On June 18, 2024, California Association of Realtors (C.A.R) reported the homes values decreased 1.2% to the price of $1,422,500 in May of 2024 from price of $1,440,000 in April of 2024, but jumped 13.2% from price of $1,256,500 in May of 2023 in Orange County, California. While, homes sales increased 11.9% in May of 2023 from April of 2024, and rose 12.2% from May of 2023 in Orange County California.
There were 2.0 months supplies of available inventory of homes in May of 2024, down from 2.1 months in April of 2024, but unchanged from 2.0 months in May of 2023 in Orange County, California.
An average it took 17.0 days to sell a home in May 2024, lower from 18.0 days in April of 2024, and declined from 26.0 days in May of 2023 in Orange County, California.
For complete more detailed information about the California Association of Realtors’ May of 2024 Orange County, California homes sales and value report, please click HERE
Comments(4)