Update on Orange County Housing Market

by Ryan Christensen 04/17/2023

This week the median list price for Orange County, CA is $1,692,495 with the market action index hovering around 55. This is an increase over last month's market action index of 51. Inventory has held steady at or around 1,376.

Market Action Index

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

Anaheim, CA
Single-Family Homes

This week the median list price for Anaheim, CA is $958,800 with the market action index hovering around 60. This is an increase over last month's market action index of 54. Inventory has decreased to 85.

Market Action Index

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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Brea, CA
Single-Family Homes

This week the median list price for Brea, CA is $1,170,000 with the market action index hovering around 66. This is an increase over last month's market action index of 63. Inventory has increased to 16.

Market Action Index

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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Buena Park, CA
Single-Family Homes

This week the median list price for Buena Park, CA is $901,500 with the market action index hovering around 74. This is an increase over last month's market action index of 66. Inventory has decreased to 14.

Market Action Index

This answers "How's the Market? by comparing rate of sales versus inventory.

Fullerton, CA
Single-Family Homes

This week the median list price for Fullerton, CA is $1,400,000 with the market action index hovering around 74. This is an increase over last month's market action index of 71. Inventory has increased to 39.

Market Action Index

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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

La Habra, CA
Single-Family Homes

This week the median list price for La Habra, CA is $1,049,499 with the market action index hovering around 67. This is an increase over last month's market action index of 58. Inventory has held steady at or around 16.

Market Action Index

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

La Habra Heights, CA
Single-Family Homes

This week the median list price for La Habra Heights, CA is $1,890,000 with the market action index hovering around 43. This is less than last month's market action index of 48. Inventory has increased to 9.

Market Action Index

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

The market has started cooling and prices have recently plateaued. 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.

Placentia, CA
Single-Family Homes

This week the median list price for Placentia, CA is $1,100,000 with the market action index hovering around 74. This is an increase over last month's market action index of 60. Inventory has decreased to 9.

Market Action Index

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

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Yorba Linda, CA
Single-Family Homes

This week the median list price for Yorba Linda, CA is $1,549,000 with the market action index hovering around 63. This is an increase over last month's market action index of 56. Inventory has decreased to 41.

Market Action Index

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

Source: First American Title

About the Author

Ryan Christensen

Responsive, Responsible and Resourceful - How Real Estate Should Be. This is the foundation of our continued success: responsive service, providing accurate and timely information, and demystifying the process. 100% of my business is referral based because I listen to my clients' needs and exceed their expectations. As a full-time real estate broker, I am the best advocate for both my buyers and sellers. I am always available, regardless of the time of day.

Being a native Southern Californian is a tremendous advantage. I know the area. Time is more valuable than money, but neither can be wasted. And, I'm a fan of hard work. My clients can enjoy their home buying and/or selling experience because I provide a trusting, focused, straightforward approach. I look forward to helping you achieve your goals and find joy in homeownership.

I am both a licensed Real Estate and Mortgage Broker. Others choose to concentrate on one or the other. I provide a higher level of service and expertise than those who do not obtain this dual skill set, which differentiates me from other service providers. My decisions and advice are based solely on what is in the best interest of my clients. I use Real Estate Sales as a tool to make sure my clients get the home that meets or exceeds their needs. As a Mortgage Broker, I search for the best loans so I can offer lower rates and pricing than my financing competition. This certainly IS in the client's best interest.