Your Real Estate Market Update
Irvine, CA 92618
Single-Family Homes
Sarah Geiger
Irvine, CA 92618
Sun Jun 21 2026
This week the median list price for Irvine, CA 92618 is $2,988,888 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 89.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.
Real-Time Market Profile
| Median List Price | $2,988,888 | |
| Median Price of New Listings | $2,790,000 | |
| Per Square Foot | $877 | |
| Average Days on Market | 105 | |
| Median Days on Market | 70 | |
| Price Decreased | 33% | |
| Price Increased | 8% | |
| Relisted | 17% | |
| Inventory | 89 | |
| Median Rent | ||
| Market Action | 33 | |
| Slight Seller's Advantage | ||
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $4,780,000 | 4,834 | 6,500 - 8,000 sqft | 5 | 6 | 8 | 4 | 1 | 56 |
| $3,445,944 | 3,671 | 4,500 - 6,500 sqft | 4 | 5 | 7 | 0 | 1 | 70 |
| $2,742,399 | 3,142 | 4,500 - 6,500 sqft | 4 | 4.5 | 5 | 3 | 1 | 87 |
| $1,962,691 | 2,481 | 0 - 4,500 sqft | 4 | 3.5 | 4 | 2 | 2 | 80 |