As reported in the OC Register, 11/6/10

Orange County home sales are dropping in every corner. For the 22 business days ending October 15 – freshest numbers from DataQuick — our region-by-region analysis of homebuying shows Orange County slices up geographically speaking this way …

  • DataQuick identified 634 homes selling in Orange County’s north-inland ZIP codes in this most recent period, down 13% from a year ago. Median selling price? $500,000 in these 22 ZIPs. This most recent median price change was +2.9% vs. a year ago.
  • Mid-county ZIPs — median selling price $342,750 – had 728 sales, down 24% from a year ago. In these 25 ZIPs, the median price change was flat vs. a year ago.
  • Combined, total homes sales in ZIPs in the north and mid-section of Orange County were down 19% vs. a year ago as homebuying the rest of the county ran down 11.4% vs. 12 months earlier.
  • North/mid-county homes accounted for 54% of residences sold in the most recent period vs. 56% a year ago.
  • 459 homes sold in beach cities’ 17 ZIP codes in the most recent period, down 8% from a year ago. Median selling price? $687,500 in these 17 ZIPs. Newest median price change was off 6.3% vs. a year ago.
  • South inland ZIPs — median selling price $488,750 – had 710 sales, down 13% from a year ago. In these 19 ZIPs, the latest median price change was off 4.2% vs. a year ago.
  • All told, countywide sales were down 15% vs. a year ago. The median selling price was up just 1% in the past year.

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