David Deem Broker Associate 714-997-3486 Dave@DeemTeam.com   ·        The active listing inventory in the past couple of weeks increased by 68 homes, up 3%, and now sits at 2,408. It is the second lowest October reading since tracking began in 2004, behind the 2,042 reading in 2021. In September, 37% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 1,114 less. Last ye ar, there were 3,656 homes on the market, 1,248 more homes, or 52% higher. The 3-year average before COVID (2017 to 2019) was 6,306, or 162% more, nearly triple. ·        Demand, the number of pending sales over the prior month, decreased by 79 pending sales in the past two weeks, down 6%, and now totals 1,335, the lowest October reading since 2007. Last year, there were 1,427 pending sales, 7% more than today. The 3-year average before COVID (2017 to 2019) was 2,206, or 65% more. ·        With the inventory rising and demand falling, the Expected Market Time, the number of days

David Deem Broker Associate 714-997-3486 Dave@DeemTeam.com   ·        The active listing inventory in the past couple of weeks decreased by 13 homes, down 1%, and now sits at 2,340, its lowest reading since the start of July. It is the second lowest mid-September reading since tracking began in 2004, with only 161 more homes than 2021, the lowest level by far. In September, 37% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 1,114 less. Last ye ar, there were 3,646 homes on the market, 1,306 more homes, or 56% higher. The 3-year average before COVID (2017 to 2019) was 6,400, or 173% more, nearly triple. ·        Demand, the number of pending sales over the prior month, decreased by 60 pending sales in the past two weeks, down 4%, and now totals 1,414, the lowest end-of-September reading since 2007. Last year, there were 1,598 pending sales, 13% more than today. The 3-year average before COVID (2017 to 2019) was 2,262, or 60% more. ·