Orange County Market Update | Real Estate FastStats from OCAR

Orange County Market Update

 

OC FastStats Market Update – September from OCAR on Vimeo.

Here are the highlights from the OC FastStats market update:

According to CAR the overall economic data indicates job market improvements

September Pending Sales

Pending Sales up 4.5% for Detached homes

Pending Sales up 17.7% for Attached homes

 

September closed sales:

Increased 9.4% for Detached homes

Increased 14.1% for Attached homes

 

Inventory Levels:

Down 14.3% for detached homes

Down 26.2% for Attached homes

 

 

Orange County Market Update Analysis:

Current interest rates are still low and fewer homes on market are increasing values of homes that are for sale.

The percent of Sale value vs original list price has increased for both detached and attached homes.

Conclusion: This is a good time to sell in Orange County.

Please contact me for a FREE market analysis of your home and see what your home is worth today!

Jesse Madison

949-306-8416

Jesse@JesseMadison.com

 

What Is OC FastStats from Orange County Association of Realtors?

OC FastStats is a bundle of local housing market products draw from the Orange County MLS each month. This data tells us where the market has been going and what we can expect from the data on homes listed and sold. Inventory levels are managed and tracked as well. Sales data relative to all listings in the Orange County MLS is analyzed for accuracy and analyzed to provide data with which market trends can be studied and analyzed. Data is released through Market Reports and Video. Stay tuned for our next Orange County Market update from data provided by the Orange County Association of Realtors ( OCAR). You can learn more about OCAR at OCAR.org