Market Report

May 1, 2023

Strong Buyer Demand Defines Orange County Real Estate Market

In this week's market report, it's evident that home buyer demand remains strong as the Days On Market (DOM) continues to decline. The median DOM for all properties is now just 23 days, while for those priced under $1,000,000, it drops to a mere 17 days. This trend could send …

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Posted in Market Report
March 21, 2023

Orange County Market Report Showing Strong Buyer Demand

Welcome to our weekly Orange County real estate market report! As always, we bring you the latest updates on the housing market in the area, based on real-time data gathered directly from the MLS.

This week, we have some interesting news to report. For the second time this year, …

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Posted in Market Report
March 13, 2023

The Market Continues To Show Strong Buyer Demand

By Eric Engelbert

Welcome to our weekly real estate market report, where we bring you the latest updates on the Orange County housing market.

Despite strong buyer demand and a fair number of closings, inventory has remained relatively unchanged over the past 7 days. However, we did see …

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Posted in Market Report
Feb. 27, 2023

Orange County Homes Sold For Over The List Price For The First Time This Year

By Eric Engelbert

Welcome to our weekly market report on Orange County's real estate scene. In this update, we'll cover the latest developments and trends in the local housing market.

One notable development this week is the occurrence of homes selling for prices higher than the asking price

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Posted in Market Report
Feb. 13, 2023

Housing Inventory Dropped For The Fourth Consecutive Week!

Our housing market continues to see a drop in inventory for the fourth straight week. The pending sales have increased over the same time period. And, the days on market have also steadied.

The median list price for single-family homes in Orange County stays strong at $1,500,000, while the …

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Posted in Market Report
Feb. 8, 2023

Strong Home Buyer Demand Eases Concerns Of A Crash.

By Eric Engelbert

Welcome to our weekly market report. Today we'll be discussing the latest trends in the housing market and what they mean for buyers and sellers.

As we enter 2023, we're seeing strong demand for homes, with a continuous increase in pending home sales over the …

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Posted in Market Report
Jan. 30, 2023

Is The Real Estate Market Heading For A Crash?

Real estate continues to be a hot topic and many people are curious about the future of the market. With low inventory levels and an increase in the number of properties under contract, it's understandable that there is so much concern. Is there a crash coming? The current statistics indicate: …

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Posted in Market Report
Jan. 23, 2023

Real Estate Statistics are improving in Orange County

By Eric Engelbert

According to the latest real estate trends, the days on market statistics and the price reduction statistics are improving.

Specifically, the Orange County days on market has decreased across all sectors, and the percentage of price reductions has dropped to a mere 35%.

Additionally, …

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Posted in Market Report
Jan. 17, 2023

Google Trends Showing Spike In Homebuyer Interest

By Eric Engelbert

It is clear that homebuyer interest is on the rise, as evidenced by the upward trend in Google Trends and the decrease in residential inventory for sale in Orange County. Additionally, the increase in properties with accepted offers and closed sales, as well as the decrease …

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Posted in Market Report
Jan. 9, 2023

Orange County Real Estate Market Report: Unveiling the Trends

By Eric Engelbert

Welcome to Orange County Real Estate, where we believe that staying informed empowers better decisions. Our Weekly Market Report is your compass in the dynamic world of real estate. Let's dive into the latest update as of January 9, 2023, and explore the unfolding narrative of …

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Posted in Market Report