April OC Real Estate Market For Homes Over 1 Million

The real estate market in Orange County on homes over $1,000,000 was strong for the month of April. As you can see by the graph below, for sale, and pended are all up month over month, however sold is down 2.6% but that’s only 5 houses. Days on market is at 100 which is the lowest it has been dating back 15 months.  The average price per Sq. Ft is $492,000 which is the average going back 15 month. Pended ( property that actually sold in that month) is the highest it has been in the last 15 months 57 more then last month. The average active list price is $2,918,000. Sellers are getting about 88% of their original list price.

Historically low interest rates have definitely played a huge part in boosting this market. Take advantage of it!

	1 month			1 year			15 months
	Mar 10	Apr 10	% Change	Apr 09	Apr 10	% Change	Feb 09	Apr 10	% Change
For Sale	2093	2197	5%	2732	2197	-19.6%	2569	2197	-14.5%
Sold	195	190	-2.6%	133	190	42.9%	81	190	134.6%
Pended	247	304	23.1%	196	304	55.1%	122	304	149.2%

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