We did our first post on Irvine Sales Trends many months ago. Today’s post includes the 2007 numbers through August. Although the charts are an improvement from the past, I still have a lot to learn from twist. Keep in mind that the data used to generate these charts comes from MLS.
We’ll start with a look at # of sales by month from 1998-2007:
The 3 Month and 12 Month Moving Averages help indicate the trend. Next, we’ll compare the data by year. I’ve create separate charts for 1998-2002 and 2003-2007 because it is a little messy with 10 data sets.
It looks like although SFR sales are about the same in 2007 when compared to 2006, Condo sales are definitely slower in 2007.
Now only if I had the median sales price data for Irvine for the last 9 years. 🙂
UPDATE: Here is the data used to generate the charts above: Irvine Sales Trends.xls