Orange County Housing Report

Active Inventory: 

In the past two-weeks, the active listing inventory dropped by 137 homes, down 2%, and now totals 6,860. In the past month, it has dropped by 447 homes, a 6% decline. Expect the inventory to continuously fall through the Autumn Market and then will pick up steam and shed a lot of homes during the Holiday Market, from Thanksgiving through the end of the year.  


Demand:  

Demand, the number of new pending sales over the prior month, downshifted in the past two weeks and shed 127 pending sales, a 5% drop, and now sits at 2,401. For the remainder of the Autumn Market expect demand to slowly drop. It too will pick up steam and drop more swiftly during the holidays. 

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Redderson Real Estate Professionals
Redderson Real Estate Professionals
Broker Associate
17767 Santiago Blvd, Ste 610 VILLA PARK CA 92861