Orange County real estate market March 2021 is red hot. It is currently a seller’s market with limited inventories of single family homes and condos for sale.
Let’s look at the numbers to get some insights into the Orange County real estate marketplace before you search on our website for a house or condo today.
Orange County Real Estate Market March 2021 Summary
This is an overall view of the county. Of course, pricing for each city will vary.
Orange County Homes Trends for March 2021
County Wide, there are 2,296 active listings of houses for sale. That is down by 37.1% from 2020 when we had 3,653 Orange County houses for sale. And in 2019, there were 5,004 homes.
The trend of less inventory creates a sellers market.
- Average selling price of Orange County Houses was $1,362,532. Up 17.80% from March 2020.
- Average days on market until a house received an offer is 27. That is down 42.6% from March 2020 when it took 47 days.
- Average price per square foot is $570.00
- Percentage of the Listed Price that Orange County homes are selling for is 100.90% (that’s over full price)
Orange County Condos Market in 2021
County Wide, there are 914 active listings of condos for sale. That is down by 31.60% from 2020 when we had 1,336 Orange County condos for sale. And in 2019, there were 1,892 condos.
The trend of less inventory creates a sellers market.
- Average selling price of Orange County Condos was $663,571. Up 11% from March 2020.
- Average days on market until a house received an offer is 28. That is down 34.90% from March 2020 when it took 43 days.
- Average price per square foot is $497.00
- Percentage of the Listed Price that Orange County condominiums are selling for is 100.30% (that’s over full price)
Tell Us About Your Orange County Real Estate Plans and Perhaps We can help.
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