According to Altos Research, the Market Action Index (MAI) for Irvine’s single-family housing market is 40.70. That is an uptick from the 36.88 MAI that was recorded about a month ago. As defined by Altos, this 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 81days as of December 20, 2013.
Following is Irvine’s November 2013 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
|
|
|
|
|
|
|
13-Nov 13-Oct 13-Sep 13-Aug
13-Jul
|
$1,175K/195
$1,180K/220
$1,099K/238
$1,075K/235
$1,125K/210
|
$825K/90
$921K/117
$920K/132
$908K/114
$900K/122
|
$472
$456
$462
$459
$459
|
$434
$419
$423
$406
$435
|
22.6%
14.5%
20.9%
17.7%
16.90%
|
|
13-Jun
|
$1,112K/186
|
$855K/99
|
$462
|
$414
|
16%
|
|
13-May
|
$1,030K/167
|
$890K/113
|
$457
|
$411
|
21.60%
|
|
13-Apr
|
n/a
|
n/a
|
n/a
|
n/a
|
n/a
|
|
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-Nov 13-Oct 13-Sep 13-Aug
13-Jul
|
$618K/254
$600K/281
$585K/288
$590K/295
$588K/295
|
$495K/84
$524K/122
$520K/121
$564/146
$522K/135
|
$408
$404
$328
$406
$416
|
$384
$395
$325
$384
$394
|
17.4%
20.4%
28.7%
24.3%
28.80%
|
|
13-Jun
|
$585K/235
|
$540K/130
|
$418
|
$391
|
24.90%
|
|
13-May
|
$599K/177
|
$539K/144
|
$406
|
$386
|
30.40%
|
|
13-Apr
|
n/a
|
n/a
|
n/a
|
n/a
|
n/a
|
|
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-Nov 13-Oct 13-Sep 13-Aug
13-Jul
|
$729K/486
$724K/552
$724K/578
$710K/579
$709K/545
|
$650K/197
$675K/257
$710K/271
$660K/278
$659K/283
|
$420
$416
$415
$418
$423
|
$392
$397
$408
$389
$401
|
18.1%
16.8%
25.9%
18.2%
24.10%
|
|
13-Jun
|
$734K/456
|
$638K/249
|
$422
|
$395
|
20.80%
|
|
13-May
|
$750K/371
|
$659K/274
|
$416
|
$393
|
26.80%
|
|
13-Apr
|
n/a
|
n/a
|
n/a
|
n/a
|
n/a
|
|
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
|