Orange County, California Homes Sales & Values Report May Of 2022

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On June 16, 2022, California Association of Realtors (C.A.R) reported that homes values declined 2.3% to an average price of $1,295,000 in May of 2022 from an average price of $1,325,000 in April of 2022, but rose 17.7% from $1,100,000 in May of 2021. While, homes sales decreased 3.9% in May of 2022 from April of 2022, and fell 22.6% from May of 2021 in Orange County, California.

There were 2.0 months supplies of available inventory of homes in May of 2022 higher from 1.7 months in April of 2022, and increased from 1.7 months in May of 2021. An average it took 8.0 days to sell a home in May 2022, up from 7.0 days in April of 2022, and grew from 7.0 days in May of 2021 in Orange County, California.

For complete more detailed information about the California Association of Realtors’ May of 2022 Orange County, California homes sales and value report, please click HERE

Posted by

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

Comments (8)

Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.   Thanks for sharing and enjoy your weekend!

Jun 24, 2022 06:04 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I have always had an affinity of the Orange County area, perhaps because I have family there.

Jun 24, 2022 06:05 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning John,

Good post on the real estate market in the Orange County area. With only 2 months of inventory definitely not a balanced market and only 8 days on market, I wouldn't be worried yet.

Jun 24, 2022 06:25 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi John - I note Dorie's comment and I don't think you should worry either.

Jun 24, 2022 08:03 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Kristin Johnston - REALTOR® you are welcome, and glad you find the report very informative. Enjoy your weekend too! Thanks for the comment.

Jun 24, 2022 05:27 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Brian England Orange County is a good area, and good to know you have always had an affinity of the Orange County area, you have family there. Thanks for the comment.

Jun 24, 2022 05:37 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Good afternoon Dorie Dillard Austin TX glad you find the real estate market report in the Orange County area very helpful, with only 2 months of inventory definitely not a balanced market and only 8 days on market that we wouldn't be worried yet. Thanks for the comment.

Jun 24, 2022 05:40 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Grant Schneider you are right, I agree with Dorie's comment and I shouldn't worry about the market on Orange County. Thanks for the comment.

Jun 24, 2022 05:45 PM