Orange County Real Estate Market Update | May 2016

Page 1

MAY 2016


TABLE OF CONTENTS Orange County Market Report MAY 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

57

35

47

66

33

22

32

20

Sold Inventory

30

13

17

28

Average Sale Price

$738,072

$786,692

$832,035

$826,854

39

76

68

69

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 | MAY 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

210

168

198

280

176

123

175

100

Sold Inventory

114

82

84

112

Average Sale Price

$496,665

$504,262

$511,126

$564,919

56

60

70

65

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

300 240 180 120 60 0

12 Months Ago

6 Months Ago

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

138

81

92

141

69

57

87

29

Sold Inventory

51

37

47

47

Average Sale Price

$773,216

$734,441

$818,741

$866,638

60

60

54

54

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

150 120 90 60 30 0

12 Months Ago

6 Months Ago

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

76

61

49

97

79

29

51

33

Sold Inventory

49

31

29

27

Average Sale Price

$745,082

$740,293

$647,605

$750,822

69

57

65

59

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 | MAY 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

103

68

66

102

71

49

77

45

Sold Inventory

59

34

53

33

Average Sale Price

$590,965

$520,944

$521,394

$554,255

57

57

63

38

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 | MAY 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

86

71

72

81

14

16

12

10

Sold Inventory

15

12

11

11

Average Sale Price

$3,452,600

$2,796,000

$3,867,045

$3,017,910

68

159

106

85

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 | MAY 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

137

94

119

147

68

41

70

33

Sold Inventory

57

47

50

52

Average Sale Price

$798,600

$850,393

$839,133

$758,022

60

70

74

52

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 | MAY 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

114

81

113

159

25

24

34

19

Sold Inventory

20

15

17

28

Average Sale Price

$1,255,106

$1,204,093

$1,411,158

$1,253,620

112

105

126

92

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

200 160 120 80 40 0

12 Months Ago

6 Months Ago

Orange County Market Report | MAY 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

51

45

48

58

36

25

37

33

Sold Inventory

37

27

23

33

Average Sale Price

$642,120

$630,337

$631,478

$639,236

38

83

50

58

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 | MAY 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

159

103

137

179

52

35

43

14

Sold Inventory

29

21

19

32

Average Sale Price

$1,194,821

$1,435,300

$2,156,579

$1,586,056

91

96

126

83

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

200 160 120 80 40 0

12 Months Ago

6 Months Ago

Orange County Market Report | MAY 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

65

42

40

61

46

25

42

26

Sold Inventory

22

21

27

30

Average Sale Price

$709,313

$690,781

$750,498

$764,723

45

42

46

51

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 | MAY 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

218

161

167

257

132

72

93

63

Sold Inventory

92

72

80

78

Average Sale Price

$683,739

$708,791

$699,813

$678,166

52

83

58

64

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 | MAY 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

120

108

115

183

100

72

91

69

Sold Inventory

70

67

60

48

Average Sale Price

$540,338

$528,775

$537,567

$577,131

48

66

45

39

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

200 160 120 80 40 0

12 Months Ago

6 Months Ago

Orange County Market Report | MAY 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

307

204

241

389

165

123

155

57

Sold Inventory

130

106

104

94

Average Sale Price

$1,043,279

$1,026,355

$931,086

$936,036

80

87

78

91

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

480 400 320 240 160 80 0

12 Months Ago

6 Months Ago

Orange County Market Report | MAY 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

337

211

258

406

156

102

117

75

Sold Inventory

103

80

94

84

Average Sale Price

$1,213,391

$1,137,002

$1,214,013

$1,362,814

60

86

72

74

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

480 400 320 240 160 80 0

12 Months Ago

6 Months Ago

Orange County Market Report | MAY 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

82

62

68

93

65

36

44

32

Sold Inventory

32

32

31

34

Average Sale Price

$564,159

$565,398

$587,290

$527,890

75

74

41

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 | MAY 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

19

13

14

21

18

9

12

8

Sold Inventory

7

9

5

8

Average Sale Price

$662,143

$657,556

$587,500

$606,875

64

41

60

61

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 | MAY 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

111

57

78

134

55

26

56

8

Sold Inventory

40

26

23

34

Average Sale Price

$1,040,685

$1,110,400

$911,030

$1,056,497

88

101

52

52

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 | MAY 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

245

169

208

261

45

31

39

13

Sold Inventory

24

31

28

31

Average Sale Price

$2,590,640

$2,236,403

$3,275,697

$2,542,045

105

118

152

99

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

280 240 200 160 120 80 40 0

12 Months Ago

6 Months Ago

Orange County Market Report | MAY 2016

3 Months Ago

Last Month


LAGUNA HILLS Single Family Residence

LAGUNA HILLS Â

12 Months Ago 6 Months Ago

Active Inventory Pending Inventory

Single Family Residence

3 Months Ago

Last Month

116

65

92

126

25

24

38

10

Sold Inventory

21

27

21

25

Average Sale Price

$954,224

$1,110,266

$1,158,500

$940,380

84

92

124

95

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 | MAY 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

