Irvine Housing Market Report – June 2026
Here's a look at how the Irvine, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 218
- Median Sale Price: $1,540,000
- Average Sale Price: $1,700,251
- Average Price Per Sq Ft: $803
- Average Days on Market: 65
- Sale-to-List Price Ratio: 97.8%
Month-Over-Month Trends
Compared to May, the median sale price in Irvine moved 6.2% up (from $1,450,000 to $1,540,000). The number of homes sold was 17.8% up compared to the prior month (185 vs. 218). Average days on market shifted 1.6% up (64 days to 65 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 1.9% down (from $1,570,000 to $1,540,000). Sales volume is 33.7% up year-over-year.
What This Means
Irvine's housing market is showing resilience heading into summer, with June delivering solid fundamentals despite some mixed signals. The 6.2 percent month-over-month jump in median prices to $1.54 million suggests sustained buyer demand, even as year-over-year pricing remains essentially flat. What's encouraging is the sale-to-list ratio of 97.8 percent, indicating homes are selling very close to asking price—a sign that the market remains fairly balanced rather than tilted heavily toward either buyers or sellers.
The slight uptick in days on market to 65 days is worth noting but not alarming. Homes aren't languishing, and the inventory of active listings at 1,177 suggests buyers have reasonable options without excessive competition. The property mix data shows a fairly even split between single-family homes and condos, reflecting Irvine's diverse housing stock.
One caveat: the year-over-year median price decline of 1.9 percent suggests that despite June's monthly improvement, we're not seeing aggressive price appreciation compared to last year. This is likely a cooling effect from higher interest rates stabilizing the market rather than a concerning downturn. For buyers, conditions remain favorable with moderate inventory and realistic pricing. Sellers should expect professional negotiations rather than bidding wars.
Irvine Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92618 | 68 | $1,592,500 | $727 | 74 |
| 92612 | 35 | $1,110,000 | $821 | 72 |
| 92620 | 32 | $1,510,250 | $754 | 59 |
| 92602 | 26 | $2,350,000 | $905 | 56 |
| 92603 | 18 | $1,851,500 | $1,049 | 55 |
| 92614 | 14 | $999,000 | $853 | 54 |
| 92606 | 13 | $1,625,000 | $768 | 45 |
| 92604 | 9 | $1,333,000 | $826 | 65 |
| 92617 | 3 | $865,000 | $343 | N/A |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| CONDOS | 94 | $1,239,995 | $786 |
| SINGLE_FAMILY | 88 | $2,062,000 | $865 |
| CONDO | 16 | $1,024,500 | $828 |
| TOWNHOMES | 14 | $1,247,500 | $717 |
| MOBILE | 6 | $410,500 | $305 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 4 |
| $400K - $499K | 1 |
| $500K - $749K | 9 |
| $750K+ | 204 |
Current Active Listings
As of this report, there are 1,177 active listings in Irvine with a median asking price of $1,599,000 and an average of 58 days on market.
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