Orange County Real Estate Market Update | March 2016

Page 1

MARCH 2016


TABLE OF CONTENTS Orange County Market Report MARCH 2016

Aliso Viejo

Irvine

Orange

Anaheim

La Habra

Orange Park Acres

Anaheim Hills

La Palma

Placentia

Brea

Ladera Ranch

Rancho Santa Margarita

Buena Park

Laguna Beach

San Clemente

Corona del Mar

Laguna Hills

San Juan Capistrano

Costa Mesa

Laguna Niguel

Santa Ana

Coto de Caza

Lake Forest

Seal Beach

Cypress

Los Alamitos

Stanton

Dana Point

Mission Viejo

Tustin

Fountain Valley

Newport Beach

Villa Park

Fullerton

Newport Coast

Westminster

Garden Grove

North Tustin

Yorba Linda

Huntington Beach All reports presented within this document are based on data supplied by the CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) or their MLSs. Neither the AssociaGons nor their MLSs guarantee or are in anyway responsible for their accuracy. Data maintained by the AssociaGons or their MLSs may not reect all real estate acGviGes in the market. InformaGon deemed reliable but not guaranteed.


ALISO VIEJO Single Family Residence

ALISO VIEJO Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

45

48

39

62

38

20

30

14

Sold Inventory

21

16

13

17

Average Sale Price

$817,105

$754,238

$770,762

$832,035

77

84

88

68

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

100 80 60 40 20 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


ANAHEIM ANAHEIM Â

Single Family Residence 12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

3 Months Ago

Last Month

198

210

182

270

163

134

109

99

Sold Inventory

94

80

79

74

Average Sale Price

$483,602

$495,272

$511,369

$515,958

66

54

71

72

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

300 250 200 150 100 50 0

12 Months Ago

6 Months Ago

View homes for sale in Aliso Viejo >> Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


ANAHEIM HILLS Â

Single Family Residence

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

3 Months Ago

Last Month

115

132

101

129

59

55

39

47

Sold Inventory

42

37

41

38

Average Sale Price

$749,762

$761,935

$752,254

$800,590

65

60

118

51

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

140 120 100 80 60 40 20 0

12 Months Ago

6 Months Ago

View homes for sale in Aliso Viejo >> Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


