David Deem 714-997-3486 Dave@DeemTeam.com     ·         The active listing inventory surged higher by 180 homes, up 12%, and now totals 1,732 homes, still its lowest level for this time of the year since tracking began 18 years ago. In the first couple of weeks of April, there were 23% fewer homes that came on the market compared to the 3-year average prior to COVID (2017 to 2019), 476 fewer. Last ye ar, there were 2,384 homes on the market, 652 additional homes, or 38% more .   ·         Demand, the number of pending sales over the prior month, decreased by 45 pending sales in the past two weeks, down 2%, and now totals 2,241, its first drop of the year. Last year, there were 3,070 pending sales, 37% more than today . The 3-year average prior to COVID (2017 to 2019) was 2,777, or 24% more .   ·         With supply surging higher and demand dropping , the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, increased from 20 to 23 da

  David Deem 714-997-3486 Dave@DeemTeam.com   ·         The active listing inventory decreased by 2 homes, nearly unchanged, and now totals 1,552 homes, its lowest level for this time of the year since tracking began 18 years ago. In March, there were 18% fewer homes that came on the market compared to the 3-year average prior to COVID (2017 to 2019), 685 fewer. Last ye ar, there were 2,240 homes on the market, 688 additional homes, or 44% more . ·         Demand, the number of pending sales over the prior month, increased by 2 pending sales in the past two weeks, nearly unchanged, and now totals 2,286. Last year, there were 3,162 pending sales, 38% more than today, and the peak for demand in 2021 . The 3-year average prior to COVID (2017 to 2019) was 2,668, or 17% more . ·         With supply and demand unchanged , the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, remained unchanged at 20 days in the past couple of weeks,