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Showing posts from December, 2024

New Listing! - Century 21 Affiliated - 306 S Liberty Way Orange CA 92869

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                                                                        David Deem Broker Associate 714-997-3486 Dave@DeemTeam.com New Listing! 306 s Liberty Way, Orange CA 92869                                         www.DeemTeam.com DRE#01266522

Orange County Housing Summary: December 9, 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 plunged by 314 homes, down 9%, and now sits at 3,044, its lowest level since the start of June and its largest drop of the year. In November, 32% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 713 less. Yet, 47 more sellers came on the market this November compared to November 2023. Last ye ar, there were 2,180 homes on the market , 864 fewer homes, or 28% less . The 3-year average (2017 to 2019) was 4,988, or 64% extra . Demand, the number of pending sales over the prior month, decreased by 53 pending sales in the past two weeks, down 4%, and now totals 1,310. Last year, there...