David Deem Broker Associate 714-997-3486 Dave@DeemTeam.com The active listing inventory in the past couple of weeks decreased by 158 homes, down 4%, and now sits at 3,358, its lowest level since the start of July and its largest drop of the year. In October, 21% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 743 less. Yet, 486 more sellers came on the market this October compared to October 2023. Last ye ar, there were 2,309 homes on the market , 1,049 fewer homes, or 31% less . The 3-year average (2017 to 2019) was 5,359, or 60% extra. Demand, the number of pending sales over the prior month, decreased by 95 pending sales in the past two weeks, down 7%, and now totals 1,363. Last year, the...
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