The numbers we are about to display correspond to the DataQuick's latest numbers - ending in June 8th. If you were wondering what the latest trend in the Orange County Real Estate Markert is, here's the patterns its showing:
21 local ZIPs had both sales gains and price gains in the period. These double-gainers had combined sales volume equal to 30% of the Orange County market.
28 of O.C.'s 83 ZIP codes with gains in their respective median selling price. Overall, buyers' prices were -0.5% vs. a year ago.
Taking sales volume in consideration, home-sale pricing is up in ZIPs representing 37% of the Orange County market.
6 of 83 O.C. ZIPs with 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 33% drop in the countywide median price!
Current million-dollar ZIPs were 6% of all sales in the most recent period tracked.
21 of 83 O.C. ZIPs had year-over-year sales declines in the period -- or 25% of the market.
Overall, countywide sales were up 16.8% vs. a year ago.
3 of 83 O.C. ZIPs has sales gains of 100% or more in the period at the same time as - had sales drops greater than 50%!