David Deem 714-997-3486 Dave@DeemTeam.com         ·        The active listing inventory in the past couple of weeks decreased by 96 homes, down 3%, and now sits at 3,581, its lowest level since June. In October, there were 35% fewer homes that came on the market compared to the 3-year average prior to COVID (2017 to 2019), 1,042 less. Last ye ar, there were 1,793 homes on the market, 1,788 fewer homes, or 50% less. The 3-year average prior to COVID (2017 to 2019) was 5,822, or 63% more. ·        Demand, the number of pending sales over the prior month, decreased by 68 pending sales in the past two weeks, down 5%, and now totals 1,202, its lowest reading since April 2020, the initial lockdown of the pandemic. It is the lowest level for November since tracking began in 2004. Last year, there were 2,322 pending sales, 93% more than today. The 3-year average prior to COVID (2017 to 2019) was 2,139, or 78% more. ·        With demand dropping a bit faster than the inventory , the Expected Ma

David Deem 714-997-3486 Dave@DeemTeam.com     ·        The active listing inventory in the past couple of weeks increased by 21 homes, up 1%, and now sits at 3,677. 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 1,864 homes on the market, 1,813 fewer homes, or 49% less. The 3-year average prior to COVID (2017 to 2019) was 6,010, or 63% more. ·        Demand, the number of pending sales over the prior month, plunged by 157 pending sales in the past two weeks, down 11%, and now totals 1,270, its lowest reading since April 2020, the initial lockdowns of the pandemic. It is the lowest level for mid-October since 2007. Last year, there were 2,429 pending sales, 91% more than today. The 3-year average prior to COVID (2017 to 2019) was 2,180, or 72% more. ·        With demand plunging , the Expected Market Time, the number of days to sell all Orange County listings at the current