quartz countertops, and a spacious Great Room with a cozy fireplace. Luxurious Primary Suite boasts vaulted ceilings, a private balcony, and a spa-like bathroom. Residents enjoy proximity to award-winning schools, including University High School, and amenities such as swimming pools, tennis courts, and parks. Low HOA and No Mello Roos!
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19 JEFFERSON, IRVINE - Offered At $1,938,000
4 Bedroom | 2.5 Bath | 2,148 SqFt Living | 4,465 SqFt Lot
Buyer Agent Commission: 2%*
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Beautifully renovated home in Northwood's Courtside Community nestled near the end of a quiet cul-de-sac with no neighbors behind. Turnkey, move-in-ready home with an open floor plan, vaulted ceilings, and abundant natural light. The Chef’s kitchen features white shaker cabinets, quartz countertops, and new stainless steel appliances, flowing seamlessly into the family room with a cozy fireplace. Primary suite boasts vaulted ceilings and a spa-like bath, while the expansive backyard offers privacy and potential for an ADU. Located within walking distance to Brywood Elementary and Northwood Courtside Park, and minutes from shopping and dining options, this home is zoned for award-winning Irvine Schools.
Low HOA and No Mello Roos!
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* Buyer’s Brokerage Compensation is not binding unless confirmed by a separate agreement among the applicable parties.
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To obtain a complimentary instant home valuation and quick peek at the market activity near your home, please click the button below.
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Weekends are always a whirlwind between open houses, robotics, and fencing — but this past month, we also squeezed in a track meet and some time volunteering at SEVA Food Pantry, making food boxes. Busy, but wouldn’t have it any other way!
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