The graph and chart below were generated from statistics directly from the SOCAL MLS for all single family homes in Orange County.
The bar graph represents the number of new home listings entering the market every month for the past 12 months. As can be seen, since December 2012 the number of homes listed for sale month-over-month has increased for the last 5 months. If the trend continues, it may be a matter of time before the supply meets the demand and this "hot" Orange County seller's market cools down! Find out if selling now is the best option or not.
The average sales price for single family homes has increased significantly over teh past four months. Many buyers who have not been aggressive in their offers to purchase have been priced out of certain areas and neighborhoods.
For more specific information about the real estate market in Orange County call one of our professionals. RE/MAX Prestige is located in Anaheim Hills and specializes in residential sales and purchases.