Below are numbers provided by Redfin for Irvine’s April housing market. The numbers are broken down so that the statistics for condos and houses can be seen. Note that a lot more homes in all categories sold in April than was true earlier this year. Also, more homes were on the market than was true earlier this year.
Also note that Altos Research states that the Market Action Index (MAI) for Irvine’s single-family housing market was 38.88 on May 30, 2014.
Following is Irvine’s 2014 housing market data as provided by Redfin.
Type | List Price/# Homes Listed | Sold Price/# Homes Sold | List Per SF | Sold Per SF | % Chg Y-O-Y Sold Price/SF |
Houses | |||||
14-Apr | $1,096K/270 | $900K/97 | $447 | $440 | 11.70% |
14-Mar | n/a | n/a | n/a | n/a | n/a |
14-Feb | $1,090K/203 | $905K/57 | $451 | $420 | 10.50% |
14-Jan | $1,082K/170 | $832K/62 | $461 | $429 | 22.20% |
Condos | |||||
14-Apr | $590K/310 | $550K/125 | $411 | $394 | 4.50% |
14-Mar | n/a | n/a | n/a | n/a | n/a |
14-Feb | $599K/248 | $560K/80 | $406 | $395 | 13.50% |
14-Jan | $603K/226 | $626K/58 | $406 | $392 | 20.60% |
All | |||||
14-Apr | $778K/618 | $678K/247 | $425 | $409 | 7.60% |
14-Mar | $799K/487 | $680K/na | $435 | $407 | n/a |
14-Feb | $745K/479 | $665K/145 | $421 | $400 | 10.50% |
14-Jan | $412K/422 | $688K/130 | $422 | $412 | 23.40% |