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Number of Homes For Sale Decrease By 57%

The number of homes listed for sale in Orange County continues to drop, decreasing by 174 listings

chart in the past 2 weeks. That is a 2% drop in 2 weeks! The number of listings available in Orange County as of Thursday was 7,749. The number of listings has dropped 39% from 2008 and 57% from its peak reached in 2007.

The housing market has not been this small since January 2006 when the slump was just getting started.

The current market conditions are great for sellers; properties are priced right and in great condition making the competition high and the number of homes on the market low.

Posted by Adam Brett - Fullerton, California Realtor on 11/08/2009 11:51 PM

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Number of Homes for Sale Decrease by 57% in the ActiveRain Channel

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1 Comments on Number of Homes For Sale Decrease By 57%

NOV

64% of the homes in the Twin Cities are lender mediated.

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