OC Housing Report: Constrained 2023 Inventory

Orange County Housing Report: Constrained 2023 Inventory

The high mortgage rate environment has prevented many homeowners from selling their homes, and the trend has only deepened this year.

Lack of Sellers

From January through April, there were 46% fewer sellers than the average before COVID, more than 6,500 missing FOR-SALE signs.

 Active Listings

The active inventory finally increased in the past couple of weeks.

 Demand

Demand increased by 3% in the past couple of weeks.

Luxury End

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

 

See Snap Shot of the current OC Housing Report: Constrained 2023 Inventory

(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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