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Orange County Housing Summary: September 30, 2024

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                                                                         David Deem Broker Associate 714-997-3486 Dave@DeemTeam.com The active listing inventory in the past couple of weeks decreased by 29 homes, down 1%, and now sits at 3,666, its first drop since March and a strong indicator that a peak was reached a couple of weeks ago. In August, 31% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 1,083 less. Yet, 300 more sellers came on the market this August compared to August 2023. Last ye ar, there were 2,340 homes on the market, 1,326 fewer homes, or 36% less. The 3-year average before COVID (2017 to 2019) was 6,400, or 75% extra. Demand, the number of pending sales over the prior month, jumped by 141 pending sales in the past two weeks, up 10%, and now totals 1,554, its largest increase since the start of February and its highest level since the beginning of July. Last year, there were 1,414 pending sales, 9% fewer. The 3-year averag
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Yard Sale Saturday October 5, 2024 - Area 6

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                                     Can you believe it? Our next and LAST yard sale of the 2024 season is this Saturday October 5th in Area 6. That is any family living in the neighborhood South of Meats to Taft, East of Shaffer to Tustin. Just visit www.deemteam.com and choose the "Yard Sale" page or use these links https://www.deemteam.com/yard-sale-sign-up and https://www.deemteam.com/yard-sale-map-and-calendar  . Looking forward to seeing you there! And remember, We not only host yard sales, we also sell houses! David Deem Broker Associate DRE#01266522
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Yard Sale Saturday September 28th, 2024 - Area 9

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                                    Can you believe we are down two the next to last yard sales of the season? Come on everyone, and join us one more time! Our next yard sale is this Saturday, September 28th in Area 9. That's any family living in the neighborhood South of Riverdale to Bixby, East of Orange Olive to Tustin. Just visit www.deemteam.com and choose the "Yard Sale" page or use these links https://www.deemteam.com/yard-sale-sign-up and https://www.deemteam.com/yard-sale-map-and-calendar  . Looking forward to seeing you there! And remember, We not only host yard sales, we also sell houses! David Deem Broker Associate DRE#01266522
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Yard Sale Saturday September 14th, 2024 - Area 3

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                                   Looks like the heatwave is finally over!  How about we celebrate by going outside and having a yard sale?  Our next yard sale is scheduled for Saturday, September 14th in Area 3.  That's any family living in the neighborhood South of East Taft Avenue  to East Katella Avenue, East of North Glassell Street to North Tustin Street.  Just visit www.deemteam.com and choose the "Yard Sale" page or use these links https://www.deemteam.com/yard-sale-sign-up and https://www.deemteam.com/yard-sale-map-and-calendar  . Looking forward to seeing you there! And remember, We not only host yard sales, we also sell houses! David Deem Broker Associate DRE#01266522
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Orange County Housing Summary: September 3, 2024

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                                       David Deem Broker Associate 714-997-3486 Dave@DeemTeam.com The active listing inventory in the past couple of weeks increased by 109 homes, up 3%, and now sits at 3,599, its highest level since October 2022. In August, 31% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 1,083 less. Yet, 300 more sellers came on the market this August compared to August 2023. Last ye ar, there were 2,385 homes on the market , 1,214 fewer homes, or 34% less . The 3-year average before COVID (2017 to 2019) was 6,569, or 83% extra. Demand, the number of pending sales over the prior month, plunged by 124 pending sales in the past two weeks, down 8%, and now totals 1,470, its largest drop of the year. Last year, there were 1,465 pending sales, nearly unchanged . The 3-year average before COVID (2017 to 2019) was 2,438, or 66% more . With supply rising and demand falling, the Expected Market Time, the number of days to sell all
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Yard Sale Saturday August 24th, 2024 - Area 8

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                                  Where did the summer go? Children are headed back to school already! Sounds like a good time to clear some space for the new school year, so how about a yard sale? Our next yard sale is scheduled for this weekend. That's this Saturday, August 24th in Area 8. That's any family living in the neighborhood South of Lincoln to Fletcher, East of Batavia to Orange Olive. Just visit www.deemteam.co m and choose the "Yard Sale" page or use these links http://www.deemteam.com/yard-sale-sign-u p http://www.deemteam.com/yard-sale-map-and-calenda r Looking forward to seeing you there! And remember, We not only host yard sales, we also sell houses! David Deem Broker Associate DRE#01266522
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Orange County Housing Summary: August 6, 2024

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                                     David Deem Broker Associate 714-997-3486 Dave@DeemTeam.com T he active listing inventory in the past couple of weeks increased by 55 homes, up 2%, and now sits at 3,426, its highest level since November 2022. In July, 27% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 996 less. Yet, 441 more sellers came on the market this July compared to July 2023. Last ye ar, there were 2,475 homes on the market , 951 fewer homes, or 28% less . The 3-year average before COVID (2017 to 2019) was 6,753, or 97% extra, nearly double. Demand, the number of pending sales over the prior month, decreased by one pending sale in the past two weeks, nearly unchanged, and now totals 1,530, still its lowest level since February. Last year, there were 1,580 pending sales, 3% more . The 3-year average before COVID (2017 to 2019) was 2,630, or 72% more . With supply climbing and demand unchanged, the Expected Market Time, the number o
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