Orange County Housing Supply Dips

A tiny dip in Orange County’s housing supply this month – three-tenths of 1 percent – actually represents a milestone.

Active Listings 6,333
Pending Sales 2,310
Market time (months) 2.74
1 Year Ago 1.29
2 years ago 3.46

It was the first drop in the local market’s supply of homes for sale since mid-March, Steve Thomas of ReportsOnHousing said this week.



“The drop in inventory is a bit delayed and should have started a couple of months ago,” Thomas said in his report, citing typical seasonal slowness.

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