The Orange County housing market in late 2024 shows rising median sale prices and increased home sales, with attached homes up 9.5% and detached homes up 33.3% year-over-year. Despite a slight 0.7% decrease in attached home prices, detached homes have risen by 5.9%. Inventory remains low at 2.4 months, indicating a seller's market. Homes are selling quickly, averaging 29 days for attached and 32 days for detached. The market is expected to remain competitive into 2025, with potential for more balanced conditions and moderating price growth.
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