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Irvine Housing Overview: Condos vs Houses-December 2013

Posted: 07 Jan 2014 05:00 AM PST

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

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