Irvine Market Update - March🏡

A WINDOW OF OPPORTUNITY! The Irvine market is currently balanced, with more inventory, improving mortgage rates, and a slower pace than in previous years. However, this stability may not last—just a slight drop in rates could quickly increase buyer activity. It's the "calm before the storm". Whether you're buying or selling, now is the time to stay ahead of the market.

ATTENTION BUYERS! The market for homebuyers is prime right now—arguably the best in years. But this calm won't last long. A surge in buyer activity is coming, and with it, a much hotter market. Inventory is growing fast this Spring, giving you more choices and less competition. With demand still low, now's the time to find your home before the market shifts. Once mortgage rates drop, competition will heat up. Act fast while the conditions are in your favor!

ATTENTION SELLERS! Buyer demand is rising, hitting its highest level since last May, and mortgage rates are now below 7%, creating prime conditions for sellers. The week of April 13th is historically the hottest time to sell, with homes listed during this period selling for 1.1% more and 9 days faster than average. Capitalize on growing demand while competition remains manageable—now is your chance to maximize your sale price!

Included below is your Irvine Real Estate Market snapshot. I am your local resource for all your real estate needs. Referrals are always appreciated.

- Ellie Yung, Your Orange County Real Estate Specialist

December 2024 - March 2025 (4-Month Look Back)

February 2024 - February 2025 (12-Month Look Back)

Market Action Index (MAI)
Comparison rate of sales versus inventory

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

19 JEFFERSON, IRVINE - Offered At $1,999,000
4 Bedroom | 2.5 Bath | 2,148 SqFt Living | 4,465 SqFt Lot
Buyer Agent Commission: 2%*

Gorgeous Newly Renovated Home in the Highly Sought-After Courtside Community of Northwood! Nestled near the end of a quiet cul-de-sac with no neighbors behind, this Turnkey, Move-In-Ready home offers the perfect blend of style, comfort, and privacy. Step into the formal foyer and be greeted by a spectacular Open Floor Plan featuring soaring vaulted ceilings, luxury vinyl flooring, a stunning staircase, and an abundance of natural light. The newly upgraded Chef’s Kitchen is bright and airy, boasting white shaker cabinets, marble-like quartz countertops and tile backsplash, floating shelves, brand-new stainless steel appliances, and ample counter space. A charming Breakfast Nook overlooks the oversized, lush green backyard, creating the perfect setting for morning coffee. The kitchen seamlessly flows into the inviting Family Room, complete with a cozy fireplace and sliding doors leading to the backyard—ideal for Indoor/Outdoor Entertaining. Enjoy ultimate privacy in the expansive backyard, which backs up to another cul-de-sac, offering endless possibilities, including the potential to add an ADU with a separate entrance. Upstairs, retreat to the Luxurious Primary Suite, featuring vaulted ceilings, recessed lighting, and a newly renovated spa-like bath with dual vanities and an oversized shower. Zoned for award-winning Irvine Schools, including Northwood High. No Mello Roos!! This home is a rare opportunity at this price and will go quick!

* Buyer’s Brokerage Compensation is not binding unless confirmed by a separate agreement among the applicable parties.

Enter now for a chance to WIN our "Spring Shopping" Giveaway courtesy of
Ellie Yung Real Estate & Coldwell Banker Realty

Grand Prize:
$500 AMAZON GIFT CARD | 4 Winners

Additional Prizes:
$300 AMAZON GIFT CARD GIFT CARD | 3 Winners
$100 AMAZON GIFT CARD | 30 Winners

Entry Dates will be from March 12-31! The winner will be chosen on or
around April 1st!

GOOD LUCK!

ENTER GIVEAWAY

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New Thai Spot Coming To Irvine Spectrum

Exciting news for foodies and Irvine lovers! Manaao Thai is opening its second OC location right at Irvine Spectrum! If you haven’t been to their Tustin spot, you’re missing out on some seriously crave-worthy Thai comfort food. From spicy Khao Soi to flavorful Green Curry, this new spot is sure to make waves! Stay tuned to find out why you’ll want to add this to your list.

March was a whirlwind! Brandon and Zoe's teams earned spots at the World Championship during the Robotics States Championship. We also traveled to Cleveland for the March Nationals Fencing Tournament—an unforgettable experience for all of us. Between all the excitement, we managed to sneak in some family time and explore Cleveland. It's been a month full of milestones, and we can't wait to see what’s next!