Los Angeles County vs Orange County, 2018-2021

Five facts why home prices have risen in 20-21

1- Low housing supply and high demand will continue to fuel the housing market in 2021

2- Record-low mortgage rates

3- Orange and Los Angeles counties hit record numbers in luxury home sales in 2020 despite the pandemic

4- Median home price in Los Angeles and Orange counties have jumped by more than 11% year over year

5- With many employers embracing work from home, expect some employees to rethink their living situation and move to larger homes

Call for other local market reports. Please contact me by phone, text or email.

Source: CRMLS, California Regional Multiple Listing Service, Inc.