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April 2024 Market Update for Irvine

Regina Chen
May 9 1 minutes read

In April 2024, Irvine, CA remains a seller's market, characterized by high demand and limited housing supply. Homes in Irvine typically sell within 17 days of listing, reflecting a trend of decreasing median days on the market compared to the previous month and year.

The median sale price of homes in Irvine reached over $1.5 million last month, marking a significant 16% increase compared to the previous year. Additionally, the median sale price per square foot in Irvine is $858, demonstrating a substantial 24.3% increase from last year's figures.

April 2024 Market Update for Irvine

245

New Listings

262

Active Listings

120

Under Contract

214

Closed Sales

102.3%

Sale-to-List Price

Buyer Seller

$1,519,500  

Median Sales Price

1.6

Months of Supply

17

Average Days on Market

$858

Median Price per Square Foot

Curious about how your home's value has changed?

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