Wednesday, February 16, 2011

Orange County Real Estate - January 2011 Home Sales

OC Home Sales January 2011 

Orange County real estate markets had 1,757 homes resold during January 2011.

(This is almost the same number as January last year according to resales data from Southern California Multiple Listing Service).

925 homes (or 52.6% were regular equity sales).

478 homes (or 27% of he market) were short sales.  354 homes (or 20% of market) re bank owned REOs. Orange County real estate

DataQuick Information Systems (tracking county-recorded home sales of all types, including new homes and foreclosure auction trustee sales) said that sellers closed 1,929 transactions during January 2011 (up 3.3% from January 2010). 
 
So 171 Orange County homes were sold during January 2011 (8.8% of all sales) that were not reported on the MLS, including new homes and foreclosure auction trustee sales.  
   
Same time last year

 OC Home sold January 2010

1761 Orange County homes were resold last year during January 2010.

(This is amazingly close to same number sold compared to this year during January 2011 - according to Southern California Multiple Listing Service)

971 homes (or 55% of market) were regular equity sales.

497 homes (or 28.2% of market) were bank owned REOs.  293 homes (or 16.6% of market) were short sales.

Realtors and agents here at Orange County are cautiously optimistic about possible home sale market improvement and recognize that buyers are thinking about the economy and jobs.

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If you are interested to discuss selling, buying, or investing in homes and real estate at Orange County, California, please contact us.  Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, GRI, Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com (email) - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs®.

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Thanks for contacting us about listing and sale of homes and properties at Orange County, California. 

Posted via email from Explore OC Homes

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