Jeff Farr Real Estate on Page http://www.myorangehome.com/find-real-estate/ Home Buyers United States Real Estate
This week, 01/18/2021, reflects important market updates for community homes that sold in Orange...
Single Family Resident homes: The recent closing activity has the median list price in ORANGE, CA to be $1,075,100 and an average price per square feet of $463. (DOWN overall from the last few weeks). The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.Townhomes and Condos: The recent closing activity has the median list price in ORANGE, CA to be $439,900 and an average price per square feet of $475. (DOWN from the recent weeks). The market continues to get hotter. The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Browse each of the Specific Communities within the City of Orange...