Irvine Homes & Real Estate Market Update Reveals that August 2016 was Solid

Irvine CA Homes & Real Estate Market Update reveals that August 2016 was another solid month for home selling.  

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Irvine homes and real estate

  • 270 Irvine homes were sold during August 2016, and that is the most as compared with any city in Orange County CA.
  • $893,417 was average home selling price at Irvine during August 2016.
  • 1,977 sf was average interior size of Irvine homes sold during August this year.
  • $452 per SF interior size was average home selling price at Irvine during August this year.
  • 61 days was average time on market for those sold homes during August.

Irvine CA Homes and Real Estate

  • 205 Irvine homes were sold last year during August 2015 – which was also the largest number of homes sold as compared with any city in Orange County CA.
  • $881,211 was average home selling price at Irvine last year during August 2015.
  • 1,907 sf was average interior size of Irvine homes sold during August 2015.
  • $447 per SF interior size was average home selling price at Irvine during August 2015.
  • 59 days was average time on market for those sold homes during August 2015.

What this means:

  • Irvine home sales were up 31 percent during August this year as compared with same time last year August 2015.
  • Average home selling price numbers, per SF interior sold price, and number of days on market was close to the same this year during August as compared with last year during August 2015.

Irvine CA is the top home selling city at Orange County and experienced solid numbers 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.
  • $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.

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

  • 1,562 Irvine homes sold 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 continues to be the economy powerhouse at Orange County CA. ome 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.

Contact us here Irvine CA homes and selling values and property opportunities.

What_is_your_Irvine_home_worth-b-By Harrison K. Long – Realtor, professional real estate representative. Real estate broker – CALBRE #01410855 – contact by cell or text at 949-7021-2515.

Source of information is CRMLS multiple listing service and ReportsOnHousing.com and is for homes represented by all brokers and agents – and does not include data for new home sales directly from the builders to the public.

See Irvine CA homes for sale – click here

“Irvine Home Selling – Real Estate Market Update Reveals that August 2016 was Solid”

About Harrison K. Long

Professional real estate representative, Realtor, GRI. Real estate broker associate, HomeSmart Evergreen Realty, Orange County, California - CALBRE #01410855 - Helping property owners, estate trustees, executors and administrators, fiduciaries, bankers, investor group managers, with listing and sale of properties - helping people with their best decisions about homes and real estate - Orange County REALTORs, member and prior service on its board of directors. California Association of Realtors, member and now serving on its board of directors. National Association of Realtors member. Also an attorney member of the California State Bar Association #69137 - Contact by telephone or text at 949-701-2515.
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