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Here's What's Happening In The Market, Here’s What This Means For You

Study: California has most tenants per apartment unit https://link.socalmultifamilybroker.com/Bn_U

LA Apartment Owners Want To Sell, But Offers Aren't Matching Expectations https://link.socalmultifamilybroker.com/BqR4

Consumer confidence in housing finally rises, thanks to falling home prices https://link.socalmultifamilybroker.com/BpPU

Multifamily Investors Face the New Year Concerned About Capital, Values https://link.socalmultifamilybroker.com/BpPl

New Apartment Demand 'All But Evaporated' https://link.socalmultifamilybroker.com/BpPq

Inland Empire homebuying tumbles 45% as payments jumped by 50%-plus https://link.socalmultifamilybroker.com/BqR2

Inflation Rate Slows Further in December, Yet Fed Remains Committed to Rate Hikes https://link.socalmultifamilybroker.com/Bw41

US CEOs Are Fretting Over Inflation, Recession Fears https://link.socalmultifamilybroker.com/Bw42

US real estate market in ‘big trouble,' expert warns https://link.socalmultifamilybroker.com/BwAU

Orange County

4
Closed Sales Last Week
120
Closed Sales - Average Days on Market
$1,688,500
Closed Sales - Average Sales Price
1
Transactions Sold At or Above Asking Price
2
Financed Transactions Last Week
2
All Cash Transactions Last Week
4
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week
11
New Listings Last Week
7
Months of Inventory
158
Total Number of Active Listings
$514,729,786
Active Listings, Dollar Volume
2
Active Under Contract Last Week
3
Pending Listings Last Week
2
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Absorption Rate: 6.29 months
Avg. Cap Rate: 4.47%
Avg. Gross Rent Multiplier: 14.88

Live MLS Link PDF Link


Southern California

0
Closed Sales Last Week
0
Closed Sales - Average Days on Market
0
Closed Sales - Average Sales Price
0
Transactions Sold At or Above Asking Price
0
Financed Transactions Last Week
0
All Cash Transactions Last Week
0
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week
6
New Listings Last Week
10
Months of Inventory
80
Total Number of Active Listings
$218,993,286
Active Listings, Dollar Volume
1
Active Under Contract Last Week
2
Pending Listings Last Week
1
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Absorption Rate: 7.25 months
Avg. Cap Rate: 4.63%
Avg. Gross Rent Multiplier: 14.28