On May 17, 2018, California Association of Realtors (C.A.R) reported that homes values decreased 0.8% at an average price of $818,000 in April of 2018 from an average price of $824,450 in March of 2018, but higher 5.5% from $775,000 in April of 2017. While, homes sales jumped 1.9% in April of 2018 from March of 2018, and gained 1.1% from April of 2017, in Orange County, California.
There were 3.5 months supplies of available inventory of homes in April of 2018 up from 3.2 months in March of 2018, but down from 3.7 months in April of 2017. An average it took 14.0 days to sell a home in April 2018, same as from 14.0 days in March of 2018, but fell from 24.0 days in April of 2017, in Orange County, California.
For complete more detailed information about the California Association of Realtors’ April of 2018 Orange County, California homes sales and value report, please click HERE