| 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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