real estate

October 2021 Irvine Rental Market

Data set - Irvine rentals listed on CRMLS

Days on market y-axis on left. Right side showing pricing. X-axis will show time.

Thoughts and opinions -

Typical up and down days on market hovering between 15-35 days due to seasonality. Current pandemic issues of impacted housing cause a bit of a crunch with increased pricing and lower days on market in 2021.

We’ve had two units up for lease in Irvine in the last two months, we have over 10 applications for both properties.

Irvine chart October 2021