Posts Tagged ‘ orange county home prices ’

Orange County Real Estate Market Update

Market update provided by Teresa Mihelic of OCDreamhomes in Orange County, California.

This has been a very interesting year for our real estate market in Orange County. And this time of the year, we would have expected that the demand (the number of new pending sales) would have started to decline as we head into the holiday season.

Well, not this year.

It didn’t follow the “expected” cycle for the first half of the year (it constantly kept growing with a few step backs), and it has increased by 130 homes in the past 2 weeks and now totals 2974 pending sales.

To give some perspective, at this time of the year over the last few years, these were the numbers:

2008: 2,974 pending sales
2007: 1,180 pending sales
2006: 2,208 pending sales
2005: 3,058 pending sales

Interesting fact:

Demand is surpassing the prior 2 years, and looking like 2005 numbers. We will continue to see an influx of Continue reading this post


Posted by: Jessica Gopalakrishnan on October 3rd, 2008 under Regional

1 Comment »

For Real Estate Agents

Online Marekting Solutions

For Home Buyers and Sellers

e.g., 1250 S Main St, Burbank, CA or 91506
     Search Foreclosures    Search New Homes    Search Rentals    

Blog Categories

Blog Archives

Real Estate Blogs

Top Articles

Recent Comments

Guaranteed LeadsReferral Lead ProgramListings PackageVisits to your WebsiteFind REALTOR®Homes For SaleHome Values