The inventory for all condos and townhomes in Orange County has dropped by a dramatic 44% in the past twelve months. Price per square foot has decreased by about 8%, and closed homes have increased by more than 22%. Looks like many buyers, first-time home buyers and investors alike, are entering the condo market to take advantage of this opportune moment. Here is the data for all Orange County condos and townhomes from January 2011 to the end of December 2011:
Click here for Active vs. Pending vs. Sold data for Orange County Condos.
Click here for Average Price Per Square Foot data.
Click here for the data for Average Days on Market and Orig. Price vs. Sold Price.
Click here for Months of Inventory.
Are you ready to take advantage of the low interest rates and the low prices and make a savvy home purchase? Do you just have some questions? feel free to call me: 949.525.5905