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LOW TURNOVER, FEWER LISTINGS! Since the Great Recession, many homeowners have been holding on to their properties longer, and today’s higher mortgage rates have only added to that trend. This “lock-in effect” has slowed the pace of home sales, resulting in low housing turnover across Irvine and beyond.
ATTENTION BUYERS: Well-Priced Homes Still Selling Quickly! Buyer activity is slower than usual at the moment—but well-priced homes are still seeing strong demand and selling quickly. This creates a unique window of opportunity: you may have more room to negotiate, but it's still important to act fast and be prepared. Let’s connect to discuss a strategy so you're ready when the right home becomes available.
ATTENTION SELLERS: Stand Out While Others Wait!
While buyer demand remains historically low, inventory is still well below pre-pandemic levels—meaning serious buyers have fewer choices. With 19% more new listings this year, competition is slowly rising, but motivated sellers who price strategically can still attract strong offers. Listing now, before more inventory hits in summer, can help your home stand out.
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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February 2025 - May 2025 (4-Month Look Back)
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April 2024 - April 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 has been cooling in recent weeks, with inventory increasing and demand softening. As a result, we’re already seeing some downward pressure on prices—though the market still favors sellers for now. If the Market Action Index continues to decline into the buyer’s zone, this trend may persist. Conversely, a sustained uptick in the index could signal a shift back toward rising prices.
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21 ALEXA, LADERA RANCH - Offered At $3,998,000
6 Bedroom | 6 Bath | 4,921 SqFt Living | 11,347 SqFt Lot
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 a private home office. Inside, classic Spanish architecture meets contemporary design, creating an atmosphere of refined luxury and comfort throughout.
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19 JEFFERSON, IRVINE - Price Improvement At $1,850,000
4 Bedroom | 2.5 Bath | 2,148 SqFt Living | 4,465 SqFt Lot
Buyer Agent Commission: negotiable
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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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There will be a new video each week so be sure to subscribe!
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Irvine Economic Growth: Inside Irvine’s Innovation Boom
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Irvine is just getting started. Already a hub for medtech, gaming, and EV innovation, the city is now setting the stage for even greater economic growth. With thousands of new jobs on the horizon and targeted expansion in high-growth industries, this could reshape the future of work and investment in Orange County.
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The Future of Great Park: What’s Coming in 2025 & Beyond
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Irvine's Great Park is getting a MAJOR upgrade—and it's more than just grass and playgrounds. From massive lakes to a new amphitheater, botanic gardens, museums, and a cultural hub unlike anything else in California—this vision is bold, inspiring, and set to reshape Orange County living. Whether you're a future homeowner or longtime resident, you’ll want to see what’s coming.
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May was a busy month — we just got back from Dallas where we were cheering on Brandon and Zoe’s teams at the 2025 Worlds Robotics Championship! So proud of their hard work, late nights, and incredible team spirit. Just qualifying for Worlds is a huge accomplishment, and this trip is definitely one for the memory books!
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