he Irvine housing market is anything but one-size-fits-all! Activity varies widely by price point and property type. While some homes are still moving quickly, others, especially at higher price ranges, are taking longer to sell.
Read More
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.
Read More
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.
Read More
The Irvine market is currently balanced, with more inventory, improving mortgage rates, and a slower pace than in previous years. However, this stability may not last—just a slight drop in rates could quickly increase buyer activity.
Read More
After a slow start to the year, the Orange County housing market is picking up speed with rising demand and a significant drop in market time. The early-year lull is over, and competition is growing fast. Buyers and sellers should be prepared for an increasingly active market ahead.
Read More
As of January 2025, Irvine's housing market is experiencing robust activity, with homes selling quickly and attracting multiple offers. The median sale price has risen to $1.5 million, a 10.5% increase from the previous year, indicating strong buyer interest!
Read More