Posted: 23 Oct 2013 05:00 AM PDT
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.
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