Monday, October 8, 2012

Irvine CA Real Estate Markets Crushed With Buyers

Woodbridge South Lake 

The Irvine CA real residential real estate market is crushed with hungry buyers gobbling up the current supply of homes for sale.

Irvine needs more homes for sale to satisfy the huge buyer demand.

Irvine now has a low 338 homes listed for sale (as of October 8, 2012) - a drop of 8.4 percent from last week.  

196 Irvine homes were sold during the past 30 days - with average sold price of $693,1567.  

 good news for sellers

 

176 of the sold Irvine homes have been under $1 million - 90 percent of the market! More for sale listings in this range are needed to keep buyers satisfied.

Irvine buyers, REALTORs®and real estate professionals, are seeing big buyer competition and multiple offers for homes and properties - some from all cash buyers.

Average market time for sale of Irvine homes - number of days it would theoretically take to sell all homes now on the market at current buying pace - is now at amazingly short and quick 1.4 months - which is more than three times faster the one year ago. 

Irvine homes and real estate

Irvine home buyers crushing the markets are making sellers happy with improved contract price and terms.


Irvine CA real estate now needs many more for sale home listings to feed buyer demand.  More homes on this hot Irvine market would be good news for buyers and sellers. 

____________________________________________________________

 

Contact us here for information about pricing - listing and sale of your Irvine CA home and real estate.

 

CB previews logo

This is for information only from CRMLS multiple listing service and is for homes sold by all brokers and agents.

 

Contact us about listing and sale of IRVINE and Orange County CA homes and real estate.

Professional REALTOR® agent representationand help for property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA. 

Posted via email from Explore OC Homes

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home