Last month in March, housing in Irvine, CA ended with 222 homes being added to the market for sale, for a cumulative monthly total of 450 homes for sale - up 16% compared to February. Irvine, CA had a total of 201 homes sold for the month - up 23% from the month prior.
Attached led the way in homes sold with a total of 109 - up 21%, while detached totaled 92 in closed sales - up 25% from the month of February. The number of detached properties sold under 1500 square feet totaled 10 for the month of March, while homes from 1500 to 2000 square feet recorded 15 sales and homes sized from 2000 to 2500 square feet had 16 sales. While homes from 2500 to 3000 square feet square feet recorded 27 homes sold and homes from 3000 to 3500 square feet had 13 sales, while homes in the 3500 to 4000 square feet range totaled 3 homes sold. Homes from 4000 to 4500 square feet had 2 sales, homes from 4500 to 5000 square feet had 2 sales and homes over 5500 square feet recorded 3 homes sold.
The number of attached homes sold under 1500 square feet numbered 33, attached homes in the square feet range of 1500 to 2000 recorded 39 sales and attached properties from 2000 to 2500 square feet had a total of 31 homes sold. Attached properties from 2500 to 3000 square feet had a total of 4 homes sold and attached properties from 3000 to 3500 square feet had a total of 2 homes sold. The following ranges for attached homes all had no sales: 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
The last 12 month period for the city of Irvine, CA shows that the greatest number of homes were sold during the months of July 2023, August 2023 and March 2024. The months of July 2023, August 2023 and March 2024 had 191 - 206 and 201 homes sold, respectively, as compared to an average of 158 for the other months of the year.
The last 12 month period for the city of Irvine, CA shows that homes sold the fastest during the months of August 2023, September 2023 and March 2024. The months of August 2023, September 2023 and March 2024 had 14 - 14 and 12 days on market, respectively, as compared to an average of 18 for the other months of the year.
Number of homes sold in Irvine, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 127 | 155 | 201 | - | - | - | - | - | - | - | - | - | 483 |
2023 | 100 | 151 | 171 | 145 | 190 | 186 | 191 | 206 | 165 | 157 | 183 | 114 | 1959 |
2022 | 179 | 190 | 265 | 249 | 226 | 212 | 211 | 194 | 186 | 161 | 117 | 120 | 2310 |
2021 | 231 | 247 | 303 | 387 | 350 | 349 | 340 | 368 | 295 | 272 | 221 | 206 | 3569 |
2020 | 172 | 201 | 231 | 122 | 110 | 187 | 253 | 288 | 303 | 317 | 263 | 310 | 2757 |
2019 | 119 | 139 | 195 | 214 | 274 | 242 | 244 | 226 | 197 | 197 | 211 | 231 | 2489 |
2018 | 136 | 151 | 238 | 218 | 286 | 246 | 235 | 234 | 182 | 240 | 192 | 152 | 2510 |
2017 | 147 | 168 | 214 | 231 | 251 | 261 | 243 | 273 | 227 | 204 | 218 | 205 | 2642 |
Average Days On Market (DOM) In Irvine, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 18 | 17 | 12 | - | - | - | - | - | - | - | - | - | 16 |
2023 | 44 | 24 | 34 | 24 | 16 | 16 | 14 | 14 | 14 | 17 | 18 | 23 | 22 |
2022 | 13 | 7 | 7 | 7 | 11 | 13 | 14 | 17 | 22 | 27 | 27 | 35 | 17 |
2021 | 32 | 30 | 28 | 22 | 17 | 13 | 13 | 14 | 12 | 11 | 10 | 10 | 18 |
2020 | 51 | 33 | 34 | 31 | 46 | 38 | 39 | 34 | 27 | 27 | 35 | 34 | 36 |
2019 | 44 | 54 | 46 | 43 | 37 | 43 | 38 | 45 | 37 | 34 | 45 | 52 | 43 |
2018 | 38 | 31 | 23 | 19 | 18 | 23 | 25 | 35 | 32 | 36 | 35 | 49 | 30 |
2017 | 45 | 39 | 24 | 25 | 22 | 29 | 31 | 37 | 34 | 35 | 35 | 37 | 33 |
Average Days From List To Close Of Escrow In Irvine, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 65 | 62 | 53 | - | - | - | - | - | - | - | - | - | 60 |
2023 | 99 | 75 | 87 | 67 | 60 | 62 | 55 | 53 | 57 | 64 | 65 | 85 | 69 |
2022 | 63 | 55 | 58 | 54 | 54 | 53 | 59 | 59 | 71 | 75 | 68 | 78 | 62 |
2021 | 85 | 78 | 81 | 71 | 66 | 58 | 59 | 57 | 60 | 55 | 60 | 54 | 65 |
2020 | 104 | 86 | 89 | 84 | 102 | 89 | 81 | 88 | 79 | 79 | 90 | 87 | 88 |
2019 | 96 | 96 | 91 | 86 | 89 | 96 | 86 | 93 | 87 | 100 | 94 | 105 | 93 |
2018 | 86 | 73 | 66 | 60 | 64 | 67 | 73 | 76 | 75 | 80 | 84 | 100 | 75 |
2017 | 103 | 102 | 75 | 68 | 70 | 82 | 75 | 75 | 77 | 80 | 84 | 85 | 81 |
Number of homes added to the market in Irvine, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 168 | 184 | 222 | - | - | - | - | - | - | - | - | - | 574 |
2023 | 151 | 146 | 205 | 189 | 220 | 241 | 238 | 210 | 202 | 165 | 125 | 93 | 2185 |
2022 | 228 | 256 | 275 | 256 | 236 | 257 | 209 | 185 | 144 | 142 | 115 | 98 | 2401 |
2021 | 286 | 277 | 355 | 307 | 346 | 366 | 314 | 262 | 227 | 200 | 161 | 132 | 3233 |
2020 | 203 | 262 | 202 | 163 | 240 | 251 | 334 | 291 | 317 | 229 | 217 | 184 | 2893 |
2019 | 217 | 206 | 258 | 239 | 274 | 201 | 251 | 210 | 190 | 204 | 136 | 97 | 2483 |
2018 | 236 | 218 | 258 | 304 | 275 | 261 | 226 | 224 | 200 | 211 | 134 | 91 | 2638 |
2017 | 228 | 194 | 282 | 256 | 271 | 251 | 248 | 225 | 206 | 172 | 137 | 91 | 2561 |