The OC housing Fight Goes On: Supply vs. Demand | Weekly Trend Forecast | Ep. 5

The OC Housing Fight Goes On: Supply vs. Demand | Weekly Trend Forecast | Ep. 5

As we roll into November, it’s that time of year when most of us are focusing on family, holiday plans, and hoping that next year will be the year. But the Orange County real estate market has different ideas. In this episode, we’re diving into the ongoing supply vs. demand battle and how it’s shaping up heading into 2024.

In “The OC Fight Goes On,” I, Nathan Necochea, break down the latest data from Altos Research. Think of this video as your ringside seat, complete with knock-down-drag-out stats: the Market Action Index, Days on Market, price adjustments, relisted homes, and the current inventory levels. Who’s winning? Sellers still seem to have the upper hand, but there’s a surprising twist in buyer demand that could shake things up.

📉 Key stats covered:

Market Action Index – Holding steady, but still a seller’s market
Days on Market – Median vs. average: which one shows true buyer interest?
Price Decreases – Why the 33% rate tells us we’re still in a balanced zone
Inventory Levels – How 386 homes absorbed vs. 259 new listings tells the story
Demand Across Market Segments – See which price ranges are moving fast
Whether you’re considering listing your home or you’re in the market to buy, this episode breaks down what it means to take action in a market that doesn’t wait for anyone. Comment below who you think is winning this fight and let me know which Orange County city you'd like to see added to our Weekly Trend Forecast (WTF) series!

👉 Don’t forget to like, comment, and subscribe for more real-time Orange County market updates and stay informed on what’s happening in your local market.

Start your real estate journey HERE ➡️ https://nathannecochea.com/

Let's chat! Schedule a no obligation seller, buyer or market consultation with me HERE ➡️ https://calendly.com/necochea-33/30min

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🤝Schedule a NO obligation SELLER, BUYER or MARKET consultation here: ➥https://calendly.com/necochea-33/30min
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Question - Which Orange County Markets (cities or neighborhoods) are you most interested in following?

Disclaimer: This video is NOT sponsored.

⏰ Timecodes ⏰
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