ORANGE COUNTY MARKET WATCH

30-DAY MARKET RECAP

2,471

NEW LISTINGS

$741

AVG PER SQFT

3,992

ACTIVE LISTINGS

$1,484,951

AVG SALES PRICE

20

AVG DAYS ON MARKET

1,930

SOLD LISTINGS

The Seller's Haven

Orange County's real estate market is thriving, characterized by low inventory and high demand. With a Months Supply of Inventory at 1.92 and a 17.79% increase over the past year, the market shows signs of balancing. 

 

Homes are selling rapidly, with a median market time of just 10 days and a List to Sold Price Percentage of 101.6%, indicating sales above listing prices. The median sold price has climbed to $1,221,500, reflecting strong demand and rising home values. Sellers can expect favorable offers, while buyers must act swiftly and competitively. Both parties should adapt their strategies to navigate this competitive landscape effectively. 

 

SOURCE OF INFORMATION: 2009-2024 Realtors Property Resource®, LLC. All rights reserved. 

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