Orange County September Market Snapshot

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

Wondering how the overall Real Estate Market is doing in Orange County.. Well it;s mid-October and the only thing "falling" in the Orange County real estate market is the number of days it takes to get a home sold..  Typically we see in September the market become seasonally quiet but that isn't the case this fall.  Last week my open house had over 15 groups of guest come through on Sunday... 

 

 

Below is quick look at the how the market performed in September for the whole county from the Orange County Association of Realtors.

Orange County Single Family Home Values

Looking at pricing from September of 2015 we saw a stable increase of just under 4% in the median price for single family homes.   The median price of single family home in The OC was $742,250 in September.

 

Search Orange County Available Single Family Homes

 

Below is a quick look at how the Condo/Townhome market performed in September.

Condo home values in Orange County

With the median price of a condo/townhome in Orange County at $445k, we are seeing a bit more appreciation in this category.. Inventory is the biggest factor, though we saw a slight increase in new listings overall inventory is still below 3 months.   Demand for homes priced under $500k is  crazy.. Are you listening Condo/Townhome owners.. Opportunity is knocking..

 

Search Available Orange County Condo/Townhomes under $500k

 

If homes are sitting on the market it is only because something in their selling strategy isn't working. Whether that be price, condition, availability or even competition. It is not due to the lack of buyer demand.

 

If you are considering a move in the near future, now is great time.. The number of listings that come on the market this time of year is typically lower. With the high demand we still have that means your home, if priced correctly, presented well and available will sell for top dollar! 

 

FREE Orange County Home Value Report

 

Like how we look the numbers... let's sit down and review your home and develop a strategy to meet your home selling goals.

 

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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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