April 2024 Market Update for Irvine
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
$1,519,500
Median Sales Price
1.6
Months of Supply
17
Average Days on Market
$858
Median Price per Square Foot
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