Last month in February, housing in Irvine, CA ended with 184 homes being added to the market for sale, for a cumulative monthly total of 380 homes for sale - up 13% compared to January. Irvine, CA had a total of 155 homes sold for the month - up 18% from the month prior.
Attached led the way in homes sold with a total of 86 - up 24%, while detached totaled 69 in closed sales - up 10% from the month of January. The number of detached properties sold under 1500 square feet totaled 8 for the month of February, while homes from 1500 to 2000 square feet recorded 13 sales and homes sized from 2000 to 2500 square feet had 17 sales. While homes from 2500 to 3000 square feet square feet recorded 14 homes sold and homes from 3000 to 3500 square feet had 8 sales, while homes in the 3500 to 4000 square feet range totaled 4 homes sold. Homes from 4000 to 4500 square feet had 2 sales and homes from 4500 to 5000 square feet had 3 sales. The following ranges for detached homes all had no sales: over 5500.
The number of attached homes sold under 1500 square feet numbered 34, attached homes in the square feet range of 1500 to 2000 recorded 27 sales and attached properties from 2000 to 2500 square feet had a total of 19 homes sold. Attached properties from 2500 to 3000 square feet had a total of 6 homes sold. The following ranges for attached homes all had no sales: 3000 to 3500, 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 May 2023, July 2023 and August 2023. The months of May 2023, July 2023 and August 2023 had 190 - 191 and 206 homes sold, respectively, as compared to an average of 156 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 July 2023, August 2023 and September 2023. The months of July 2023, August 2023 and September 2023 had 14 - 14 and 14 days on market, respectively, as compared to an average of 20 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 | - | - | - | - | - | - | - | - | - | - | 282 |
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 | - | - | - | - | - | - | - | - | - | - | 18 |
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 | - | - | - | - | - | - | - | - | - | - | 64 |
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 | - | - | - | - | - | - | - | - | - | - | 352 |
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 |