OC Housing Report: Cool, Cool Summer

August 14, 2023

Orange County Housing Report: It’s a Cool, Cool Summer

The summer of 2023 has been characterized by a low inventory, homeowners unwilling to sell, low demand, and a low number of closed sales.

A Housing Cold Front

There is a scarcity of homes available, a lack of demand, and very few closed sales even though home values are rising and most homes are selling quickly.

Active Listings

The active inventory increased by 4% in the past couple of weeks.


Demand decreased by 18 pending sales within the past couple of weeks. 

Luxury End

The luxury market improved in the past couple of weeks. 



Below is a Snap Shot of the current OC Housing Repor: Cool, Cool, Summer

(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!



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