Irvine Market Update - August🏡

Irvine Market Update - August🏡
AUGUST 2026 | IRVINE REAL ESTATE + COMMUNITY UPDATE

ORANGE COUNTY MARKET UPDATE - 64% of Irvine homes currently for sale have been on the market for at least one month, while 41% have surpassed two months. While buyers remain thoughtful due to affordability, this creates an opportunity for well-priced and strategically positioned homes to stand out. With more competition among sellers, homes that are priced right and presented well are in the best position to attract attention and secure an offer.

ATTENTION BUYERS - Active listing inventory has increased by 323 homes in the past two weeks, up 7%, the highest level since last July. With more homes to choose from and demand softening, buyers may have more negotiating power and less competition, making this a good time to explore the market and find the right home before inventory potentially peaks later this year.

ATTENTION SELLERS -  Demand fell 6% over the past 2 weeks, the lowest mid-July reading since 2004. With mortgage rates currently at 6.67%, buyers are becoming more cautious, making strategic pricing, strong presentation, and proper positioning more important than ever for sellers looking to attract serious buyers and avoid sitting on the 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

May 2026 - August 2026 (4-Month Look Back)
July 2025 - July 2026 (12-Month Look Back)
14 LONESTAR, IRVINE
Offered at  $3,998,000
4 Bedroom | 4.5 Bath | 4,081 Sq Ft | 6,192 Sq Ft Lot

OPEN HOUSE: Sunday (8/16) 2-4 PM
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 exceptional residence offers privacy, luxury, and an unbeatable location.
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58 RIVERBOAT, IRVINE
Offered at $2,799,000
4 Bedroom | 4.5 Bath | 2,766 Sq Ft Living | 5,479 Sq ft Lot
OPEN HOUSE: Saturday (8/15) 2-4 PM
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.
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The Summit at Orchard Hills: Irvine's Hottest Luxury Homes
Irvine community is making headlines with luxury homes selling fast, premium view lots attracting buyers, and some of the city's highest-priced new construction homes. In this video, I take you inside The Summit at Orchard Hills to share what's fueling the excitement, why demand continues to grow, and what this could mean for the future of Irvine's luxury real estate market.
Irvine Just Announced Gateway Village
A major transformation is coming to North Irvine! Irvine has officially broken ground on Gateway Village, a brand-new master-planned community that will introduce over 1,100 new homes, beautiful parks, miles of scenic trails, and direct access to a stunning 700-acre nature preserve.
Summer’s over, the kids are back to school, and it went by way too fast. We didn’t travel much this summer, but we still had plenty of fun close to home, from evenings at Great Park Live to volunteering at Second Harvest Food Bank and spending time with family. It was a pretty low-key summer, but a good one.
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Copyright © 2019 Ellie Yung Real Estate, DRE #02035951.
 
The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted, and you should not rely upon it without personal verification. Not intended as a solicitation if your property is already listed by another broker. ©2025 Coldwell Banker. All Rights Reserved. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. 2559 SR-DC_OC_4/25
 
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