BREA Â

Single Family Residence 12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

3 Months Ago

Last Month

91

80

69

63

58

32

24

36

Sold Inventory

29

30

22

23

Average Sale Price

$734,138

$673,963

$622,286

$643,786

67

64

44

69

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

100 80 60 40 20 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


BUENA PARK BUENA PARK Â

Single Family Residence

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

3 Months Ago

Last Month

97

92

68

97

75

50

38

47

Sold Inventory

35

41

32

42

Average Sale Price

$533,960

$478,750

$492,157

$515,688

30

67

65

63

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

120 100 80 60 40 20 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


CORONA DEL MAR Single Family Residence

CORONA DEL MAR Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

71

76

64

80

16

21

15

4

Sold Inventory

7

16

9

9

Average Sale Price

$2,749,000

$3,516,563

$3,541,111

$3,075,278

80

71

113

89

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

120 100 80 60 40 20 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


COSTA MESA Â

Single Family Residence

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

3 Months Ago

Last Month

89

133

97

143

75

60

51

39

Sold Inventory

69

60

34

44

Average Sale Price

$798,033

$764,846

$821,353

$848,563

74

62

85

75

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

180 150 120 90 60 30 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


COTO DE CAZA COTO DE CAZA Â

Single Family Residence

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

93

98

80

130

39

14

25

15

Sold Inventory

34

15

11

17

Average Sale Price

$1,258,675

$1,370,400

$1,691,727

$1,411,158

112

98

223

126

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

250 200 150 100 50 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


CYPRESS CYPRESS Â

Single Family Residence 12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

3 Months Ago

Last Month

44

56

57

64

41

33

26

21

Sold Inventory

21

22

17

19

Average Sale Price

$620,405

$618,817

$607,529

$639,684

46

70

71

38

Days on Market

80 70 60 50 40 30 20 10 0

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


DANA POINT Single Family Residence

DANA POINT Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

149

121

117

158

51

28

25

14

Sold Inventory

35

28

19

19

Average Sale Price

$1,275,874

$1,528,554

$2,299,263

$2,144,263

74

91

83

117

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

180 150 120 90 60 30 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


FOUNTAIN VALLEY Single Family Residence

FOUNTAIN VALLEY Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

49

51

35

56

29

34

24

25

Sold Inventory

28

25

17

24

Average Sale Price

$751,202

$756,056

$678,824

$748,685

39

85

41

48

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

100 80 60 40 20 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


FULLERTON Single Family Residence

FULLERTON Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

176

192

160

198

136

105

83

61

Sold Inventory

96

76

44

68

Average Sale Price

$658,103

$699,683

$636,245

$672,545

72

64

71

58

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

240 200 160 120 80 40 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


GARDEN GROVE GARDEN GROVE Â

Single Family Residence

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

109

128

115

142

131

97

84

60

Sold Inventory

58

57

36

56

Average Sale Price

$504,426

$551,481

$519,168

$531,429

53

53

65

45

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

150 120 90 60 30 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


HUNTINGTON BEACH Single Family Residence

HUNTINGTON BEACH Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

260

292

193

311

173

135

99

73

Sold Inventory

113

92

96

95

Average Sale Price

$935,272

$916,405

$945,402

$952,357

81

79

84

77

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

360 300 240 180 120 60 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


IRVINE Single Family Residence

IRVINE Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

287

319

230

307

138

97

98

64

Sold Inventory

114

90

81

87

Average Sale Price

$1,109,588

$1,091,098

$1,338,849

$1,224,712

58

68

97

73

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

360 300 240 180 120 60 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


LA HABRA Single Family Residence

LA HABRA Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

70

73

59

87

54

35

40

22

Sold Inventory

42

39

26

28

Average Sale Price

$524,762

$490,258

$552,131

$581,464

68

43

81

41

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

100 80 60 40 20 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


LA PALMA Single Family Residence

LA PALMA Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

13

17

11

21

17

9

10

5

Sold Inventory

7

8

5

5

Average Sale Price

$684,964

$634,000

$630,400

$587,500

53

60

40

60

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

70 60 50 40 30 20 10 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


LADERA RANCH LADERA RANCH Â

Single Family Residence

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

107

84

67

115

35

22

22

18

Sold Inventory

30

20

17

22

Average Sale Price

$1,033,458

$1,030,090

$975,935

$897,895

77

80

101

51

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

140 120 100 80 60 40 20 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


LAGUNA BEACH LAGUNA BEACH Â

Single Family Residence

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

214

217

157

221

50

33

24

16

Sold Inventory

34

23

22

26

Average Sale Price

$2,421,937

$3,507,946

$2,199,318

$3,358,443

120

159

114

154

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

240 200 160 120 80 40 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


LAGUNA HILLS LAGUNA HILLS Â

Single Family Residence

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

81

99

76

113

26

32

21

15

Sold Inventory

23

20

16

19

Average Sale Price

$1,186,124

$1,282,775

$856,744

$1,168,737

57

117

102

126

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

140 120 100 80 60 40 20 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


LAGUNA NIGUEL LAGUNA NIGUEL Â

Single Family Residence

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

204

163

145

225

97

71

57

30

Sold Inventory

74

48

30

63

Average Sale Price

$965,652

$982,220

$885,483

$974,668

95

76

95

63

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

240 200 160 120 80 40 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


LAKE FOREST Single Family Residence

LAKE FOREST Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

104

119

83

161

92

65

51

41

Sold Inventory

77

38

39

48

Average Sale Price

$681,797

$679,199

