Sunday, September 2, 2012

Irvine CA Home Buying Market Surges & Needs More For Sale Listings

Irvine Housing market update

Irvine CA home buyers need to be prepared for competition with other buyers these days - where most homes under $1 million are getting multiple offers and some selling to cash buyers.

The home buying surge continues at Irvine CA real estate - where 7 of the 8 zip code areas had home reselling prices up and also home sale numbers up - for the 22 business days ending on August 15, 2012.

680 homes were sold at the Irvine CA housing market this year during 3 months from June 1 to August 31, 2012 - with average sold price of $689,256.

That's an Irvine home sales volume increase of 14.8 percent - and sales price gain of 6.5 percent - as compared with same three months last year 2011.

592 Irvine CA homes were resold during three months last year from June 1 to August 31, 2011 - with average sold price of $647,031.

372 Irvine homes are now listed for resale on the MLS - which is a drop of more than 100 percent since the same time last year.

The Irvine CA housing market needs more for sale listings.

NOTE TO IRVINE PROPERTY OWNERS: THE HOUSING MARKET IS HOT AND MOVING QUICKLY. NOW MIGHT BE A GOOD TIME TO LIST AND SELL YOUR HOME.

S707476

Northwood Village listings

Shady Canyon listings

Turtle Ridge Irvine SFR listings

Turtle Rock SFR listings

University Park listings

Woodbridge SFR listings

Contact us here for information about listing and selling homes at Irvine CA real estate.

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Source of information is CRMLS and IDX links is includes property sold by all agents and brokers.

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Posted via email from Explore OC Homes

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