Orange County Real Estate Report June 2015

Orange County Real Estate

Summer selling season is here, buyers are here where is the inventory?

The demand is there, prices are strong but Orange County real estate still has a low inventory level, even compared to this time last year to meet the demand.

Active Inventory -lower than this time last year

ORANGE COUNTY REAL ESTATE ACTIVE LISTINGS

The chart below represents single family homes, town homes & condos for all of Orange County.

 

orange county real estate report june 15.004

Sales Prices - trending upward for the summer, but not rising so dramatically to merit concern

ORANGE COUNTY REAL ESTATE MEDIAN SALES PRICE

The chart below represents all single family, town homes, and condos in all of Orange County.

orange county real estate report june 15.002

Months of Inventory – dropped to 12 month lows.

This really shows the low inventory level compared to the current demand level.

ORANGE COUNTY REAL ESTATE MONTHS OF INVENTORY

The chart below represents all single family, town homes, and condos in all of Orange County.

orange county real estate report june 15.005

 

Volume -two months setting new 12 month highs

Each of the last 2 months broke the previous 12 month high mark showing the market is moving at a quick pace right now.

ORANGE COUNTY REAL ESTATE VOLUME

The chart below represents all single family, town homes, and condos in all of Orange County.

orange county real estate report june 15.003

Days to Sell - falls to meet 12 month low

This is as low as the days to sell number for Orange County has been in the last year.

ORANGE COUNTY REAL ESTATE DAYS TO SELL

The chart below represents all single family, town homes, and condos in all of Orange County.

orange county real estate report june 15.006

What all this Means to:

Sellers -With strong prices, low inventory and high demand now is a pretty good time to sell your home.  If your curious how much your home is worth in this market simply fill out this home valuation request and I will gladly email you your free home value report.

Buyers – The market is starting to move faster so you have to be more decisive to get that home you want. Rates are still in your favor, but that may change before the end of the year so if you have been thinking of acting strike now. If your thinking about buying feel free to contact me and we can go over what’s going on and what your options are.

For more information or more details on a specific city please contact me direct at 949 599 6860.

Thanks,

Sherry Swift

Broker Associate

 

Summary
Article Name
Orange County Real Estate Report June 2015
Author
Description
The latest Orange County Real Estate Report for June 2015 complete with charts and analysis brought to you by your leading local Orange County real estate team.
  • Twitter
  • del.icio.us
  • Digg
  • Facebook
  • Technorati
  • Reddit
  • StumbleUpon
949hometeam

Providing the highest level of personal service in South Orange County Real Estate. Helping buyers and sellers in the 949 since 1999! Google

Posted in OC real estate
Get our Google Feed
Join us on Twitter
Find us on Google+