$652,638

$690,623

51

68

65

41

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

180 150 120 90 60 30 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


LOS ALAMITOS Single Family Residence

LOS ALAMITOS Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

14

7

4

11

13

6

5

4

Sold Inventory

6

4

2

5

Average Sale Price

$720,667

$828,125

$725,000

$826,924

86

70

42

18

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

100 80 60 40 20 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


MISSION VIEJO Single Family Residence

MISSION VIEJO Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

197

196

146

239

147

107

74

43

Sold Inventory

107

87

66

78

Average Sale Price

$657,231

$699,938

$700,231

$683,568

59

73

70

66

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

300 250 200 150 100 50 0

12 Months Ago

6 Months Ago

3 Months Ago

Orange County Market Report | JANUARY 2015

Last Month


NEWPORT BEACH NEWPORT BEACH Â

Single Family Residence

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

3 Months Ago

Last Month

267

250

203

303

80

74

61

32

Sold Inventory

63

46

44

48

Average Sale Price

$2,143,487

$2,278,761

$2,682,523

$2,097,151

113

116

97

103

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

350 300 250 200 150 100 50 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


NEWPORT COAST NEWPORT COAST Â

Single Family Residence

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

3 Months Ago

Last Month

66

83

75

92

18

8

13

8

Sold Inventory

14

8

4

16

Average Sale Price

$4,827,392

$2,934,125

$2,545,000

$2,317,618

107

80

78

105

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

120 100 80 60 40 20 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


NORTH TUSTIN NORTH TUSTIN Â

Single Family Residence

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

3 Months Ago

Last Month

90

103

74

106

37

29

20

20

Sold Inventory

15

14

24

26

Average Sale Price

$1,006,060

$1,065,350

$1,049,583

$982,231

61

80

113

72

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

120 100 80 60 40 20 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


ORANGE Single Family Residence

ORANGE Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

191

201

144

211

127

95

79

56

Sold Inventory

98

69

55

66

Average Sale Price

$683,480

$727,549

$670,632

$693,806

79

70

64

83

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

240 200 160 120 80 40 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


ORANGE PARK ACRES Single Family Residence

ORANGE PARK ACRES Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

3

3

2

3

2

2

1

0

Sold Inventory

0

0

0

1

Average Sale Price

N/A

N/A

N/A

$915,000

0

0

0

19

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

20 15 10 5 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


PLACENTIA Single Family Residence

PLACENTIA Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

73

50

44

65

49

38

29

31

Sold Inventory

38

31

16

23

Average Sale Price

$591,547

$648,513

$593,750

$658,652

47

69

38

75

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

80 60 40 20 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


RANCHO SANTA MARGARITA RANCHO SANTA MARGARITA Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence 3 Months Ago

Last Month

104

105

61

112

71

49

39

20

Sold Inventory

57

40

31

33

Average Sale Price

$681,925

$736,610

$792,384

$669,045

52

76

81

56

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

120 100 80 60 40 20 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


SAN CLEMENTE SAN CLEMENTE Â

Single Family Residence

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

208

243

193

308

96

71

66

42

Sold Inventory

84

46

38

42

Average Sale Price

$1,046,342

$1,053,239

$1,009,563

$1,103,926

82

78

88

96

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

360 300 240 180 120 60 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


SAN JUAN CAPISTRANO Single Family Residence

SAN JUAN CAPISTRANO Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

110

125

95

142

34

22

34

15

Sold Inventory

33

28

21

29

Average Sale Price

$831,988

$852,277

$1,154,352

$970,283

100

78

126

89

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

150 120 90 60 30 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


SANTA ANA Single Family Residence

SANTA ANA Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

187

231

213

247

140

124

97

76

Sold Inventory

92

80

59

64

Average Sale Price

$510,098

$488,665

$546,491

$516,640

44

66

64

62

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

300 250 200 150 100 50 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


SEAL BEACH Single Family Residence

SEAL BEACH Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

19

18

19

39

18

15

8

4

Sold Inventory

9

12

2

2

Average Sale Price

$1,050,444

$876,375

$747,500

$852,500

59

47

45

28

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

70 60 50 40 30 20 10 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


STANTON Single Family Residence

STANTON Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

25

13

14

17

12

4

3

8

Sold Inventory

7

8

3

6

Average Sale Price

$471,807

$434,000

$428,000

$475,000

26

37

32

69

Days on Market

80 70 60 50 40 30 20 10 0

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


TUSTIN Single Family Residence

TUSTIN Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

90

95

66

97

39

33

30

35

Sold Inventory

44

31

17

26

Average Sale Price

$764,160

$734,771

$716,906

$812,629

66

50

67

32

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

120 100 80 60 40 20 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


VILLA PARK Single Family Residence

VILLA PARK Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

22

30

23

32

13

9

8

5

Sold Inventory

6

4

2

4

Average Sale Price

$1,620,500

$1,317,750

$900,500

$1,236,875

103

110

86

67

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

120 100 80 60 40 20 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


WESTMINSTER Single Family Residence

WESTMINSTER Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

57

76

47

74

52

36

45

28

Sold Inventory

33

41

21

27

Average Sale Price

$551,170

$595,776

$546,333

$625,931

47

55

63

49

Days on Market

80 70 60 50 40 30 20 10 0

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


YORBA LINDA Single Family Residence

YORBA LINDA Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

209

223

144

210

91

63

52

47

Sold Inventory

84

59

41

45

Average Sale Price

$808,407

$943,366

$873,695

$935,769

85

75

75

80

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

240 200 160 120 80 40 0

12 Months Ago

6 Months Ago

Orange County Market Report | MARCH 2016

3 Months Ago

Last Month


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