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.
|Type||List Price/# Homes Listed||Sold Price/# Homes Sold||List Per SF||Sold Per SF||% Chg Y-O-Y Sold Price/SF|
Read more here: Irvine Housing Blog