Irvine real estate report Feb 2013

Irvine Real Estate Report

Irvine Real Estate at a Glance:   Volume remained strong despite the holiday season. More inventory is hitting the market now that the new year has begun so we should be an increase in monthly sales volume as the existing demand can be met.

South Orange County Real Estate General Economic Conditions: South Orange County Continues the trend of very low inventory creating short sales cycles for sellers. Today it is typical for a appropriately priced and well marketed home to be in escrow in a week. Prices continue to slowly move up as record low rates keep buyers demand high.

Detached Homes

Current Active Inventory 110

Behind the Numbers

Average volume past 3 months 94.5

Prices  overall uptick for the year

Volume  staying fairly consistent and strong

irvine real estate volume detached homesirvine real estate prices detached homes

What this means for

Buyers – available inventory is on par with average monthly volume so buyers need to move quick to make sure they are seeing the best of what is out there. To make sure you are seeing everything as soon as it hits the market we offer email listing alerts so you see exactly what’s on the market and find the best home for you.

Sellers –  With the high amount of inventory homes need to be priced,  prepared, and marketed correctly to get the type of attention that generates offers, especially at the top end of the market. For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

 

Attached Homes

Current Active Inventory 106

Behind the Numbers

Average volume past 3 months 96

Prices  on a upswing trend for the year

Volume  steady with slight drop for the holiday season

irvine real estate volume attached homesirvine real estate prices attached

What this means for

Buyers – attached Irvine homes for sale inventory is on par with the average monthly volume so buyers need to move quick to get one of the best properties available. To make sure you are seeing everything as soon as it hits the market we offer email listing alerts so you see exactly what’s on the market that fits your criteria as soon as it hits the market.

Sellers – The inventory is on par with the average monthly demand providing an opportunity to list your Irvine real estate and get a good price and a quick transaction. For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

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Posted in for buyers, for sellers, Irvine Real Estate, OC real estate
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