According to Altos Research, the Market Action Index (MAI) for Irvine’s single-family housing market is 36.88. That is a slight uptake from the 35.02 MAI that was recorded about a month ago. As defined by Altos, this puts the Irvine single-family housing market in the seller’s market category. (Above 30 is defined as a seller’s market; below is defined as a buyer’s market.) Altos also states that the average single-family home in Irvine has been on the market for about 71 days as of November 22, 2013.
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Following is Irvine’s October 2013 housing market data as provided by Redfin.
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Type
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List Price/# Homes Listed
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Sold Price/# Homes Sold
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List Per SF
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Sold Per SF
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% Chg Y-O-Y Sold Price/SF
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Houses
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13-Oct 13-Sep 13-Aug
13-Jul
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$1,180K/220
$1,099K/238
$1,075K/235
$1,125K/210
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$921K/117
$920K/132
$908K/114
$900K/122
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$456
$462
$459
$459
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$419
$423
$406
$435
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14.5%
20.9%
17.7%
16.90%
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13-Jun
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$1,112K/186
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$855K/99
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$462
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$414
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16%
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13-May
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$1,030K/167
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$890K/113
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$457
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$411
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21.60%
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13-Apr
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n/a
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n/a
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n/a
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n/a
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n/a
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13-Mar
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$1,020K/101
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$904K/62
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$443
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$381
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13.40%
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13-Feb
|
na/109
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na/272
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$415
|
$354
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n/a
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13-Jan
|
na/113
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na/274
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$409
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$357
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n/a
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Condos
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13-Oct 13-Sep 13-Aug
13-Jul
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$600K/281
$585K/288
$590K/295
$588K/295
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$524K/122
$520K/121
$564/146
$522K/135
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$404
$328
$416
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$395
$325
$384
$394
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20.4%
28.7%
28.80%
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13-Jun
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$585K/235
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$540K/130
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$418
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$391
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24.90%
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13-May
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$599K/177
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$539K/144
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$406
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$386
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30.40%
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13-Apr
|
n/a
|
n/a
|
n/a
|
n/a
|
n/a
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13-Mar
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$570K/111
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$476K/88
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$375
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$344
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21.60%
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13-Feb
|
na/100
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na/301
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$369
|
$325
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n/a
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13-Jan
|
na/106
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na/324
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$377
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$327
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n/a
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All
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|
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13-Oct 13-Sep 13-Aug
13-Jul
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$724K/552
$724K/578
$710K/579
$709K/545
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$675K/257
$710K/271
$660K/278
$659K/283
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$416
$415
$418
$423
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$397
$408
$389
$401
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16.8%
25.9%
18.2%
24.10%
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13-Jun
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$734K/456
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$638K/249
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$422
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$395
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20.80%
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13-May
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$750K/371
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$659K/274
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$416
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$393
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26.80%
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13-Apr
|
n/a
|
n/a
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n/a
|
n/a
|
n/a
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13-Mar
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$703K/219
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$588K/151
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$392
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$359
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18.90%
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13-Feb
|
na/209
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na/573
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$389
|
$334
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n/a
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13-Jan
|
na/219
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na/598
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$389
|
$338
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n/a
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