Pending Home Sales Surge in Orange County

Wow. BIG surge in pending homes sales here in Orange County. I have posted the data for both condos and single family homes for activity from January 2011 to end of January 2012. Looks like pent-up demand has been unleashed, and buyers are coming onto the market in droves. But the numbers speak for themselves.

Click here for the chart for active vs. pending vs. sold for all Orange County Single Family Homes.

Click here for the same data but for all Orange County Condos and Townhomes.

Click here for average price per square foot data for all Orange County Single Family Homes.

Click here for the same data but for all Orange County Condos and Townhomes.

Click here for average days on market and original list price vs. actual closed price for all Orange County Single Family Homes.

Click here for the same data but for all Orange County Condos and Townhomes.

Click here for months of inventory for all Orange County Single Family Homes.

Click here for the same data but for Orange County Condos and Townhomes.

Inventory has been drastically reduced over the past couple of years, going a long way to help stabilize prices. Interest rates are extremely low, incentivizing buyers to jump into the market. 

Now is a great time to BUY OR SELL!!! Call me today!! 949.525.5905

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