Sellers Favored at Orange County CA in Decline of Active Homes for Sale Listing Inventory

The amazing decline in number of homes for sale listings at Orange County CA housing market favors sellers in a big way.

Hottest price range of Orange County CA homes selling are those below $750k – which makes up 57 percent of active for sale inventory – and 82 percent of Orange County buyer market demand.
This price range at Orange County has average time to sell now at almost lightening fast pace of only 24 days.

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?

OC active listing inventory - 11-25-2012

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.

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 Source of some information is ReportsOnHousing.com.    

 

Contact us here about listing and sale of your Irvine and Orange County CA homes and real estate.

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.

Posted via email from Explore OC Homes

About Harrison K. Long

Honored as "REALTOR® of the Year 2016" by the Orange County Associations of REALTORs®. Professional real estate representative, Realtor, GRI, Broker associate, Evergreen Realty HomeSmart, Irvine and Orange County, CA - CALBRE 01410855 - Helping property owners, estate trustees, executors, administrators, fiduciaries, bankers, investor group managers, with listing and sale of properties. California Association of Realtors (now serving on its board of directors); National Association of Realtors. Attorney member of the California State Bar Association #69137 - Contact by cell or text at 949-701-2515.
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