David Deem Broker Associate 714-997-3486 Dave@DeemTeam.com   The active listing inventory in the past couple of weeks increased by 150 homes, up 6%, and now sits at 2,620. In April, 32% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 1,272 less. 604 more sellers came on the market this April compared to April 2023. Last ye ar, there were 2,190 homes on the market , 430 fewer homes, or 16% less . The  3-year average before COVID (2017 to 2019) was 6,370, or 143% extra, more than double The Expected Market Time for homes priced between $750,000 and $1 million increased from 23 to 36 days. This range represents 15% of the active inventory and 20% of demand. The Expected Market Time for homes priced between $1 million and $1.25 million decreased from 28 to 27 days. This range represents 8% of the active inventory and 14% of demand. The Expected Market T...

David Deem Broker Associate 714-997-3486 Dave@DeemTeam.com   The active listing inventory in the past couple of weeks increased by 150 homes, up 6%, and now sits at 2,470. In April, 32% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 1,272 less. 604 more sellers came on the market this April compared to 2023. Last ye ar, there were 2,139 homes on the market , 331 fewer homes, or 13% less . The 3-year average before COVID (2017 to 2019) was 6,255, or 153% extra, more than double. Demand, the number of pending sales over the prior month, increased by 52 pending sales in the past two weeks, up 3%, and now totals 1,759. Last year, there were 1,660 pending sales, 6% fewer . The 3-year average before COVID (2017 to 2019) was 2,765, or 57% more . With supply rising faster than demand, the Expected Market Time, the number of days to sell all Orange County listings at the current b...

David Deem Broker Associate 714-997-3486 Dave@DeemTeam.com ·        The active listing inventory in the past couple of weeks increased by 136 homes, up 6%, and now sits at 2,320. In March, 42% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 1,623 less. 149 more sellers came on the market this March compared to 2023. Last ye ar, there were 2,076 homes on the market, 244 fewer homes, or 11% less. The 3-year average before COVID (2017 to 2019) was 6,002, or 159% extra, more than double. ·        Demand, the number of pending sales over the prior month, increased by 59 pending sales in the past two weeks, up 4%, and now totals 1,707. Last year, there were 1,706 pending sales, nearly identical to today. The 3-year average before COVID (2017 to 2019) was 2,780, or 63% more. ·        With supply rising faster than demand, the Expected Market Time, the number...