Huge Sellers Advantage at Orange County CA Real Estate

By
Real Estate Agent with HomeSmart, Evergreen Realty

With enormous drop in number of homes listed for sale - Orange County CA sellers have big market advantage.

3,161 Orange County homes are listed for sale now, which is lowest point in at least eight years.

Orange County listings inventory

 

At the same time buyers got motivated during February 2012, number of listings started to drop - eventually down 62% by the end of the year 2012.

Buyers understood their opportunity with low mortgage rates, got off the fence and bought lots of Orange County homes during 2012.

AVERAGE MARKET TIME 

Average market time at Orange County home selling (the time it would theoretically take to sell all Orange County homes on the market at that pace of sale) - is now incredibly fast at about 54 days - as compared with 109 days at the start of the year 2012.   

ORANGE COUNTY PROPERTY NEWS

 

CONTACT US for information on STRATEGY how to sell your home at the highest price in the shortest possible time.  

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Source of information is www.ReportsOnHousing.com. 

 

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Topic:
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ORANGE COUNTY, CA REAL ESTATE
Orange County Real Estate
Orange County Coastal Real Estate
RealtorsĀ®
Market Reports
Tags:
orange county ca real estate
sellers advantage
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Harrison K. Long

REALTOR , GRI, Broker associate, Attorney
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