The amazing decline in number of homes for sale listings at Orange County CA housing market favors sellers in a big way.
Housing in this range at Orange County CA remains hot according Broker Steven Thomas who published his local market analytics report at ReportsOnHousing.com.
Question is where are the new for sale listings that the Orange County housing market needs?
Active for sale inventory at Orange County CA real estate hit a new low – now at 3,543 homes for sale.
Irvine CA real estate is one of the busiest markets with only 252 homes listed for sale as of yesterday November 25, 2012 – Irvine needs about 750 for sale listings to be balanced. Average market time to theoretically sell all for sale listings at Irvine is very fast at 1.2 months.
Because we are now in the prior to Christmas and holiday season, don’t expect this real estate market to have a huge increase in number of homes listed prior to December 25.
We hope that Orange County property owners understand that the decline in active for sale listings favors them as sellers big time – and that now is the time to list and sell and possibly get the best possible price in years.
Source of some information is ReportsOnHousing.com.
Professional REALTOR® agent representation – help for property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.