Orange County, California Homes Sales & Values Report August 2022

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

On September 16, 2022, California Association of Realtors (C.A.R) reported the homes values lower 2.5% to the price of $1,200,000 in August of 2022 from price of $1,2310,000 in July of 2022, but higher 9.1% from price of $1,100,000 in August of 2021 in Orange County, California. While, homes sales increased 10.1% in August of 2022 from July of 2022, but fell 30.2% from August of 2022 in Orange County, California.

There were 2.5 months supplies of available inventory of homes in August of 2022, down from 3.0 months in July of 2022, but rose from 1.6 months in August of 2021 in Orange County, California. An average it took 17.5 days to sell a home in August 2022, up from 13.0 days in July of 2022, and gained from 8.0 days in August of 2021 in Orange County, California.

For complete more detailed information about the California Association of Realtors August 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)

Emily Medvec
eXp Realty LLC - Santa Fe, NM
Broker | Realtor | Serving Santa Fe & Northern NM

It is clear what happens in Orange County appears NOT to stay in Orange County, CA. John Pusa, thank you for this snapshot and comparison to 2021. 

Sep 26, 2022 03:49 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Emily Medvec you are welcome, and glad you find the Orange County report very helpful. Thanks for the comment.

Sep 26, 2022 08:15 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

John my take is we need to compare statistics to 2018 pre pandemic and then we will realize things are not doom and gloom like the headlines want us to believe, Endre

Sep 26, 2022 10:30 PM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information!  Thanks for sharing and enjoy your day!

Sep 27, 2022 07:30 AM
Roy Kelley
Retired - Gaithersburg, MD

Thank you very much, John, for sharing your local real estate reports.

Sep 27, 2022 09:18 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Endre Barath, Jr. it is great idea to compare statistics to 2018 pre pandemic, then we can form the exact trends in the market. Thanks for the comment.

Sep 27, 2022 03:39 PM
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 day too! Thanks for the comment.

Sep 27, 2022 03:40 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Roy Kelley you are welcome, and glad you find the reports very helpful. Thanks for the comment.

Sep 27, 2022 03:42 PM