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September 2024 Market Update for Irvine

In September, the real estate market remained strong with a median sales price of$1,650,000. Homes sold for an average of $870 per square foot, reflecting continued demand for quality properties. The market has a 3.2-month supply of homes, indicating a balanced inventory. Properties are selling quickly, averaging just 26 days on the market, highlighting steady buyer interest despite increasing options.