Justin Tye

Orange, CA

Single-Family Homes

Active Realty I REAL



Orange, CA

Thu Jun 20 2024
This week the median list price for Orange, CA is $1,496,500 with the market action index hovering around 77. This is less than last month's market action index of 81. Inventory has increased to 54. Click here to stay informed with the Orange market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Orange, CA

Thu Jun 20 2024
This week the median list price for Orange, CA is $1,496,500 with the market action index hovering around 77. This is less than last month's market action index of 81. Inventory has increased to 54. Click here to stay informed with the Orange market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Orange market.
Median List Price $1,496,500
Median Price of New Listings $1,249,000
Per Square Foot $669
Average Days on Market 40
Median Days on Market 14
Price Decreased 31%
Price Increased 7%
Relisted 2%
Inventory 54
Median Rent
Market Action 77
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,780,000 3,560 0.5 - 1 acre 4 4 47 2 0 49
$1,685,000 2,783 8,000 - 10,000 sqft 4 3 51 4 2 21
$1,363,500 2,181 6,500 - 8,000 sqft 4 3 60 5 7 14
$1,022,500 1,307 4,500 - 6,500 sqft 3 2 65 6 6 10