Orange County Lowest Inventory Since 2005
May 5, 2009 by admin
Filed under Positive Real Estate
From Lasner:
- Demand, the number of new pending sales over the prior month, totals 3,632 — highest since August 2005.
- Active listing inventory dropped 198 homes in two weeks to 10,363 — lowest since April 2006.
- Market time — how long current supply would take to sell at current buying pace — is 2.85 months, lowest since October 2005.
