Home prices up in 60% of O.C.
For the 22 business days ending February 25 – DataQuick’s freshest stats — Orange County homebuying patterns showed:
- 56 of O.C.’s 83 ZIP codes had gains in their respective median selling price. Overall, prices were +12.3% vs. a year ago.
- Taking sales volume in consideration, home pricing is up in ZIPs representing 60% of the Orange County market.
- 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 -35% drop in the countywide median price!
- 47 of 83 O.C. ZIPs had year-over-year sales gains in the period.
- Overall, countywide sales were +5.5% vs. a year ago.
- 8 of 83 O.C. ZIPs has sales gains of 100% or more in the period.
| Community |
Zip |
Prev. 4 weeks |
% Change from 09 |
Prev. 4 weeks |
% Change from 08 |
| Aliso Viejo |
92656 |
$342,500 |
-8.70% |
74 |
39.60% |
| Dana Point |
92629 - 92624 |
$698,750 |
29.70% |
51 |
74.15% |
| Irvine |
92602 - 92620 |
$563,219 |
9.14% |
175 |
78.54% |
| Ladera Ranch |
92694 |
$510,000 |
3.00% |
41 |
-10.90% |
| Laguna Beach |
92651 |
$1,149,000 |
4.50% |
18 |
50.00% |
| Laguna Hills |
92653 |
$375,000 |
-10.70% |
39 |
69.60% |
| Laguna Niguel |
92677 |
$523,750 |
27.70% |
88 |
29.40% |
| Lake Forest |
92630 |
$380,000 |
23.20% |
58 |
-9.40% |
| Mission Viejo |
92691 - 92692 |
$429,250 |
-7.70% |
104 |
30.70% |
| Newport Beach |
92660 & 92663 |
$1,087,000 |
-5.65% |
44 |
-20.95% |
| Rancho Santa Margarita |
92688 |
$370,000 |
2.20% |
63 |
46.50% |
| San Clemente |
92672 - 92673 |
$672,500 |
-11.75% |
103 |
49.60% |
| San Juan Capistrano |
92675 |
$255,000 |
-30.10% |
39 |
21.90% |
| Sales Statistics |
| for ORANGE County CA |
| Realist's most recent sale date for this county is 03/04/2010 |
| Single Family Residence |
| Time Period |
Number of Sales |
Median Sale Price |
| Jan 2010 |
1,162 |
$500,000 |
| Jan 2009 |
1,059 |
$418,000 |
| Dec 2009 |
1,794 |
$502,000 |
| Dec 2008 |
1,556 |
$434,000 |
| 2010 YTD |
2,454 |
$500,000 |
| 2009 |
19,484 |
$480,000 |
| Condominium |
| Time Period |
Number of Sales |
Median Sale Price |
| Jan 2010 |
618 |
$330,500 |
| Jan 2009 |
591 |
$285,000 |
| Dec 2009 |
887 |
$312,000 |
| Dec 2008 |
757 |
$300,000 |
| 2010 YTD |
1,325 |
$315,000 |
| 2009 |
9,338 |
$307,500 |