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August 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_Aug2018_detached.png  b2ap3_thumbnail_OC_Market_Snapshots_Aug2018_attached.png

The average of inventory for detached homes was 3.8 months. That is up from last year when it was 3.2 months of supply. Attached homes inventory has increased to 3.2 months compared to 2.1 months in August of last year.

The median sales price continues to rise for detached homes at $840,000, up from $795,000 last year and $832,000 just last month. Attached homes are up from last year with a median sales price of $507,900 which is an increase of 6.9% from $475,000 last year.

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Guest Monday, 10 December 2018