ORANGE COUNTY CALIFORNIAReal Estate and Housing market report - Single Family Residences

07.10.2014 by The Paris911 Team at RE/MAX

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OC = Orange County :)

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Single Family

residences in

Orange County

have been

increasing in price.

As far back as June

of 2012.

That is a 29%

increase in home

prices for Single

Family residences

in Orange County

CA!

SOLD PRICES

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The Median price of

for sale properties

is up 29%.

As is the median

price of sold

properties - Also

up 29%.

SALE VS. SOLD

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The Days on Market

Time frames have

reduced.

It’s taking less time

to sell real estate in

Orange County

versus 2 years ago.

Properties are

selling 34% faster

Today!

DAYS ON MARKET

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March of 2013:

3,567 homes for

sale and 1831

homes under

contract.

December of 2013:

4,000 homes for

sale and 981 homes

under contact.

June 2014 - Orange

County has a 3

months supply of

inventory.

INVENTORY

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The number of “for

sale” properties is

down 11% as

compared with June

of 2012.

Less homes on the

market in Orange

County versus only

2 years ago - Less

inventory, with more

buyer demand,

equals increase in

prices.

FOR SALE HOMES

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Comparing June of

2012 to June of

2014 shows sold

property numbers

down 13%.

That is reflective of

current inventory

levels and prices

rising at such a

rapid pace within

Orange County

Single Family

Homes.

HOMES SOLD

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December of 2013

had only 981 Single

Family Homes

under contract in

Orange County with

regard to Single

Family Residences.

REO’s: 103

Standard/Other: 878

9% reduction as

compared with Two

Years ago.

UNDER CONTRACT

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Interesting trend:

Single Family

Homes that are

Expiring, and not

selling, in Orange

County are up 30%.

In fact - the number

of homes that did

not sell within

contract are at an all

time high within the

past 2 years.

June of 2014!

EXPIRED LISTINGS

HOW MUCH IS YOUR

OR ANY ORANGE

COUNTY HOME

WORTH?

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WHO ARE WE?

• I’m Connor MacIvor, I like long walks

on the beach, holding hands and jazz

music… :) lol

• Local Realtors under the REMAX

Brokerage - HQ’d in Santa Clarita

Valley.

• 50 minutes from Orange County!

• I make it my business to know all

surrounding real estate markets so

my RE/MAX Team can best advise

our clients 100% of the time…paris911.com/OC

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