As of October 2017, the median house price in Orange Country rose significantly compared to the same time last year. Though Orange County has the smallest hike in SoCal at 4.8 percent compared 8.1 percent in Los Angeles and 7.5 percent in Riverside, the median house price is the highest at $786,000.
With very low inventory on the market, we're seeing sales stymie as affordability becomes more and more out of range. Statewide the number of listings has dropped 11.5 percent from the same time last year, declining at a rate of more than 10 percent per month since the beginning of 2017. In fact, every country in the state of California, with the exception of San Bernardino, has fewer listings than this time last year.
Unsold inventory rates have dropped as less homes on the market have equated to quicker purchases. Buyers are jumping on what's available, reducing number of days on market and further pushing up home prices throughout California.
With seven consecutive years of five-star status in Orange Coast Magazine, The Kurt Real Estate Group is among the elite. No matter where they’ve gone, they’ve set record sales. Whether you’re a buyer, seller, or investor, Kurt and his team work diligently, honestly, and with the utmost professionalism and are passionate about helping you achieve your real estate goals.
Kurt is ranked among the top two percent of Coldwell Banker agents nationwide. Kurt’s experience investing in and flipping homes and his connections with the Hollywood Film Industry give him an unparalleled edge and keen insight into market trends. The opportunity presented to you in working with Kurt is why The Kurt Real Estate Group is recognized as one of the top real estate teams in Orange County.
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"Kurt is an extremely attentive and effective Realtor who helped me and and wife find the perfect home. We looked at just under 100 houses in 6 or 7 different neighborhoods for three months. We're talking weekends, weekdays, mornings, evenings... We were often looking morning to evening!
I found it hard when my wife and I didn't agree but Kurt didn't give up...Read more on Yelp