Jan. 21, 2020

2020 OC Real Estate Market Report

  • Available Homes For Sale Inventory Down Year to Year in Orange County
    • Inventory DOWN 34% From 2019 at 3692 Homes Available at the Beginning of 2020
  • Sales Prices Are Stable In Most Neighborhoods in Orange County
  • Average Days on Market Still Depends on Price Segment, Neighborhood, and Condition of Property.  Generally speaking, Homes are Selling Quicker in January 2020 than in  November 2019.
  • Interest Rates are Still at Historical Lows, Great Opportunities for Buyers and Fuel the Buyers For Sellers Selling
    • Around 3.875% for a 30-year-fixed Conventional Loan as well as FHA and VA Loans
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