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May 2018 OC Market Snapshot

Orange County REALTORS® is dedicated to providing members with valuable market data to utilize in the business. In order to provide a quick glance at the housing market, an OC Market Snapshot for both detached and attached homes will be posted online each month. Members can use these graphics for marketing materials and listing presentations. Be sure to also review the Monthly Housing Summary for a more comprehensive look at the County. For a detailed look at over 180 neighborhoods throughout Orange County, use OC FastStats.

b2ap3_thumbnail_OC_Market_Snapshots_May2018_attached.png       b2ap3_thumbnail_OC_Market_Snapshots_May2018_detached.png

The average of inventory for detached homes was 3.4 months. That is up slightly from last year when it was 3.2 months of supply. Attached homes inventory has increased to 2.5 months compared to 2.1 months in May of last year.

The median sales price continue to rise with detached homes coming in at $849,450 which is up 6.2% from 2017. Attached homes rose 4.7% to a median sales price of $501,000 from $478,500 last year.

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Guest Friday, 13 December 2019