Irvine Housing Overview: November 2013 Posted: 18 Dec 2013 04:00 AM PST According to Altos Research, the Market Action Index (MAI) for Irvine’s single-family housing market is 41.02. That is an uptake 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 78 days as of December 13, 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 | $1,168K/192 $1,180K/220 $1,099K/238 $1,075K/235 $1,125K/210 | $825K/90 $921K/117 $920K/132 $908K/114 $900K/122 | $471 $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 | $619K/252 $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/481 $724K/552 $724K/578 $710K/579 $709K/545 | $650K/197 $675K/257 $710K/271 $660K/278 $659K/283 | $419 $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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