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Irvine CA Real Estate Sales Market Update for First Half of 2016

Irvine CA Home Sales

Irvine CA Home Sales

Irvine CA real estate sales market report for first half of 2016 #LiveAtIrvine

Irvine CA continues as the top home selling city at Orange County and experienced continued solid numbers again for the first half of 2016.

  • 1,610 Irvine homes were sold during first half of this year 2016.
  • 268 average number of homes sold each month so far this year.
  • $883,731 was average home sold price for those first six months this year 2016.
  • 1,946 sf was average interior size of Irvine homes sold during first half of 2016.
  • $9,950,000 was highest home sold price at Irvine during first half of 2016.
  • 64 days was average time on market for those sold homes.

 

Irvine CA Midyear real estate update-b-

Compare this with same time last year first half of 2015:

  • 1,562 Irvine homes sold last year during first half of 2015.
  • 260 was average Irvine number of homes sold each month during that time.
  • 839,961 was average Irvine home sold price for those first six months 2015.
  • 1,915 sf was average interior size of Irvine homes sold during first half of 2015.
  • $7,650,000 was highest home sold price at Irvine during that time.
  • 67 days was average time on market for those sold homes during first half of 2015.

Irvine CA Homes and Real Estate

So Irvine home selling numbers are up more than 3 percent during first half of 2016 – as compared with same time last year during first half of 2015.

Irvine CA continues as the economy powerhouse at Orange County and Southern California – with expanded economy opportunities for businesses.  Irvine has more than 200,000 jobs (at private companies and public agencies), which is more jobs than the number of people over the age of 18. Irvine now has population of about 250,000 people.

Contact us to find out more information about Irvine homes and selling values for 2016.

By Harrison K. Long – Realtor, professional real estate representative, and CA real estate broker – CALBRE #01410855.  Source of information is CRMLS multiple listing service and is for homes represented by all brokers and agents. This does not include data for new home sales directly from the builders to the public.

Irvine CA homes for sale – search here

#LiveAtIrvine – “Irvine CA Real Estate Market Report Update for first half of 2016”

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