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WILL HOME PRICES PLUNGE? ONLY 1 of 3 KEY INDICATORS IS PRESENT: Despite higher mortgage rates and lower affordability, Irvine home prices are holding strong! Historically, prices fall when three factors align: oversupply, weak demand, and distressed sales. Today, only demand has softened. Inventory and distressed properties remain low, keeping prices relatively stable.
ATTENTION BUYERS: THE MARKET IS TILTING IN YOUR FAVOR! With inventory near its peak and prices softening slightly, you have more choices and better leverage than we’ve seen in years. Demand is still muted, but competition could pick up in 2025 as more buyers enter the market, making now a smart time to act before dynamics shift.
ATTENTION SELLERS: POSITION YOURSELF AHEAD OF THE COMPETITION! Demand has ticked up by 1% in pending sales in the past two weeks as 30-year mortgage rates dropped to 6.57%, the lowest since October 2024. If rates dip below 6.5%, demand could improve noticeably, giving sellers stronger pricing power. Listing now positions you ahead of that potential surge in competition.
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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May 2025 - August 2025 (4-Month Look Back)
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July 2024 - July 2025 (12-Month Look Back)
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Market Action Index (MAI)
Comparison rate of sales versus inventory
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In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.
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124 TUBEFLOWER, IRVINE - Offered At $1,250,000
3 Bedroom | 3.5 Bath | 1,596 SqFt Living
Buyer Agent Commission: 2%*
OPEN HOUSE SAT (8/16) AND SUN (8/17) FROM 2-4PM
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The lowest priced 3-bedroom in Cypress Village!
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. Enjoy true INDOOR/OUTDOOR living with a spacious balcony that seamlessly connects to the main living area. The Chef-inspired kitchen is perfect for entertaining, boasting crisp white cabinetry, Quartz countertops, stainless steel appliances, and a large center island open to the Dining and Living areas. Prime Location! Also walking distance to Great Park, 1,300 acres of amenities and park space including the Ice Arena, Farmer's Market, Soccer & Baseball Fields, Tennis Center & more! Close to Woodbury Shopping which includes Ralphs, Trader Joes, Home Depot and many dining options! Zoned for Award Winning Irvine Unified Schools. Hurry this home will go fast!
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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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* 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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T&T Market to Open at Great Park!
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A major supermarket is coming to Irvine—and it’s one that foodies across North America can’t stop talking about. From viral baked goods to made-to-order Asian street food, this brand is about to shake up the grocery scene in the best way.
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Farmers Market Guide: Irvine & Tustin
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Farmers Markets in Irvine and Tustin are more than just produce—they’re weekend rituals, foodie hotspots, and community hangouts. From handmade goods to live music, there's a vibe for everyone
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Here’s a little sneak peek from our Japan trip this summer! It was hot, humid, and so crowded. It felt like everyone decided to visit at the same time, but we had such an amazing time! From the energy of Tokyo, to the incredible food in Osaka, to the charm of Kyoto, every stop gave us something unforgettable. We’re so grateful for the experience, and I hope you’ve all been enjoying your summer too!
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