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MID YEAR MARKET UPDATE: As we head into the second half of 2026, the Irvine and Orange County housing market continues to normalize. Inventory remains relatively steady, buyer demand is holding despite higher mortgage rates, and homes are taking a bit longer to sellāmaking strategy and proper pricing more important than ever.
ATTENTION BUYERS: With inventory continuing to grow and seller competition increasing, buyers have more options and greater negotiating power than they've had in recent years. While mortgage rates remain elevated, today's market offers the opportunity to be more selective, negotiate favorable terms, and avoid the intense bidding wars that defined the past few years.
ATTENTION SELLERS: While buyer demand remains steady, it is still 69% below pre-pandemic norms, making proper pricing and preparation more important than ever. The good news is that inventory remains well below historical averages, giving well-positioned homes the opportunity to stand out and attract serious buyers in today's more balanced market.
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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March 2026 - June 2026 (4-Month Look Back)
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May 2025 - May 2026 (12-Month Look Back)
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Market Action Index (MAI)
Comparison rate of sales versus inventory
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More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
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14 LONESTAR, IRVINE
Offered at $4,050,000
4 Bedroom | 4.5 Bath | 6,192 SqFt Living
SCHEDULE A PRIVATE SHOWING TODAY
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Gorgeous Model-Like Tuscan Estate nestled within the prestigious guard-gated community of The Groves at Orchard Hills. Situated on a premium CORNER LOT with no home on one side. This stunning home welcomes you with a grand foyer, soaring ceilings, elegant tile flooring, and beautiful wood ceiling beams that add warmth, charm, and architectural character throughout the living spaces. Designed for seamless indoor-outdoor living, the expansive open-concept floorplan features stacked dual accordion doors that open the Great Room and Dining Room to the serene backyard. The Chef-inspired Kitchen showcases upgraded European cabinetry, custom quartz countertops, marble backsplash, and professional-grade stainless steel appliances. Tucked behind the main kitchen is a fully equipped Prep Kitchen featuring a separate cooktop, additional refrigerator, dishwasher, and oversized walk-in pantry. The main level includes a highly desirable Multi-Generational Suite with its own private entrance, separate living room or office, plus an additional MAIN-FLOOR BEDROOM with full bath, and a separate powder room. Upstairs, rich hardwood flooring leads to a spacious Loft, ideal for a playroom, media space, or study area. Additional highlights include EV charging, tankless water heater, and a 2-car attached garage. Located within the award-winning Tustin Unified School District and close to Orchard Hills Shopping Center, dining, parks, and resort-style community amenities.
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58 RIVERBOAT, IRVINE
Offered at $2,850,000
4 Bedroom | 4.5 Bath | 2,766 Sq Ft Living | 5,479 Sq ft Lot
OPEN HOUSE: Saturday (6/13) & Sunday (6/14) 1-4 PM
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LOWEST PRICED POOL HOME behind the guard gates of The Groves in the prestigious community of Orchard Hills! Situated on a premium 5,200+ sq ft lot at the end of the street with no neighbors on one side, this exceptional residence offers 4 Bedrooms + Den + Loft, 4.5 Baths, a Main Floor Bedroom and Full Bath, 23 Owned Solar Panels, and a Private Pool and Spa. Step through the formal foyer into a spectacular OPEN FLOORPLAN featuring soaring ceilings, engineered wood flooring, and walls of windows that flood the home with natural light. The private Den off the entry is perfect for a home office, music room, or study space. The Chef-inspired Kitchen showcases upgraded dark brown cabinetry and custom quartz countertops. Expansive L-shaped sliding doors open completely for seamless INDOOR/OUTDOOR ENTERTAINING. The breathtaking Resort-Style Backyard features a stunning California Room with a built-in TV and cozy fireplace, PRIVATE POOL, baja shelf, and raised spa. Additional GREEN features include 23 Owned Solar Panels, tankless water heater, water softener system, and direct-access 2-car attached garage. Prime location within walking distance to community parks and pool, close to Orchard Hills School, resort-style HOA amenities, and numerous dining options. Zoned for award-winning California Distinguished Tustin Unified Schools. This is an incredible opportunity to own one of the finest pool homes in one of Irvineās most sought-after guard-gated communities!
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Enter now for a chance to WIN our "Back to School" Giveaway courtesy of Ellie Yung Real Estate & Coldwell Banker Realty.
$500 TARGET GIFT CARD | 5 Winnersā
$300 TARGET GIFT CARD | 4 Winnersā
$100 TARGET GIFT CARD | 30 Winnersā
GOOD LUCK!
The winner will be chosen on or around July 1st!
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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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