December 2012 Orange CA Real Estate Market Report
By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
UNBELIEVABLY LOW INVENTORY OF HOMES FOR SALE IN ORANGE CA Remaining consistent with what we experienced throughout 2012, active real estate listings in Orange declined for the 12th consecutive month. And by the end of December 2012, the number of homes for sale in Orange, California had fallen by more than 18% from the previous month, and by a shocking 64.9% when compared to January. This massive decrease in available properties has left very few entry level homes on the market. At the end of the 2012 there were less than 3 dozen houses and condos for sale at or below $500,000, in the entire city of Orange, California. This is unbelievable, especially when you consider that this is the largest city in the County of Orange. Active listings have come down in general, but the largest drop...
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