Irvine Housing Overview: September 2013 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. 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 | |
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