According to Altos Research, the Market Action Index (MAI) for Irvine’s single-family housing market was 35.02 on September 13. That is down from the 37.21 MAI that was recorded about a month ago. The Irvine MAI made a steady climb upward starting at the first of the year but then started making a steady trend downward. However, as defined by Altos, this still 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 65 days as of September 13, 2013.

Following is Irvine’s August 2013 housing market data as provided by Redfin.