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Orange County Real Estate by the Numbers
I am kinda a numbers geek. I wasn't really great in math in school. In fact, I will never forget a Algebra teacher told my mom, it is OK if we went on vaca cause I was never going to get Algebra.  Not my recommendation of how I would teach, but maybe that is what gave me an eye for numbers.
Though there are a lot of emotional and intangible aspects to Real Estate in major sense it is a numbers game.  So yesterday we were sitting in a sales meeting and reviewed the current status of the Orange County market by the numbers.. Take a peak.
 
Current Active Listings:  5067  vs. 5338 in 2015 Sold Listings YTD:  29093 vs. 28591 in 2015 YTD Expired's:  9807 vs. 9335 in 2015  
Looking at the above numbers what are some of the conclusions about the market?
 
1.  There is currently less inventory on the market then last year,  i.e. Low Inventory
2.  More homes sold this year then last,  i.e. High Demand
3.  The number of homes that were listed and did not have a successful close grew.
Actually by almost 2000 units in the last couple of months.  Was this do to price, timing, quality or agent performance? Most likely a bit ... more

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