Housing Market in Orange County, CA
Presentation by Joe Long
09/28/2021
Resident Population in Orange County, CA (CAORAN7POP)
| date | population |
|---|---|
| 2010-01-01 | 3016 |
| 2011-01-01 | 3050 |
| 2012-01-01 | 3079 |
| 2014-01-01 | 3127 |
| 2015-01-01 | 3149 |
| 2016-01-01 | 3164 |
| 2017-01-01 | 3174 |
| 2018-01-01 | 3176 |
| 2019-01-01 | 3171 |
| 2020-01-01 | 3167 |
Housing Markets in Orange County During COVID19 Pandemic
CAORAN7POP
Data source : Realtor.com & FRED Federal Reserve
Series title: Orange County
Unemployment Rate
| date | UNEMPLOYMENT |
|---|---|
| 2020-10-01 | 8.2 |
| 2020-11-01 | 6.6 |
| 2020-12-01 | 7.4 |
| 2021-01-01 | 7.3 |
| 2021-02-01 | 6.7 |
| 2021-03-01 | 6.3 |
| 2021-04-01 | 6.2 |
| 2021-05-01 | 5.8 |
| 2021-06-01 | 6.5 |
| 2021-07-01 | 6.3 |
Total Listing & Pending Count
Active Listing Count
Housing Inventory: Active Listing Count in Orange County, CA (ACTLISCOU6059)
| date | value |
|---|---|
| 2020-11-01 | 3795 |
| 2020-12-01 | 3074 |
| 2021-01-01 | 2631 |
| 2021-02-01 | 2497 |
| 2021-03-01 | 2425 |
| 2021-04-01 | 2407 |
| 2021-05-01 | 2330 |
| 2021-06-01 | 2344 |
| 2021-07-01 | 2551 |
| 2021-08-01 | 2538 |
Average Listing Price
- “Average” or “Mean” refers to the sum of a group of values divided by the count of values
- Each month, thousands of houses are on the markets
- Different mixture of housing products each months
| date | value |
|---|---|
| 2020-11-01 | 1792563 |
| 2020-12-01 | 1892608 |
| 2021-01-01 | 2203744 |
| 2021-02-01 | 2308423 |
| 2021-03-01 | 2314456 |
| 2021-04-01 | 2218491 |
| 2021-05-01 | 2053077 |
| 2021-06-01 | 2061252 |
| 2021-07-01 | 2042429 |
| 2021-08-01 | 2024663 |
Median Listing Price
- The MEDIAN is the middle point in a dataset
- Half of the data points are smaller than the median and half of the data points are larger
- Caution
- Each month, thousands of houses are on the markets
- Different mixture of housing products each months
Median Listing Price Table
| date | value |
|---|---|
| 2021-03-01 | 1119500 |
| 2021-04-01 | 1034392 |
| 2021-05-01 | 966500 |
| 2021-06-01 | 970000 |
| 2021-07-01 | 970000 |
| 2021-08-01 | 954950 |
Average listing view count on realtor.com
| date | value |
|---|---|
| 2021-03-01 | 15.03 |
| 2021-04-01 | 15.54 |
| 2021-05-01 | 15.79 |
| 2021-06-01 | 17.06 |
| 2021-07-01 | 15.03 |
| 2021-08-01 | 16.36 |
## Warning: Removed 13 row(s) containing missing values (geom_path).## Warning: Removed 1 rows containing missing values (geom_hline).## Warning: Removed 62 rows containing missing values (geom_text).
Median Days on Market
| date | value |
|---|---|
| 2020-09-01 | 41.0 |
| 2020-10-01 | 40.0 |
| 2020-11-01 | 45.0 |
| 2020-12-01 | 53.0 |
| 2021-01-01 | 52.0 |
| 2021-02-01 | 34.0 |
| 2021-03-01 | 28.0 |
| 2021-04-01 | 29.0 |
| 2021-05-01 | 32.0 |
| 2021-06-01 | 31.0 |
| 2021-07-01 | 28.0 |
| 2021-08-01 | 31.5 |
Median Home Size in Square Feet
Pending Listing Count
Price Reduced Count
Price Increased Count
