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ORANGE COUNTY CALIFORNIA Real Estate and Housing market report - Single Family Residences 07.10.2014 by The Paris911 Team at RE/MAX
13

Orange County California single family homes market update

Jul 03, 2015

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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...
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Page 1: Orange County California single family homes market update

ORANGE COUNTY CALIFORNIAReal Estate and Housing market report - Single Family Residences

07.10.2014 by The Paris911 Team at RE/MAX

Page 2: Orange County California single family homes market update

paris911.com/OC

OC = Orange County :)

Page 3: Orange County California single family homes market update

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

Page 4: Orange County California single family homes market update

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

Page 5: Orange County California single family homes market update

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

Page 6: Orange County California single family homes market update

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

Page 7: Orange County California single family homes market update

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

Page 8: Orange County California single family homes market update

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

Page 9: Orange County California single family homes market update

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

Page 10: Orange County California single family homes market update

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

Page 11: Orange County California single family homes market update

HOW MUCH IS YOUR

OR ANY ORANGE

COUNTY HOME

WORTH?

paris911.com/OCvalues

Page 12: Orange County California single family homes market update

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

Page 13: Orange County California single family homes market update

paris911.com/OC