As posted in the OC REGISTER
Home sales and selling prices are rising in many parts of the county. For the 22 business days ending June 24 – DataQuick’s freshest stats — Orange County homebuying patterns showed:
- 50 of O.C.’s 83 ZIP codes had gains in their respective median selling price. Overall, prices were +4.0% vs. a year ago.
- Taking sales volume in consideration, home pricing is up in ZIPs representing 66% of the Orange County market.
- 8 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 -31% drop in the countywide median price!
- 48 of 83 O.C. ZIPs had year-over-year sales gains in the period.
- Overall, countywide sales were +11.6% vs. a year ago.
- 4 of 83 O.C. ZIPs has sales gains of 100% or more in the period.
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