OC Housing Report: Multiple Offers Again?!?

March 22, 2023

Orange County Housing Report: Multiple Offers Again?!?

 The lack of available homes to purchase has resulted in buyers competing against each other to buy despite low demand. 

Low Supply and Multiple Bids Market Times have dropped like a rock since the start of the year, squeezed by not enough sellers.

Active Listings:

The active inventory continued to fall, declining by 2% in the past couple of weeks.

Demand:

Demand increased by 4% in the past couple of weeks. 

Luxury End:

The luxury market did not change much in the past couple of weeks.

See below for a Snap Shot of the current OC Housing Report: Multiple Offers Again?!?

(Due to Posting Restrictions, To View the Full Report Email Us at [email protected]   or Call 949.770.9888 for a FREE Copy of the Report)

If you or if you have a friend or family member that is thinking of buying or selling real estate, please contact The Wright Team at 949.770.9888 with their name and number and we will be happy to follow up with them!

Don’t forget – you can click https://bit.ly/freeinstanthomeevaluation to find a quick estimate of your home’s current value. Call us at 949.770.9888 if you would like to discuss the current housing market, receive a detailed home value analysis or answers to any real estate questions you may have! We are here to help!

 

 

 The Wright Team…For All Your Real Estate Needs!!

 

 

 

 

 

 

 

 

 

 

 

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