orange county california single family homes market update
DESCRIPTION
Resources that we have provided within this slideshare presentation are: Search for all homes, condos and townhomes in Orange County by Area and or city: http://paris911.com/oc Obtain your or any homes value per the current real estate market in Orange County California: http://paris911.com/ocvalues We are the Paris911 Team. HeadQuartered approximately 50 miles to the north of Orange County, but are in OC at least 3 days a week. Local is good, but market knowledge is better :) - Be safe - enjoy our systems and let my Paris911 Team at REMAX of California know when you are ready to MOVE...TRANSCRIPT
ORANGE COUNTY CALIFORNIAReal Estate and Housing market report - Single Family Residences
07.10.2014 by The Paris911 Team at RE/MAX
paris911.com/OC
Single Family
residences in
Orange County
have been
increasing in price.
As far back as June
of 2012.
That is a 29%
increase in home
prices for Single
Family residences
in Orange County
CA!
SOLD PRICES
paris911.com/OC
The Median price of
for sale properties
is up 29%.
As is the median
price of sold
properties - Also
up 29%.
SALE VS. SOLD
paris911.com/OC
The Days on Market
Time frames have
reduced.
It’s taking less time
to sell real estate in
Orange County
versus 2 years ago.
Properties are
selling 34% faster
Today!
DAYS ON MARKET
paris911.com/OC
March of 2013:
3,567 homes for
sale and 1831
homes under
contract.
December of 2013:
4,000 homes for
sale and 981 homes
under contact.
June 2014 - Orange
County has a 3
months supply of
inventory.
INVENTORY
paris911.com/OC
The number of “for
sale” properties is
down 11% as
compared with June
of 2012.
Less homes on the
market in Orange
County versus only
2 years ago - Less
inventory, with more
buyer demand,
equals increase in
prices.
FOR SALE HOMES
paris911.com/OC
Comparing June of
2012 to June of
2014 shows sold
property numbers
down 13%.
That is reflective of
current inventory
levels and prices
rising at such a
rapid pace within
Orange County
Single Family
Homes.
HOMES SOLD
paris911.com/OC
December of 2013
had only 981 Single
Family Homes
under contract in
Orange County with
regard to Single
Family Residences.
REO’s: 103
Standard/Other: 878
9% reduction as
compared with Two
Years ago.
UNDER CONTRACT
paris911.com/OC
Interesting trend:
Single Family
Homes that are
Expiring, and not
selling, in Orange
County are up 30%.
In fact - the number
of homes that did
not sell within
contract are at an all
time high within the
past 2 years.
June of 2014!
EXPIRED LISTINGS
HOW MUCH IS YOUR
OR ANY ORANGE
COUNTY HOME
WORTH?
paris911.com/OCvalues
WHO ARE WE?
• I’m Connor MacIvor, I like long walks
on the beach, holding hands and jazz
music… :) lol
• Local Realtors under the REMAX
Brokerage - HQ’d in Santa Clarita
Valley.
• 50 minutes from Orange County!
• I make it my business to know all
surrounding real estate markets so
my RE/MAX Team can best advise
our clients 100% of the time…paris911.com/OC
