Irvine Real Estate Market Report - February 2026

Irvine, CA Real Estate Market Report - February 2026

Welcome to our February 2026 real estate market report for Irvine, California. As one of the most desirable places to live in Southern California, Irvine continues to showcase a dynamic real estate landscape. With a mixture of residential options and amenities, this vibrant city attracts families, professionals, and investors alike. Let’s dive into the latest statistics and trends shaping the market this month.

Market Overview

As of February 2026, the Irvine real estate market has an average listing price of $1,177,582 and a median price of $878,300. With a total of 931 active listings, the market remains competitive, reflecting the city’s strong demand. This month has seen an influx of new listings, matching the active listings at 931, indicating a balanced market with opportunities for both buyers and sellers.

Current Trends

The current price range of properties in Irvine spans from $1,400 to $9,998,800. This wide spectrum reflects the diverse range of homes available, from affordable condos to luxury estates. Notably, the market is predominantly driven by detached homes, which make up 554 of the total listings. In contrast, the condo market remains extremely limited with only 2 active listings, while townhouses account for 64.

Advice for Buyers

For buyers navigating the Irvine market, here are some key strategies:

• Be Prepared to Act Quickly: With high demand and limited supply in certain segments, being pre-approved for a mortgage and ready to make an offer can be crucial.
• Explore Different Property Types: While detached homes are prevalent, consider townhouses and condos that may offer better value in the current market.
• Research Neighborhoods: Each area in Irvine has its unique charm and amenities. Take the time to explore neighborhoods to find the right fit for your lifestyle.

Advice for Sellers

Sellers can capitalize on the current market conditions with the following tips:

• Price Competitively: Given the median price of $878,300, ensure your property is priced appropriately to attract buyers.
• Enhance Curb Appeal: First impressions matter. Invest in landscaping and minor renovations to make your home stand out.
• Consider Timing: With a high number of active listings, listing your home at the right time can result in a quicker sale.

Price Trends by Property Type

Understanding price trends by property type can assist both buyers and sellers in making informed decisions:

• Detached Homes: These properties remain the backbone of the Irvine market. The average price for detached homes is notably higher than the overall average, reflecting their desirability.
• Condos: With only 2 active listings, prices for condos can vary significantly. Buyers should be prepared for competitive offers on available units.
• Townhouses: The townhouse market, comprising 64 listings, offers an affordable alternative to detached homes, often appealing to first-time buyers and those seeking lower maintenance options.

Conclusion

As we move through February 2026, the Irvine real estate market presents a unique opportunity for both buyers and sellers. The balance of active listings and new inventory suggests a healthy market environment. Buyers should be prepared to act swiftly, while sellers can benefit from current demand by presenting their homes attractively. Keeping an eye on specific property types will be crucial in making educated decisions in this evolving market.

Whether you are looking to buy, sell, or simply stay informed about the Irvine real estate landscape, understanding these trends and insights can be invaluable. Stay tuned for more updates as we continue to monitor the market!