48% of Orange County's zip codes have seen a slight gain in median price while

61% of Orange County zip codes had sales gains compared to last year.

For October – DataQuick’s freshest stats — Orange County homebuying patterns showed:

  • 40 of O.C.’s 83 ZIP codes had gains in their respective median selling price. Overall, prices were +3.9% vs. a year ago.
  • 5 of 83 O.C. ZIPs had median sales prices above $1 million in the period vs. 11 million-dollar ZIPs when the county median price peaked in June 2007.
  • Since that pricing pinnacle, there’s been a -32% drop in the countywide median price!
  • 51 of 83 O.C. ZIPs had year-over-year sales gains in the period.
  • Overall, countywide sales were -1.2% vs. a year ago.
  • That means that the 15-month O.C. homebuying surge has ended!
  • 4 of 83 O.C. ZIPs has sales gains of 100% or more in the period.
  • NOTE! 25 local ZIPs had both sales gains and price gains in the period. (Highlighted in green below!)
  • For a detailed report on the price moves, CLICK HERE!

Here’s a look at the 83 ZIPs and how they fared in terms of median selling price and total sales for this period: Read the rest of this entry »