How’s the Irvine Real Estate Market for SFR homes?

By
Real Estate Agent with Coldwell Banker Realty DRE# 01411020

This week the median list price for Irvine Single Family Residences, (not condos), is $1,498,888 with the market action index hovering around 34.

This is less than last month's market action index of 37. Inventory has held steady at or around 311.

 

Market Action Index
This answers “How’s the Market?” by comparing rate of sales ersus inventory.

How’s the Irvine Market
This "Slight Seller's Advantage" is for SFR homes in the whole of Irvine.

 

Interested in a market Report for your Village? Just head over to  https://www.HomesForSaleinIrvine.com and click on a Village, (Irvine area), then on "Market Report".


The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in Market Action Index, we’re in the Seller’s zone.

 

Watch for changes in Market Action Index. If it resumes its climb, prices will likely follow suit.

 

If the Market Action Index drops, we'll be heading towards a Buyer’s Market.

Comments (3)

Raymond Denton
Homesmart / Evergreen Realty - Irvine, CA
Irvine Realtor®

Your hyperlink to check out the Market Reports isn't working properly Debbie Sagorin.  The error message says:

This site can’t be reached

Check if there is a typo in www.homesforsaleinirvineoc.com%20

Oct 01, 2023 08:55 AM
Debbie Sagorin

How kind of you to let me know, Raymond.
Thanks a lot, and stay dry!

Oct 01, 2023 11:04 AM
Raymond Denton
Homesmart / Evergreen Realty - Irvine, CA
Irvine Realtor®

You're welcome, Debbie - I'm staying dry watching football today.  I really like the layout of your RealGeeks website.  Would you be able to let me know who the Designer is?  My RealGeeks website is CastaDelSolRealEstate.com and I did it myself, but it's not attractive or as user friendly as yours.

Oct 01, 2023 12:25 PM
Debbie Sagorin
Coldwell Banker Realty - Irvine, CA
Marketing Irvine to the Highest Level

Sure, Raymond:

Todd Bogert
tbogert@rgsitebuilder.com

Oct 01, 2023 12:36 PM
Raymond Denton

I've heard of him - "thank you" Debbie!

Oct 01, 2023 03:31 PM