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News and Information to Keep You a Step Ahead!

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June 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_June2018_attached.png   b2ap3_thumbnail_OC_Market_Snapshots_June2018_detached.png

The average of inventory for detached homes was 3.6 months. That is up slightly from last year when it was 3.3 months of supply. Attached homes inventory has increased to 2.8 months compared to 2.2 months in June of last year.

The median sales price has risen since last year for detached homes at $841,000 but is slightly lower than last month ($849,450). Attached homes continue to rise with a median sales price of $517,000 which is up 7.9% from $479,000 last year.

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Guest Monday, 10 December 2018