MyMarketPulse (mymarketpulse.com) just released its analysis of the May 2024 market data for Orange County, California.
May 2024’s data reveals a Median Sale Price of $1,400,250 for homes in Orange County. This figure represents a decline of 1.4% month-over-month and a 13.4% year-over-year increase.
A total of 1,378 homes were sold in the region, indicating an increase of 11.5% from last month and a rise of 11.4% when compared with a year ago.
Furthermore, homes in Orange County were on the market for an average of 26 days before selling, reflecting a decrease of 2 days days month-over-month and a decrease of 5 days day year-over-year.
With a Market Pulse Score of 114, the analysis suggests a rising trend in Orange County’s housing market momentum.
For more information about the Orange County, California market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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