Home owner/sellers at Irvine CA real estate should be optimistic about their property values and that they can list and sell at reasonable prices. 
Owners and sellers should have correct information about the market, be positive about property values, and that they are in control of what they and their Realtor agents can do to market and sell the properties.
2006 - 2,034 Irvine homes resold for the year - average of 169 sold per month - average sold price of $789,059
2007 - 1,694 Irvine homes were resold for the year - average of 141 homes sold per month - average sold price of $798,791
2008 - 1,680 Irvine homes resold for the year - average of 140 resold per month - average sold price of $715,503
2011 - 1,715 Irvine homes sold - as of October 31, 2011 - average of 171 homes sold each month - average sold price of $642,888
So while the average resold home price at Irvine CA real estate was down 19.5% since the peak market of 2007, that moderation is much less than most other Orange County and California cities.
Irvine has more than 190,000 jobs for workers, continues to sell more real estate than at other Orange County cities, and 21 percent more Irvine homes are being sold this year during 2011 as compared with that peak.
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HARRISON K. LONG – REALTOR® and broker associate, GRI – Coldwell Banker Residential Brokerage – 949-854-7747 (phone) – ExploreProperties@gmail.com (email) – CA DRE 01410855 – SFR short sale and foreclosure resource certified by the National Association of REALTORs® – now serving as an appointed director at California Association of REALTORs® – also a lawyer licensed by the California State Bar, member #69137.
Some information here is from CRMLS and IDX link, does not include new home sales, and is for homes for resale and those listed by all agents and brokers.
Please contact us here about listing and sale of Irvine CA homes and real estate. - Professional REALTOR® agent representation and help for property owners, private trust estate representatives, estate administrators and executors, 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
