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| APRIL 2025 | |||
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| Units Sold 68 |
Active Inventory 145 |
Median Sale Price $408,000 |
Days On Market 40 |
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| Up 33% Vs. Year Ago |
Up 39% Vs. Year Ago |
Up 3% Vs. Year Ago |
Down -13% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in April, with 68 sold this month in Orange County Real Estate. This month's total units sold was higher than at this time last year. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 41 units or 39%. The total number of active inventory this April was 145 compared to 104 in April 2024. This month's total of 145 is lower than the previous month's total supply of available inventory of 148, a decrease of 2%. |
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Median Sale Price
Last April, the median sale price for Orange County Homes was $395,000. This April, the median sale price was $408,000, an increase of 3% or $13,000 compared to last year. The current median sold price is 2% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 73 |
Current Contracts 62 |
Sold Vs. List Price 99.9% |
Months of Supply 2.1 |
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| Up 11% Vs. Year Ago |
Up 2% Vs. Year Ago |
No Change Vs. Year Ago |
No Change Vs. Year Ago |
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Months of Supply
In April, there was 2.1 months of supply available in Orange County. The amount of supply is similar compared to a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. |
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New Listings & Current Contracts
This month there were 73 homes newly listed for sale in Orange County compared to 66 in April 2024, an increase of 11%. There were 62 current contracts pending sale this April compared to 61 a year ago. The number of current contracts is 2% higher than last April. |
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Sale Price to List Price Ratio
In April, the average sale price in Orange County was 99.9% of the average list price, which is similar compared to a year ago. Days on Market
This month, the average number of days on market was 40, lower than the average last year, which was 46, a decrease of 13%. | |||
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| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. | |||
 Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc. |
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