Laguna Hills Real Estate Report August 2013

Laguna Hills Real Estate Report

South Orange County Real Estate

Laguna Hills Real Estate at a Glance: volume and months of inventory are holding firm as prices continue to rise. The next couple months will tell us where this market is heading

South Orange County Real Estate General Economic Conditions: inventory has risen but prices continue to move upwards. We may be close to the top of this particular seller’s market if interest rates keep rising and eroding buyers purchasing power.

For the latest Orange County Real Estate Report click here

Detached Homes

Current Active Inventory 51

Behind the Numbers

Average volume past 3 months 20

Prices nice rise last month

Volume  holding firm

Months of Inventory holding firm

lagh det months lagh det price lagh det vol

What this means for

Buyers – Your racing rising interest rates more than anything else right now so if you want to make a move do so while rates are still low. To make sure you are seeing everything as soon as it hits the market we offer email listing alerts so you see exactly what’s on the market and find the best LagunaHills home for you.

Sellers – the sellers market we all been enjoying may be coming to an end, the coming months will tell us for sure. If you have thought about selling now may be the best time to do so.  For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

 

Attached Homes

Current Active Inventory 30

Behind the Numbers

Average volume past 3 months 14

Prices  holding on the the gains of the past year

Volume  spiked up slightly last month

Months of Inventory drop from last month

lagh att vol lagh att price lagh att months

What this means for

Buyers –you are racing rates and if your looking at entry level homes your also racing a lot of other buyers so act quick in this market. To make sure you are seeing everything as soon as it hits the market we offer email listing alerts so you see exactly what’s on the market that fits your criteria as soon as it hits the market.

Sellers –if you think the market is losing steam sell now before it becomes a buyers market. For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

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