ORANGE COUNTY MARKET WATCH

30-DAY MARKET RECAP

2,075

NEW LISTINGS

$741

AVG PRICE PER SQFT

4,607

ACTIVE LISTINGS

$1,528,919

AVG SALES PRICE

27

AVG DAYS ON MARKET

1,621

SOLD LISTINGS

Navigating Low Inventory and High Demand

Orange County’s real estate market remains highly competitive, with only a 2.17-month supply of homes, reflecting strong buyer demand. Inventory has slightly increased by 26.16% over the past year, providing more options for buyers, but homes are still selling quickly, with a median time of just 14 days on the market. The list-to-sold price ratio at 100% shows that homes are consistently selling at full asking prices.

With a median home price of $1.175 million, the market is geared toward high-end buyers, and sellers can expect strong returns. Buyers should be prepared for a fast-paced, premium-priced market, while sellers can benefit from favorable conditions.

Key Takeaway: For sellers, this is a prime time to list your home as high demand and quick sales are driving strong prices. Buyers should act quickly and be prepared to compete, especially in the luxury segment.

Reference: 2009-2024 Realtors Property Resource®, LLC. All rights reserved.

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