Here is the most Up To Date Market Trends for Irvine. Each week we take a snapshot of the market. This Altos Research Real-time Market Profile(TM) is the most up-to date market information available. The Profile shows you not only pricing and market numbers, but also trends in those numbers. THIS WEEKThe median single family home price in IRVINE this week is $979000.Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market.PRICEThe market appears to be hovering around these current levels. The Market Action Index is a good leading indicator for the durability of this trend.SUPPLY AND DEMANDLocal conditions are currently quite strongly in the Buyer's Market zone (below 30). The...
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