OC Home Prices up 5.9% versus Last Year…
OC Register, October 23rd, 2012
Highlights of Data-Quick’s Orange County home-buying report. For the 22 business days ending October4th, 2012
- Median selling price for all residences of $450,000 — that is up 5.9% vs. a year ago.
- Total Orange County sales of 2,977 residences closed in the latest period — that is up 16.2% vs. a year ago.
- SFR were up 15.1% versus last year; condo sales rose 19.9% vs. year ago. Builders’ new homes sales were 13.1% higher
Here’s the breakdown of recent activity by key category; included is how the latest results compare to the average monthly sales pace from 1988 through 2011:
| Slice | Price | Price vs. year ago | Sales | Sales vs. year ago | Sales vs. ’88-’11 avg. |
| Houses | $510,000 | +5.2% | 2,010 | +15.1% | -9.9% |
| Condos | $308,000 | +15.4% | 803 | +19.9% | -6.1% |
| New | $679,000 | +12.4% | 164 | +13.1% | -67.9% |
| All O.C. | $450,000 | +5.9% | 2,977 | +16.2% | -17.2% |
