Housing Market Update: May 2016

oc-housing-stats-with-text

Single Family Homes:                                                                    Click HERE for Infographic

  • Median Price: $735,910 which is a 0.2% increase over last month and 2.5% increase over May of last year
  • Home Sales: Up 4.3% over last year and up 9.7% over last month
  • Unsold Inventory: 3.6 Months which is down 3.8% over last month and down 0.2% over May of last year
  • Median Time on Market: 49 days which is up 1.6% over last month and up 1.0% over May of last year

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