The low inventory market conditions continue into May in Orange County real estate - inventory is up only 2% in the last two weeks bringing our total current number of homes for sale up to 5,387
The active inventory has not been growing as fast as it had a month ago, but it is still on the rise. The inventory added an additional 124 homes in the past two-weeks, a 2% increase, and now sits at 5,387, levels not reached since last November. For this time of year, the inventory is at its lowest level since 2013. From here, we can expect the active inventory to continue to increase through mid-August where it will peak.
I'm Leslie Eskildsen, Realtor.
Email me. Leslie@MyMVHome.com
Helping you make the right move in Mission Viejo, Coto de Caza, Rancho Santa Margarita, Irvine, Laguna Niguel, Laguna Hills, San Juan Capistrano, San Clemente, Laguna Beach, Newport Beach, Dana Point, Corona Del Mar, and other Orange County communities.