Reduced home asking and sold prices here in Orange County, CA, have inspired significant buyer ativity ~ especially for those under $400K. 

Here's a SNAPSHOT OF HOMEBUYER ACTIVITY IN ORANGE COUNTY ~ during the past thirty days ending June 10, 2009.

ALISO VIEJO ~

• 66 homes sold 
• 32 of homes sold were under $400k  (49% of market)
• Average time on market for sold homes was 57 days 

ANAHEIM  ~

• 193 homes sold 
• 173 of those sold were under $400k  (90% of market) 
• Average time on market for solds was 52 days.

COSTA MESA  ~  

• 60 homes sold. 
• 18 of those sold were under $400k  (30% of market)
• Average time on market for sold homes was 56 days.

HUNTINGTON BEACH  ~  

• 148 homes sold. 
• 34 of those sold were under $400k  (23% of market)
• Average time on market for solds was 78 days.

IRVINE    ~  

• 191 homes sold. 
• 30 of those were under $400k  (16% of market)
• Average time on market for solds was 53 days.

LAKE FOREST   ~  

• 78 homes sold. 
• 46 of those sold were under $400k  (59% of market)
• Average time on market for sold was 54 days.

SANTA ANA ~  Orange County's largest city in terms of people and housing units.  

• 247 homes sold in past 30 days.   
• 228 of those sold were under $400k  (93% of market)
• Average time on market for sold homes was 56 days.

TUSTIN ~ 

• 76 homes sold. 
• 28 of those sold were under $400k   (30% of market)
• Average time on market for sold homes was 70 days.

Investors have returned to the Orange County market and have been buying entry level homes. 

Properties with prices under $400K are going fast ~  especially at Santa Ana and Anaheim where prices have dropped dramatically during the past two years.   REO homes in this range are flying off the market.

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If you want information about Orange County homes and properties, please contact us.  Thank you. 

Harrison K. Long, Explore Group Properties, Coldwell Banker Previews, Irvine, CA.

www.BuyersExploreHomes.com  ~  www.ExploreTheOC.com