Irvine Housing Market Report – April 2026
Here's a look at how the Irvine, CA real estate market performed in April 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 169
- Median Sale Price: $1,500,000
- Average Sale Price: $1,694,194
- Average Price Per Sq Ft: $798
- Average Days on Market: 69
- Sale-to-List Price Ratio: 98.6%
Month-Over-Month Trends
Compared to March, the median sale price in Irvine moved 2.9% up (from $1,458,000 to $1,500,000). The number of homes sold was 13.8% down compared to the prior month (196 vs. 169). Average days on market shifted 9.2% down (76 days to 69 days).
Year-Over-Year Comparison
Compared to April 2025, the median sale price is 8.5% down (from $1,640,000 to $1,500,000). Sales volume is 5.6% down year-over-year.
What This Means
Irvine's housing market is showing some conflicting signals this April. On the surface, the median price jumped nearly 3 percent month-over-month to $1.5 million, and homes are selling faster—down to 69 days on market from 76. But dig deeper and you'll see the softer reality: sales volume dropped 13.8 percent compared to March, and year-over-year prices are actually down 8.5 percent. This suggests we're in a seasonal uptick rather than a sustained recovery. Spring typically brings more buyer activity, but the numbers indicate fewer serious buyers are in the market than last April.
The silver lining is that homes are commanding 98.6 percent of asking price, showing sellers still have some negotiating power in this range. The gap between median and average prices—$1.5 million versus $1.69 million—tells us luxury properties are pulling the average up while middle-market homes dominate the actual sales mix. With nearly 900 active listings, inventory remains elevated, giving buyers more choice and breathing room to be selective.
For buyers, this is a relatively balanced market. Sellers shouldn't expect bidding wars, but homes priced and presented well still move reasonably fast. Interest rates and broader economic uncertainty likely remain the biggest headwinds keeping transaction volume below year-ago levels.
Irvine Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92618 | 41 | $1,800,000 | $734 | 71 |
| 92620 | 34 | $1,650,000 | $763 | 73 |
| 92612 | 22 | $989,000 | $791 | 73 |
| 92602 | 22 | $2,144,000 | $869 | 52 |
| 92614 | 15 | $1,105,000 | $794 | 82 |
| 92604 | 15 | $1,400,000 | $806 | 72 |
| 92606 | 11 | $905,000 | $778 | 78 |
| 92603 | 9 | $2,500,000 | $1,075 | 44 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| CONDOS | 84 | $1,203,250 | $767 |
| SINGLE_FAMILY | 68 | $2,249,500 | $883 |
| TOWNHOMES | 12 | $1,117,500 | $756 |
| MOBILE | 5 | $405,000 | $251 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 1 |
| $300K - $399K | 1 |
| $400K - $499K | 2 |
| $500K - $749K | 16 |
| $750K+ | 149 |
Current Active Listings
As of this report, there are 877 active listings in Irvine with a median asking price of $1,688,000 and an average of 55 days on market.
Thinking About Selling Your Irvine Home?
If you're a homeowner in Irvine considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Irvine and throughout Orange County — get a no-obligation cash offer today.
