Orange County 2015 Year End Real Estate Snapshot

By
Real Estate Agent with Keller Williams CA.BRE# 01395219

As a professional real estate agent, I believe it is important to understand the overall market of Orange County in addition to the local communities I regularly serve and practice business in.  Though Orange County is a pretty big county, that offers a variety of opportunities for real estate.. you can pretty much get to each side of it in about 30 minutes from anywhere in the county.   

So though Anaheim real estate sales are going to be different than say Lake Forest,, the overall trends should be somewhat similar.

A few highlights on the overall market that are important to look at..

  • Orange County 2015 Sales Volume was up 10% compared to 2014
  • Equity Sales were up 10% with 95% of the transactions came from Equity Sellers.
  • Inventory starting Jan 1 was 4396, which is the 2nd lowest inventory we have had in over 10 years.
  • Currently there are approximately 4542 homes on available to sell, which equals less than 3 months of inventory on the market.  Pending sales is out pacing the number of homes coming on to the market.

Below is a report from the Orange County Association of Realtors on how the Orange County Real Estate Market performed in the last month of the year and year to date.

 

Orange County December Year End Home Sales

Orange County Attached December Home Sales

If you would like an in-depth report on the entire Orange County market or a specific area, contact Realtor Kelly Turbeville today.

 

Like what you read here... check out some of our other post.

10 Most Expensive Homes sold in Lake Forest 2015

Just in.. Portola Hills 2015 year end real estate report

Introducing The Oaks at Portola Hills

 

 

 

 

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Kelly's positive spirit, sound business and marketing skills, and experience negotiating multimillion dollar contracts all combine to make her one of the premier real estate professional in the communities of Portola Hills, Foothill Ranch, Lake Forest, Trabuco Canyon and throughout the Saddleback Valley.

 

 She takes a big-picture approach to make sure all of your goals, both short and long-term, are part of a larger plan that's guiding you towards success. Call Kelly to schedule a free consultation on how she can help you achieve your objectives. Whatever your Real Estate Dream is, with Kelly Turbeville at your side, It's Possible!

 

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The above information is provied for informational purposes only and is deemed reliable but not guarenteed. Based on information from California Regional Multiple Listing Service, Inc. as of [date the AOR/MLS data was obtained] and /or other sources. All property data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Topic:
Real Estate Market Trends
Location:
California Orange County
Groups:
Keller Williams 'Rainers
1st Time Buyers
Southern California Real Estate Forum
Orange County Real Estate
CALIFORNIA DREAMING
Tags:
lake forest
orange county real estate
realtor kelly turbeville
orange county 2015 home sales

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Rainmaker
3,063,459
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Great information Kelly for buyers and sellers in Orange County.  Always good to compare to the prior year.

Jan 12, 2016 06:39 AM #1
Rainmaker
138,411
Kelly Turbeville
Keller Williams - Lake Forest, CA
Turning Real Estate Dreams into Reality

Appreciate the read Will Hamm Yes.. I always like to compare against the previous year.

Jan 12, 2016 07:39 AM #2
Ambassador
2,286,126
Robert Vegas Bob Swetz
Realty ONE Group - Las Vegas, NV
Las Vegas Henderson Homes for Sale

Hello Kelly ... some great information around your communities and your post has been featured to the group:

CALIFORNIA DREAMING

Jan 13, 2016 05:39 AM #3
Rainmaker
138,411
Kelly Turbeville
Keller Williams - Lake Forest, CA
Turning Real Estate Dreams into Reality

Thanks so much ROBERT SWETZ 

Jan 14, 2016 05:57 AM #4
Ambassador
2,286,126
Robert Vegas Bob Swetz
Realty ONE Group - Las Vegas, NV
Las Vegas Henderson Homes for Sale

You are very welcome!

Jan 14, 2016 07:42 AM #5
Rainmaker
4,018,153
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kelly, great market update for Orange County, great use of graphics and sure is nice to see the lines flowing upward! 

Jan 14, 2016 09:28 PM #6
Rainmaker
138,411
Kelly Turbeville
Keller Williams - Lake Forest, CA
Turning Real Estate Dreams into Reality

Thanks so much Joan Cox .  Looking forward for the upward trend to continue..

Jan 15, 2016 02:00 AM #7
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Rainmaker
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Kelly Turbeville

Turning Real Estate Dreams into Reality
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