Current Inventory Update – August 2023

40% reduction in residential listing inventory when comparing August 2023 to the same period in 2022

Inventory Update – August 2023

Gain a competitive edge in your real estate quest with our comprehensive, custom-tailored local market reports. Whether you have your eye on particular neighborhoods, cities, or ZIP codes, we've got you covered. Just get in touch with us through phone, text, or email, and we'll furnish you with the market intelligence and data necessary for well-informed choices. Don't wait – request your personalized report today!

Call: (949) 436-3936
Email: [email protected]

Payam Signature

PAYAM SHIRAZI, Broker
DRE: 01925601

Call: (949) 436-3936

LOS ANGELES / ORANGE COUNTY

[email protected] | payamhomes.com

Irvine housing Market Update – April 2023

People choose to live in Irvine, California, for various reasons:

  1. Safe and secure environment.
  2. Excellent public schools and high-quality education.
  3. Strong job market with diverse employment opportunities.
  4. Well-planned and well-maintained neighborhoods and infrastructure.
  5. Vibrant and diverse community with a rich cultural mix.
  6. Pleasant Mediterranean climate with mild winters and warm summers.
  7. Abundant parks, green spaces, and recreational opportunities.
  8. Proximity to beautiful beaches and outdoor attractions.
  9. Access to a wide range of amenities, including shopping centers and restaurants.
  10. Active and engaged community with numerous events and activities.
  11. Close proximity to renowned universities and educational institutions.
  12. Well-connected transportation infrastructure, including freeways and airports.
  13. Low crime rates and a strong sense of security.
  14. Clean and well-managed city with a commitment to sustainability.
  15. Multicultural dining options and a thriving food scene.
  16. Opportunities for outdoor activities like hiking, biking, and golfing.
  17. Access to world-class healthcare facilities and medical centers.
  18. Well-regarded cultural and arts institutions.
  19. Opportunities for entrepreneurship and business growth.
  20. Overall high quality of life and a desirable place to raise a family.

VIEW LATEST MARKET DATA BELOW

Irvine_April_2023

 

Call: (949) 436-3936
Email: [email protected]

Source: CRMLS, California Regional Multiple Listing Service, Inc.

Payam Signature

PAYAM SHIRAZI, Broker

Call: (949) 436-3936

LOS ANGELES / ORANGE COUNTY

[email protected] | payamhomes.com

Orange County Real Estate

Orange County real estate is a highly sought-after commodity due to its proximity to major cities such as Los Angeles and San Diego, as well as its picturesque beaches and scenic countryside. The area has seen a steady rise in property values over the years, making it a popular destination for both home buyers and investors. The county offers a diverse range of housing options, from luxury homes and estates to affordable apartments and townhouses. The market is currently experiencing a relatively low inventory, which creates competition however we can help you find unique investment opportunities here in Orange County.

Payam Signature

PAYAM SHIRAZI, Broker

Call: (949) 436-3936

LOS ANGELES / ORANGE COUNTY

[email protected] | payamhomes.com

LA County Market Update – July 2022

LA_2

Median single-family home price up 3.1% from July 2021

AverageTownhome/Condo price up 9.6% from July 2021

Los ANgeles housing market update, July 2022

Personalized local market reports for specific neighborhoods, cities, or ZIP codes are available upon request. Please get in touch with me by phone, text, or email.

Call: (949) 436-3936
Email: [email protected]

Source: CRMLS, California Regional Multiple Listing Service, Inc.

Payam Signature

PAYAM SHIRAZI, Broker

Call: (949) 436-3936

LOS ANGELES / ORANGE COUNTY

[email protected] | payamhomes.com

LA County Market Update – June 2022


Average single-family sales price up 5.3% from June 2021

AverageTownhome/Condo price up 13.1% from June 2021

Personalized local market reports for specific neighborhoods, cities, or ZIP codes are available upon request. Please get in touch with me by phone, text, or email.

PAYAM SHIRAZI, Broker

Call: (949) 436-3936

LOS ANGELES / ORANGE COUNTY

[email protected] | payamhomes.com

Source: CRMLS, California Regional Multiple Listing Service, Inc.

Orange County Market Update – June 2022

Orange-County

Average single-family sales price up 4.8% from June 2020

Average Townhome/Condo price up 20.1% from June 2020

Orange_County_June_2022

Personalized local market report for specific neighborhoods, cities, or ZIP codes are available upon request. Please contact me by phone, text or email.
Call: (949) 436-3936
Email: [email protected]


Source: CRMLS, California Regional Multiple Listing Service, Inc.

PAYAM SHIRAZI, Broker

Call: (949) 436-3936

ORANGE COUNTY / LOS ANGELES

[email protected] | payamhomes.com

LA County Market Update – May 2021

Loader Loading…
EAD Logo Taking too long?

Reload Reload document
| Open Open in new tab

Download [47.52 KB]


Call to receive a comprehensive local market report. Please contact me by phone, text or email.

PAYAM SHIRAZI, Broker

Call: (949) 436-3936

LOS ANGELES / ORANGE COUNTY

[email protected] | payamhomes.com

Source: CRMLS, California Regional Multiple Listing Service, Inc.

LA County Market Update – February 2021


Loader Loading…
EAD Logo Taking too long?

Reload Reload document
| Open Open in new tab

Download [47.47 KB]

Call for other market reports. Please contact me by phone, text or email.

PAYAM SHIRAZI, Broker

 

Office: (310) 600-8161
Mobile: (949) 436-3936

LOS ANGELES / ORANGE COUNTY

[email protected] | payamhomes.com

Source: CRMLS, California Regional Multiple Listing Service, Inc.

Los Angeles County vs Orange County, 2018-2021



Five facts why home prices have risen in 20-21

1- Low housing supply and high demand will continue to fuel the housing market in 2021

2- Record-low mortgage rates

3- Orange and Los Angeles counties hit record numbers in luxury home sales in 2020 despite the pandemic

4- Median home price in Los Angeles and Orange counties have jumped by more than 11% year over year

5- With many employers embracing work from home, expect some employees to rethink their living situation and move to larger homes

 

PAYAM SHIRAZI, Broker

 

Office: (310) 600-8161
Mobile: (949) 436-3936

LOS ANGELES / ORANGE COUNTY

[email protected] | payamhomes.com

Call for other local market reports. Please contact me by phone, text or email.

Source: CRMLS, California Regional Multiple Listing Service, Inc.

LA County Market Update – October 2020


Loader Loading…
EAD Logo Taking too long?

Reload Reload document
| Open Open in new tab

Call for your desired local market report. Please contact me by phone, text or email.

PAYAM SHIRAZI, Broker

 

Office: (310) 600-8161
Mobile: (949) 436-3936

LOS ANGELES / ORANGE COUNTY

[email protected] | payamhomes.com

Source: CRMLS, California Regional Multiple Listing Service, Inc.