The Irvine Housing Review: February 2013

According to Altos Research, it’s still up, up, and away for the Irvine’s single-family housing market. The Altos Market Action Index for Irvine’s single-family homes is 41.16l; last month at about this time, it was 33.10. So the Irvine single-family housing market climbs farther and farther into what Altos defines as a seller’s market. (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 127 days as of March 22, 2013.

Altos Market Action Index for Single-family Homes in Irvine

Altos Research

Following is Irvine’s February 2013 housing market data 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
13-Mar $1,020K/101 $904K/62 $443 $381 13.40%
13-Feb na/109 na/272 $415 $354 n/a
13-Jan na/113 na/274 $409 $357 n/a
Condos
13-Mar $570K/111 $476K/88 $375 $344 21.60%
13-Feb na/100 na/301 $369 $325 n.a
13-Jan na/106 na/324 $377 $327 n/a
All
13-Mar $703K/219 $588K/151 $392 $359 18.90%
13-Feb na/209 na/573 $389 $334 n/a
13-Jan na/219 na/598 $389 $338 n/a