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September 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_Sep2018_detached.png b2ap3_thumbnail_OC_Market_Snapshots_Sep2018_attached.png

The average of inventory for detached homes was 3.8 months. That is up from last year when it was 3.0 months of supply. Attached homes inventory has increased to 3.4 months compared to 2.1 months in September of last year.

The median sales price is leveling off for detached homes at $833,000, up from $800,000 last year but down from $840,000 just last month. Attached homes, however, continue to rise with a median sales price of $520,000 which is an increase of 6.1% from $490,000 last year and $507,900 last month.

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Guest Sunday, 18 November 2018