July Real Estate Market On Homes From 600k To 1 Million

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 is at 71 which is the average dating back 15 month.  Sellers are still getting 94% of there original list price.

This is a classic example of supply and demand. And a perfect time to buy in this price range, with prices lowering and jumbo loans under 6%.

Keep in mind that this is all of Orange County some towns and neighborhoods may be showing signs of improvement. Email me if you would like to know the stats of an area you are considering moving to.

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