The Irvine Housing Overview: March 2013

The Altos Market Action Index (MAI) for Irvine’s single-family homes is still climbing. When I checked in about a month ago, the MAI was 41.16. On April 19, the Altos MAI rose to 44.36. So the Irvine single-family housing market still climbs 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 113 days as of April 19, 2013.

Altos Market Action Index for Single-family Homes in Irvine

Altos Research

Following is an update for the Irvine housing market 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
13-Mar $1,089K/94 $820K/141 $449 $382 14%
13-Feb na/109 na/272 $415 $354 n/a
13-Jan na/113 na/274 $409 $357 n/a
13-Mar $618K/105 $460K/140 $378 $348 16%
13-Feb na/100 na/301 $369 $325 n.a
13-Jan na/106 na/324 $377 $327 n/a
13-Mar $750K/206 $616K/288 $404 $368 16.10%
13-Feb na/209 na/573 $389 $334 n/a
13-Jan na/219 na/598 $389 $338 n/a