Orange County Real Estate Market Report – January 2018

As we’ve mentioned previously, in a “normal market cycle” prices bottom out in December and January.  So far we are seeing the same trend.  In December, however, there was a slight bump in listings which was most likely due to tax reform.  The stock market volatility of the last couple of days is also worth a watch, especially because much of it has been driven by the banks, interest rates, and inflation, all of which impact housing.

Median Sales PriceNew ListingsActive ListingsPending SalesClosed SalesTotal Closed SidesClosed Volume
$665,0002,9235,2021,1171,8013,602$3,054,317,714
Days on MarketMonths SupplyPrice Per Sq Ft% of Last List Price% of Original Price
262.1$40199.0%98.3%

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