According to Altos Research, it’s up, up, and away for the Irvine’s single-family housing market. The Altos Market Action Index for Irvine’s single-family homes is 33.10, which Altos defines as a seller’s market. (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 133 days as of February 9, 2013.

Altos Market Action Index for Single-family Homes in Irvine
Altos Research

Following is Irvine’s housing market data provided by Redfin on February 17, 2013.