Market Trends Newsletter

Orange County's Latest Home Sales

Community Zip Prev. 4 weeks % Change from 07 Prev. 4 weeks % Change from 07
Aliso Viejo 92656 $437,500 -12.50% 71 -25.30%
Dana Point 92629 - 92624 $735,000 -42.40% 3 -57.10%
Irvine 92602 - 92620 $594,750 -14.76% 168 -20.04%
Ladera Ranch 92694 $665,000 -16.90% 33 -47.60%
Laguna Beach 92651 $1,500,000 -1.00% 19 -56.80%
Laguna Hills 92653 $438,000 -31.50% 38 8.60%
Laguna Niguel 92677 $625,000 -15.00% 90 -3.20%
Lake Forest 92630 $446,000 -25.30% 50 -5.70%
Mission Viejo 92691 - 92692 $530,000 -15.95% 91 -21.40%
Newport Beach 92660 & 92663 $1,137,500 -21.80% 39 -48.40%
Rancho Santa Margarita 92688 $449,500 -17.50% 53 -19.70%
San Clemente 92672 - 92673 $783,000 -6.80% 70 -23.80%
San Juan Capistrano 92675 $475,000 -26.90% 24 -40.00%  
             

For the 22 buisness days ending June 16.

Single Family Residence
 Time Period Number of Sales Median Sale Price 
 Dec 2008 1,552 $449,000 
 Dec 2007 1,065 $639,000 
 Nov 2008 1,364 $450,000 
 Nov 2007 916 $675,000 
 2008 YTD 17,131 $515,000 
 2007 15,557 $700,000 
 Condominium
 Time Period Number of Sales Median Sale Price 
 Dec 2008 700 $315,000 
 Dec 2007 409 $420,000 
 Nov 2008 620 $327,250 
 Nov 2007 517 $436,000 
 2008 YTD 7,764 $353,000 
 2007 8,406 $460,000 

California's March Market Update for 2009

 

The California market has really picked up here in the beginning of 2009.  California Existing Home Sales are up over 100% over last year at this same period.  The unsold inventory index has dropped 60% from last year.  Last year at this time we had a 16.6 month inventory in the state and now we are down to 6.7 months.  That is a very healthy sign for the California housing market and pointing to a near bottom for the state.  Follow the link below to see the latest statistics for the state of California.

 Zen's March 09 California Market Update

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US Senate approves $15,000 Home Buyer Tax Credit

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America's last Great Tax Deduction

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Contact Information

Photo of Zen Ziejewski Real Estate
Zen Ziejewski
Prudential California Realty
2 Ritz Carlton Dr. Suite 201
Monarch Beach CA 92629
949-922-2200

DRE license # 00998118