Irvine Real Estate and Homes for Sale - 04/2013
The statistical information for the City of “Irvine, California” is extracted using CRMLS on 04/01/2013. It includes four sections:
“Active” (Seller has accepted no offers at this time. This metric provides useful insight into the overall supply of properties);
“Pending Sales”(Buyer and seller have successfully negotiated a purchase contract and have opened escrow. The property is not on the market at this time. This metric is a direct measure of current sales activity and a leading indicator of market demand);
“Backup Offers” (Seller has accepted an offer but is still soliciting more offers through the MLS); and
“Summary” which reflects the information for all the previous mentioned sections combined.
Current report shows there is a decrease on the number of “Active” properties, a decrease on the number of properties “Pending Sale”, while there is also a decrease for “Backup Offers” compared to the last report which was extracted on 03/01/2013.
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Irvine Real Estate and SFR Homes for Sale
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