On October 17, 2016, California Association of Realtors (C.A.R) reported that homes values decreased 1.3% to an avarage price of $739,000 in September of 2016 from $749,900 in August 2016, but increased 4.8% from price of $705,000 in September of 2015. While, homes sales declined 11.1% in September of 2016 from August of 2016 and down 0.8% from September of 2015 in Orange County, California.
There were 3.8 months supplies of available inventory of homes in September of 2016, higher from 3.7 in August of 2016, and up from 3.7 months in September of 2015. An average it took 49.2 days to sell a home in September 2016, lower from 52.4 days in August 2016, and fell from 53.0 days in September of 2015 in Orange County, California.
For complete more detailed information about the California Association of Realtors’ September of 2016 in Orange County, California homes sales and value report, please CLICK HERE
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