Altos Research

Irvine, CA

Single-Family Homes

Market Data for Realtors. Schedule a demo today at altos.re.



Irvine, CA

Sun Sep 22 2019
This week the median list price for Irvine, CA is $1,488,888 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has held steady at or around 437. Click here to stay informed with the Irvine market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Irvine, CA

Sun Sep 22 2019
This week the median list price for Irvine, CA is $1,488,888 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has held steady at or around 437. Click here to stay informed with the Irvine market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Irvine market.
Median List Price $1,488,888
Per Square Foot $503
Days on Market 97
Price Decreased 50%
Price Increased 2%
Relisted 9%
Inventory 437
Median House Rent $4,000
Most Expensive $19,800,000
Least Expensive $590,000
Market Action Index
Slight Seller's Advantage
35

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$3,295,000 4,887 8,000 - 10,000 sqft 5 5 10 6 3 144
$1,670,000 3,424 4,500 - 6,500 sqft 4 4 5 8 7 98
$1,308,888 2,690 4,500 - 6,500 sqft 4 3 9 6 14 83
$949,000 2,075 0 - 4,500 sqft 4 2 41 9 16 65