According to Altos Research, the Market Action Index (MAI)for Irvine’s single-family housing market was 39.12 on October 11. That is up from the 35.02 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 64 days as of October 11, 2013.
Following is Irvine’s September 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-Sep 13-Aug
|
$1,099K/238 $1,075K/235
|
$920K/132 $908K/114
|
$462 $459
|
$423 $406
|
20.9% 17.70%
|
|
13-Jul
|
$1,125K/210
|
$900K/122
|
$459
|
$435
|
16.90%
|
|
13-Jun
|
$1,112K/186
|
$855K/99
|
$462
|
$414
|
16%
|
|
13-May
|
$1,030/167
|
$890/113
|
$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-Sep 13-Aug
|
$585K/288 $590K/295
|
$520K/121 $564K/146
|
$398 $406
|
$395 $384
|
28.7% 24.30%
|
|
13-Jul
|
$588K/295
|
$522K/135
|
$416
|
$394
|
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-Sep 13-Aug
|
$724K/578 $710K/579
|
$710K/271 $660K/278
|
$415 $418
|
$408 $389
|
25.9% 18.20%
|
|
13-Jul
|
$709K/545
|
$659K/283
|
$423
|
$401
|
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
|