Trends in OC June 09 to May 10

The real estate market index in Orange County for the previous twelve months ending in May is 4.8, which means the average home inventory for the period was nearly five months. The average monthly sales totalled 2406. Using REALTOR.com(R) criteria, the market is described as "neutral", neither a buyer nor seller market. The attached chart represents sales in all price ranges and for all types of real estate; both condo and single family homes. In lower price ranges the index is 3.2 and less, which is a seller market. For more details, call 714-264-5964. To view the trends chart, click on the Title.