Скачать или смотреть OC Real Estate Marketplace Update - June 2025

Each month I do a general overview of the OC real estate market, but at the end of the year I do a recap of the year, including evaluating how the previous year's forecasts fared. And then a forecast for the upcoming year.

Summary:
• INTEREST RATES: Over the month rates dropped from 6.89% to 6.77% - continuing the several-month trend of fairly flat rates
• EXPECTED MARKET TIME: 91 days across the county - a balanced market. This is substantially higher then the previous 3 years and the 2017-2019 Pre-Covid average.
• SUPPLY/INVENTORY: Inventory up 6% and the highest level since June 2020. Last year there were 38% fewer homes on the market. Interesting: double the number of homes pulled from the market compared to last year.
• DEMAND/SALES: Just less than a 1% drop in sales, the identical numbers to last year.
• BY PRICE: Above $2.5 (the top 10% of homes), inventory was up just under 2% and sales decreased by just over 3%. In every single price category - except for homes over $6 million, the market softened. There are no longer any price ranges that are a hot seller's market - last year this time everything under $2 million was hot for sellers.

Michael Hausam is a licensed Real Estate Broker (BRE #1319560) and Mortgage Loan Originator (NMLS # 1577195). He's been a resident of Orange County, CA since 1990, he funded his first mortgage loan in 1991, has had a B-1 general contractors license since 2005, and he has had his real estate license for over 21 years.

Thank you,

Michael Hausam

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