Hot Irvine CA Real Estate Market Needs More For Sale Listings

Irvine CA needs more homes for sale listings in this hot buyer market.

Buyer demand is very high, and Irvine needs sellers to come to the party with more supply! 

Irvine has very low number of 369 homes now listed for sale (as of September 14, 2012).

Distressed inventory at Irvine makes up just 8.6% of homes now listed  - with 10 REO lender owned after foreclosure and 22 short sales.

227 Irvine homes have been sold during the past 30 days - with average sold price of $702,857.

REALTORs® at Irvine see big buyer competition and multiple offers for homes.

Irvine homes for sale below $1 million are getting big time action - some with all cash investors.

Average market time for sale of Irvine homes - number of days it would theoretically take to sell all homes now on the market at current buying pace - is now less than two months - an almost lightening fast paced market. 

Average list price of Irvine homes is now $1,332,938 - Sellers at above $1 million need to be patient with homes in this range taking longer to sell - with average market time of about four months. 

The Irvine CA housing market needs more homes listed at under $1 million in order to keep up with hot hot buying demand.

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Contact us here for information about pricing - listing and sale of your Irvine CA home and real estate.

This is for information only from CRMLS multiple listing service and is for homes sold by all brokers and agents.