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Market · Neighborhood report

Portola Springs housing market

The median sale price in Portola Springs fell to $1,695,000 in the six months to October 2026. Very few sold above asking, after a median 47 days on the market. About 3.1 months of supply.

May to October 2026 · updated November 2, 2026

Portola Springs: the six months in numbers

Closed home sales May to October 2026, and the homes for sale on November 2, 2026. Totals and medians only, never a single address.

$1,695,000Median sale price
$759Median price per sq ft
92Closed sales
47 daysMedian days on market
48Homes for sale now
3.1 monthsMonths of supply

Against the last asking price

  • 6 above asking (very few)
  • 13 at asking (about one in eight)
  • 73 below asking (about four in five)

What is happening in Portola Springs

92 homes closed in Portola Springs in Irvine between May and October 2026. The median sale price was $1,695,000, or $759 a square foot. The typical home spent 47 days on the market: half sold faster than that, half slower.

About four in five sold below the last asking price (73 of 92). 13 sold right at asking and 6 above it. Most buyers negotiated something off the number, so an asking price here is an opening position, not a verdict.

The median price was $95,000 below the $1,790,000 of a year earlier (May to October 2025). There were 11 fewer sales than the 103 of that period. Homes sold 11 days slower at the median (36 days then).

48 homes were listed for sale in Portola Springs on November 2, 2026. At the pace homes sold over the last six months, that is about 3.1 months of supply, a little under the four to six months usually read as balanced, which still leans toward sellers.

Months of supply is the number of homes for sale divided by the number that sold in a typical month. Four to six months is the range usually read as balanced.

Against a year earlier

May to October 2026 against the same six months a year before (May to October 2025), so the season is the same on both sides.

MeasureMay to October 2026May to October 2025Change
Closed sales9210311 fewer
Median sale price$1,695,000$1,790,000Down $95,000
Median price per sq ft$759$827Down $68
Median days on market47 days36 days11 days slower
Sold above asking61711 fewer
Sold below asking73785 fewer

Residential sales that closed May to October 2026, compared with May to October 2025; homes for sale as of November 2, 2026. A sale counts toward Portola Springs when the home sits inside the Portola Springs planning area boundary (City of Irvine GIS, Planning Area 6), which may not match exactly what locals call Portola Springs. Areas with fewer than 8 closed sales in the six months get no report, and a year-earlier comparison shows only when that period also reached 8.

Based on information from California Regional Multiple Listing Service, Inc. as of November 2, 2026 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.