Posted: 12 Feb 2014 03:59 AM PST
According to Altos Research, the Market Action Index (MAI) for Irvine’s single-family housing market was 37.80 on January 31, 2014. That is basically what Irvine’s MAI for single-family homes was last month about this time when the MAI was 36.93 MAI. 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 100 days as of January 31, 2014.
Following is Irvine’s 2014 housing market data as provided by Redfin.
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