David Deem 714-997-3486 Dave@DeemTeam.com   ·        The active listing inventory in the past couple of weeks decreased by 89 homes, down 4%, and now sits at 2,053, the second-lowest mid-March level since tracking began in 2004 behind last year. In March, 39% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 1,346 less. Last ye ar, there were 1,732 homes on the market, 321 fewer homes, or 16% less. The 3-year average before COVID (2017 to 2019) was 5,780, or 182% more. ·        Demand, the number of pending sales over the prior month, increased by 103 pending sales in the past two weeks, up 7%, and now totals 1,663. Last year, there were 2,241 pending sales, 35% more than today. The 3-year average before COVID (2017 to 2019) was 2,777, or 67% more. ·        With the inventory falling and demand rising, the Expected Market Time, the number of days to se...

David Deem 714-997-3486 Dave@DeemTeam.com The active listing inventory in the past couple of weeks decreased by 26 homes, down 1%, and now sits at 2,142, the second-lowest end-of-March level since tracking began in 2004 behind last year. In March, 39% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 1,346 less. Last ye ar, there were 1,552 homes on the market , 590 fewer homes, or 28% less . The 3-year average before COVID (2017 to 2019) was 5,533, or 158% more. Demand, the number of pending sales over the prior month, decreased by 7 pending sales in the past two weeks, nearly unchanged, and now totals 1,560. Last year, there were 2,286 pending sales, 47% more than today . The 3-year average before COVID (2017 to 2019) was 2,668, or 71% more . With the inventory falling and demand unchanged, the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, decreased from 42 to 41 days in the past coup...

David Deem 714-997-3486 Dave @DeemTeam.com     ·        The active listing inventory in the past couple of weeks decreased by 50 homes, down 2%, and now sits at 2,168, the second-lowest March level since tracking began in 2004 behind last year. In February, 45% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 1,413 less. Last ye ar, there were 1,556 homes on the market , 612 fewer homes, or 28% less . The 3-year average before COVID (2017 to 2019) was 5,286, or 144% more. ·        Demand, the number of pending sales over the prior month, increased by 62 pending sales in the past two weeks, up 4%, and now totals 1,567, its highest level since September. Last year, there were 2,284 pending sales, 46% more than today . The 3-year average before COVID (2017 to 2019) was 2,514, or 61% more . ·        With demand rising and supply falling , the Ex...

David Deem 714-997-3486 Dave@DeemTeam.com   ·        The active listing inventory in the past couple of weeks decreased by 110 homes, down 5%, and now sits at 2,305, the second-lowest mid-February level since tracking began. In January, 45% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 1,375 less. Last ye ar, there were 1,378 homes on the market , 947 fewer homes, or 41% less . The 3-year average before COVID (2017 to 2019) was 4,977, or 116% more. ·        Demand, the number of pending sales over the prior month, soared higher by 237 pending sales in the past two weeks, up 18%, and now totals 1,537. Last year, there were 1,998 pending sales, 30% more than today . The 3-year average before COVID (2017 to 2019) was 2,393, or 56% more . ·        With demand soaring and the supply falling , the Expected Market Time, the number of days to sell all Oran...

David Deem 714-997-3486 Dave@DeemTeam.com ·        The active listing inventory in the past couple of weeks decreased by 121 homes, down 5%, and now sits at 2,415, the second lowest level to start February since tracking began. In January, 45% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 684 less. Last ye ar, there were 1,270 homes on the market, 1,145 fewer homes, or 47% less. The 3-year average before COVID (2017 to 2019) was 4,695, or 94% more. ·        Demand, the number of pending sales over the prior month, soared higher by 361 pending sales in the past two weeks, up 38%, and now totals 1,300, its largest two-week rise since February 2021. Last year, there were 1,683 pending sales, 29% more than today. The 3-year average before COVID (2017 to 2019) was 2,083, or 60% more. ·        With demand soaring and the supply falling , the Expected Market Ti...

  David Deem 714-997-3486 Dave@DeemTeam.com ·        The active listing inventory in the past couple of weeks increased by 6 homes, nearly unchanged, and now sits at 2,536, the second lowest level in mid-January since tracking began. In December, there were 32% fewer homes that came on the market compared to the 3-year average before COVID (2017 to 2019), 483 less. Last ye ar, there were 1,080 homes on the market, 1,456 fewer homes, or 57% less. The 3-year average before COVID (2017 to 2019) was 4,640, or 83% more. ·        Demand, the number of pending sales over the prior month, increased by 39 pending sales in the past two weeks, up 4%, and now totals 939. Last year, there were 1,426 pending sales, 52% more than today. The 3-year average before COVID (2017 to 2019) was 1,349, or 50% more. ·        With demand rising and the supply not changing , the Expected Market Time, the number of days...

David Deem 714-997-3486 Dave@DeemTeam.com ·        The active listing inventory in the past couple of weeks decreased by 112 homes, down 4%, and now sits at 2,530, the second lowest level to start the year behind last year. In December, there were 32% fewer homes that came on the market compared to the 3-year average prior to COVID (2017 to 2019), 483 less. Last ye ar, there were 1,100 homes on the market, 1,430 fewer homes, or 57% less. The 3-year average prior to COVID (2017 to 2019) was 4,506, or 78% more. ·        Demand, the number of pending sales over the prior month, plunged by 138 pending sales in the past two weeks, down 13%, and now totals 900, its lowest start to a year since tracking began in 2004. Last year, there were 1,1298 pending sales, 44% more than today. The 3-year average prior to COVID (2017 to 2019) was 1,349, or 50% more. ·        With demand dropping faster than supply , t...