- calendar_month August 3, 2024
- folder Current Real Estate, Industry, Local news, RE News
Sharing Tags
2024, Absorption Rate, Anaheim, Buena Park, California, California Housing Market, California Real Estate, Current Real Estate, Cypress, Huntington Beach, Janie Bruce real estate insights, Lakewood, Long Beach, Los Alamitos, Los Angeles County, Orange County, Orange County real estate, Rossmoor, Seal Beach, Spring Cleaning
Below are July 2024 single-family home sale statistics. This market's healthier than you think.
The areas covered include Rossmoor, Los Alamitos, Seal Beach, Huntington Beach, Anaheim, Buena Park, Cypress and Long Beach. The month of July has brought some interesting changes in the housing sales activity. Despite the spring season typically is a time of increased home-buying activity, inventory remains low in most cases and the Feds announcement of unchanged interest rates. As a result, sales have been half of what they were last year at this time. However, prices in most cases have gone up, indicating a strong seller's market. This trend may be driven by the increasing number of people moving to the region, attracted by its natural beauty, schools, and relatively affordable prices compared to more urban areas of California.
Overall, Los Alamitos, Rossmoor, Seal Beach, Anaheim, Buena Park, Cypress, Huntington Beach, Lakewood, and Long Beach is experiencing an interesting mix of market conditions, with low inventory and rising prices. The upcoming "New Californians Dream For All" program is expected to further drive demand and increase prices. It remains to be seen how these trends will develop over time, but it's an excellent time for sellers to consider listing their homes.
See for yourself:
I'm just a call away 714.310.4982
Popular Articles you may enjoy: https://janie.jhagents.com/blog
Professionals: https://janie.jhagents.com/vendors
I am just a call or text away if you need anything.
"Plan for what is difficult when it's easy, do what is great while it's small. The most difficult things in the world are done when they are easy, the greatest things in the world are done when they are still small". - Sun Tzu