232

124

182

262

89

49

83

37

Sold Inventory

71

45

67

53

Average Sale Price

$1,148,975

$923,356

$1,035,718

$1,090,321

96

92

68

63

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

280 240 200 160 120 80 40 0

12 Months Ago

6 Months Ago

Orange County Market Report | MAY 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

112

73

109

137

90

51

97

49

Sold Inventory

67

51

57

67

Average Sale Price

$700,122

$704,473

$701,133

$704,314

56

83

53

57

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 | MAY 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

10

5

8

14

8

5

9

4

Sold Inventory

9

7

6

6

Average Sale Price

$790,833

$772,057

$780,770

$683,833

53

81

16

84

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 | MAY 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

219

135

162

283

127

92

123

51

Sold Inventory

123

100

87

111

Average Sale Price

$695,528

$726,418

$684,786

$691,842

65

79

75

56

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 | MAY 2016

3 Months Ago

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

284

200

268

377

79

65

80

26

Sold Inventory

75

46

53

42

Average Sale Price

$2,396,426

$2,286,766

$2,181,571

$2,764,325

87

102

102

66

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

420 360 300 240 180 120 60 0

12 Months Ago

6 Months Ago

Orange County Market Report | MAY 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

72

65

84

103

7

9

17

16

Sold Inventory

11

14

16

10

Average Sale Price

$5,809,773

$6,019,424

$2,317,618

$4,021,000

128

92

105

84

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 | MAY 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

110

65

81

119

30

33

48

16

Sold Inventory

31

22

28

39

Average Sale Price

$1,105,830

$1,032,778

$1,002,071

$998,616

85

105

70

49

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 | MAY 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

221

143

154

262

125

70

109

60

Sold Inventory

85

66

70

77

Average Sale Price

$699,792

$741,909

$692,339

$755,097

57

81

84

69

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 | MAY 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

5

1

2

4

1

1

1

0

Sold Inventory

0

1

0

1

Average Sale Price

N/A

$640,000

N/A

$935,000

0

92

0

19

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 | MAY 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

82

43

48

77

52

28

54

28

Sold Inventory

44

25

24

26

Average Sale Price

$642,677

$604,960

$660,879

$682,250

44

70

74

77

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 | MAY 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

120

62

75

143

71

41

57

25

Sold Inventory

50

43

39

49

Average Sale Price

$706,104

$713,684

$692,628

$753,153

50

98

72

46

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 | MAY 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

255

179

240

352

72

60

124

48

Sold Inventory

74

52

51

79

Average Sale Price

$924,382

$1,085,662

$1,115,704

$1,075,274

67

84

102

82

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

400 320 240 160 80 0

12 Months Ago

6 Months Ago

Orange County Market Report | MAY 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

124

99

126

180

42

26

35

16

Sold Inventory

22

16

31

29

Average Sale Price

$1,120,841

$1,071,556

$953,780

$1,044,182

94

136

88

72

Days on Market

Active Inventory

Pending Inventory

Sold Inventory

Days on Market

200 160 120 80 40 0

12 Months Ago

6 Months Ago

Orange County Market Report | MAY 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

214

201

194

255

125

103

119

98

Sold Inventory

76

73

76

63

Average Sale Price

$508,892

$546,869

$534,684

$548,900

61

54

65

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 | MAY 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

24

20

31

41

17

6

12

6

Sold Inventory

9

10

3

11

Average Sale Price

$899,778

$1,070,400

$868,333

$932,207

31

74

19

58

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 | MAY 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

15

10

12

15

5

14

11

Sold Inventory

11

4

7

5

Average Sale Price

$443,173

$461,750

$498,361

$452,755

48

62

62

21

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 | MAY 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

84

56

77

114

47

28

53

21

Sold Inventory

36

26

37

33

Average Sale Price

$827,561

$830,615

$848,507

$876,917

44

83

42

60

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 | MAY 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

33

17

32

35

5

10

9

4

Sold Inventory

6

9

4

4

Average Sale Price

$1,829,058

$1,072,222

$1,236,875

$1,534,375

86

129

67

123

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 | MAY 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

76

60

62

74

46

41

42

36

Sold Inventory

47

44

28

39

Average Sale Price

$571,452

$586,749

$623,219

$625,487

45

59

50

40

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 | MAY 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

232

161

176

253

101

58

85

61

Sold Inventory

76

55

49

67

Average Sale Price

$967,882

$938,068

$945,129

$895,984

90

76

80

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

Orange County Market Report | MAY 2016

3 Months Ago

Last Month


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Orange County Market Report | MAY 2016

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