People are especially attracted to Irvine, because of its positive economy and jobs, famous and award-winning schools, that it is one of the safest cities in America, and has some of the best weather anywhere.
423 Irvine homes are now listed for sale – as of February 4, 2015 – with average list price of $1,208,722.
162 Irvine homes sold with closed deals last month during January 2015 – with average sold price at $790,562 – and average time on market for those homes was 88 days.
Last year during January 2014 – 116 Irvine homes sold with closed deals – with average sold price at $756,637.
Irvine home sellers who are serious are considering “fair market value” – the amount that other homes in the neighborhoods have actually sold for. Buyers have more negotiating power and better choices now as compared with last year.
Irvine home selling markets are more balanced these days – with little or no advantage to either buyers or sellers.
More homes are sold and money spent to buy Irvine real estate as compared with any other city in the OC.