The Orange County Real Estate Market Report for August 2020 shows that the market is rebounding from the coronavirus quarantine, and creating a hot seller’s market. The median sale price of single-family homes has risen 12.73% year-over-year up to $918,800 across Orange County, and active inventory has declined 17.37% in the past year.
If you are considering a home sale, now’s the smartest time to do it so that you can sell for top dollar and secure a record-low mortgage rate on your next dream home. Step 1: Find out how COVID has changed your home’s value. Step 2: Review the full report on homes for sale in Orange County to find out how your city specifically is rebounding from coronavirus. Step 3: List your home with a knowledgable First Team agent.
The Orange County real estate market is always changing and evolving, especially during the COVID-19 outbreak. Stay on top of real estate market changes and updates by working with a First Team agent in your area.