David Deem Broker Associate 714-997-3486 Dave@DeemTeam.com ·        The active listing inventory in the past couple of weeks plunged by 129 homes, down 6%, and now sits at 2,180, its lowest level since May. In November, 33% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 743 less. Last ye ar, there were 3,182 homes on the market , 1,002 more homes, or 46% higher . The 3-year average before COVID (2017 to 2019) was 4,988, or 129% extra, more than double. ·        Demand, the number of pending sales over the prior month, decreased by 60 pending sales in the past two weeks, down 5%, and now totals 1,113, its lowest December level since tracking began in 2004. Last year, there were 1,133 pending sales, 2% more than today . The 3-year average before COVID (2017 to 2019) was 1,774, or 59% more . ·        With supply and demand dropping at similar rates, the Expected Market Time, the number of days to sell all Orange County listings at the current b