The most recent numbers for the Orange County real estate market is for the month of March. Lets take a look at them now. Lets take a look at numbers for March on homes up to 600k. For sale is down, but only 0.3% sold is up 32.2% and pended is up 46.6% (pended is all property that is in the final stages of closing in the... Continue Reading »
Housing numbers for January have just come out, lets take a look at them now. For sale is up 5.3% sold is down 26.8% month over month. Now sold means that the property could have been in escrow for 30-90 days or longer and just so happen to sell in January. The more accurate stat to look at is Pended, because this is... Continue Reading »
Lets take a look at numbers for December on homes 600k to 1 million. For sale is down 14.3% sold is up 3.8% and pended is down 1.2% however, that is only 5 properties less then last month. The median is $720,000, no change over last month. Days on market is at 94. Sellers are getting 92% of there original list price. Months... Continue Reading »
Housing numbers for December have just come out, lets take a look at them now. For sale is down 5.1% sold is up 19.8% month over month. Now sold means that the property could have been in escrow for 30-90 days or longer and just so happen to sell in November. The more accurate stat to look at is Pended, because this is... Continue Reading »
Lets take a look at numbers for November on homes 600k to 1 million. For sale is down 8.8% sold is down 5.8% and pended is up 7.3%. Now sold means that the property could have been in escrow for 30-90 days or longer and just so happen to sell in November. The more accurate stat to look at is Pended, because this is property... Continue Reading »
Housing numbers for November have just come out, lets take a look at them now. For sale is down 1.8% sold is down 13.4% month over month. Now sold means that the property could have been in escrow for 30-90 days or longer and just so happen to sell in November. The more accurate stat to look at is Pended, because this... Continue Reading »
The real estate market in Orange County on homes from $600,000 to $1,000,000 is starting to show some signs of slowing. For sale is up 7.5% sold is down 13.3% and pended is down 5.2%. The median is $717,000, 15,000 dollars lower then last month. Average active and average sold price are also both down. Days on market... Continue Reading »
Numbers for July have just come out, lets take a look at them now. For sale is up 9.2% sold is down 22.4% month over month. Now sold means that the property could have been in escrow for 30-90 days or longer and just so happen to sell in July. The more accurate stat to look at is Pended, because this is property... Continue Reading »
The real estate market in Orange County on homes from $600,000 to $1,000,000 was very strong for the month of May. As you can see by the graph below, for sale, pended and sold are all up month over month. Days on market is at 74, 5 days more then last month. The average price per Sq. Ft is $303, there is only 1... Continue Reading »
What is going to happen to the real estate market now that the tax credit has come to an end? Michael Fratantoni, MBA’s Vice President of Research and Economics said: “The data continues to suggest that the tax credit pulled sales into April at the expense of the remainder of the spring buying season.” Numbers... Continue Reading »
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