David Deem 714-997-3486 Dave@DeemTeam.com   ·        The active listing inventory in the past couple of weeks increased by 10 homes, nearly unchanged, and now sits at 3,656. In September, there were 24% fewer homes that came on the market compared to the 3-year average prior to COVID (2017 to 2019), 728 less. Last ye ar, there were 2,042 homes on the market, 1,614 fewer homes, or 44% less. The 3-year average prior to COVID (2017 to 2019) was 6,306, or 72% more. ·        Demand, the number of pending sales over the prior month, plunged by 171 pending sales in the past two weeks, down 11%, and now totals 1,427, its largest drop of the year. It is the lowest reading for mid-October since 2007. Last year, there were 2,515 pending sales, 76% more than today. The 3-year average prior to COVID (2017 to 2019) was 2,206, or 55% more. ·        With demand plunging , the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, increased from 68 to

David Deem 714-997-3486 Dave@DeemTeam.com   ·        The active listing inventory in the past couple of weeks increased by 8 homes, nearly unchanged, and now sits at 3,646. In September, there were 24% fewer homes that came on the market compared to the 3-year average prior to COVID (2017 to 2019), 728 less. Last ye ar, there were 2,179 homes on the market, 1,467 fewer homes, or 40% less. The 3-year average prior to COVID (2017 to 2019) was 6,400, or 76% more. ·        Demand, the number of pending sales over the prior month, plunged by 158 pending sales in the past two weeks, down 9%, and now totals 1,598. It is the lowest reading for a start to October since 2007. Last year, there were 2,521 pending sales, 58% more than today. The 3-year average prior to COVID (2017 to 2019) was 2,262, or 42% more. ·        With demand plunging , the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, increased from 62 to 68 days in the past coupl