Orange County California single family homes market update

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Resources that we have provided within this slideshare presentation are: Search for all homes, condos and townhomes in Orange County by Area and or city: http://paris911.com/oc Obtain your or any homes value per the current real estate market in Orange County California: http://paris911.com/ocvalues We are the Paris911 Team. HeadQuartered approximately 50 miles to the north of Orange County, but are in OC at least 3 days a week. Local is good, but market knowledge is better :) - Be safe - enjoy our systems and let my Paris911 Team at REMAX of California know when you are ready to MOVE...

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Orange County California single family homes market update

  1. 1. ORANGE COUNTY CALIFORNIA Real Estate and Housing market report - Single Family Residences 07.10.2014 by The Paris911 Team at RE/MAX
  2. 2. paris911.com/OC OC = Orange County :)
  3. 3. paris911.com/OC Single Family residences in Orange County have been increasing in price. As far back as June of 2012. That is a 29% increase in home prices for Single Family residences in Orange County CA! SOLD PRICES
  4. 4. paris911.com/OC The Median price of for sale properties is up 29%. As is the median price of sold properties - Also up 29%. SALE VS. SOLD
  5. 5. paris911.com/OC The Days on Market Time frames have reduced. It’s taking less time to sell real estate in Orange County versus 2 years ago. Properties are selling 34% faster Today! DAYS ON MARKET
  6. 6. paris911.com/OC March of 2013: 3,567 homes for sale and 1831 homes under contract. December of 2013: 4,000 homes for sale and 981 homes under contact. June 2014 - Orange County has a 3 months supply of inventory. INVENTORY
  7. 7. paris911.com/OC The number of “for sale” properties is down 11% as compared with June of 2012. Less homes on the market in Orange County versus only 2 years ago - Less inventory, with more buyer demand, equals increase in prices. FOR SALE HOMES
  8. 8. paris911.com/OC Comparing June of 2012 to June of 2014 shows sold property numbers down 13%. That is reflective of current inventory levels and prices rising at such a rapid pace within Orange County Single Family Homes. HOMES SOLD
  9. 9. paris911.com/OC December of 2013 had only 981 Single Family Homes under contract in Orange County with regard to Single Family Residences. REO’s: 103 Standard/Other: 878 9% reduction as compared with Two Years ago. UNDER CONTRACT
  10. 10. paris911.com/OC Interesting trend: Single Family Homes that are Expiring, and not selling, in Orange County are up 30%. In fact - the number of homes that did not sell within contract are at an all time high within the past 2 years. June of 2014! EXPIRED LISTINGS
  11. 11. HOW MUCH IS YOUR OR ANY ORANGE COUNTY HOME WORTH? paris911.com/OCvalues
  12. 12. WHO ARE WE? • I’m Connor MacIvor, I like long walks on the beach, holding hands and jazz music… :) lol • Local Realtors under the REMAX Brokerage - HQ’d in Santa Clarita Valley. • 50 minutes from Orange County! • I make it my business to know all surrounding real estate markets so my RE/MAX Team can best advise our clients 100% of the time… paris911.com/OC
  13. 13. paris911.com/OC

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