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.
The average of inventory for detached homes was 2.9 months which is up 45% from December of last year. Attached homes inventory has doubled since last year with 2.9 months of inventory compared to 1.4 months last year.
The median sales price is beginning to drop off for detached homes at $790,000, down from $810,000 last month. Attached homes are also starting to plateau with a median sales price of $499,000 which is a minor decrease from November's $500,000.