Posted: 12 Mar 2014 05:00 AM PDT
According to Altos Research, the Market Action Index (MAI) for Irvine’s single-family housing market was 37.75 on February 28. 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 108 days as of February 28, 2014.
Following is Irvine’s 2014 housing market data as provided by Redfin.
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