June 2016 Market Update

Orange County Homes Today Chart

2016-06 Median Price

Orange County Median Sale Price

As the temperature heats up in the summer months, so does the the values and demand for property in Orange County. Currently, properties priced properly are receiving multiple offers at or above list price.

In the period ending May 2016, the average sales price in Orange County was $630,000 with respect to single family homes, condominiums, and town homes. It is up roughly 0.8% from the previous month ending April 2016.

Market Statistics

Current Active Listings in OC –6,750

Current Months of Inventory – 2.6

Units Sold Last Month – 3,024

AVG Days to Sell – 61

AVG Sale Price

Single Family Residence – $945,161

Condo/Town home – $514,540

Sale Percentage from Last List Price – 99%

Sale Percentage from Original List Price – 98.4%

 

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