Homebuying Boost Seen Across O.C

rates, sales, mortgage, economy, economicA look at  housing trends in various  corners of Orange County shows a relatively widespread uptick in homebuying.

For calendar month August – freshest numbers from DataQuick — our region-by-region analysis of local real estate trends in 83 major ZIP codes finds Orange County homebuying  up in all four of our geographic slices this …

  • 615 homes sold in Orange County’s north-inland ZIP codes in this most recent period, +16% from a year ago. Median selling price? $441,500 in these 22 ZIPs. This most recent median price change was -9.3% vs. a year ago.
  • Mid-county ZIPs — median selling price $350,500 – had 742 sales, +8% from a year ago. In these 25 ZIPs, the median price change was -2.0% vs. a year ago.
  • 483 homes sold in beach cities’ 17 ZIP codes in the most recent period, +13% from a year ago. Median selling price? $709,000 in these 17 ZIPs. Median price change was -2.9% vs. a year ago.
  • South inland ZIPs — median selling price $477,000 – had 864 sales, +10% from a year ago. In these 19 ZIPs, median price change was -10.9% vs. a year ago.
  • Combined, total homes sales in ZIPs in the north and mid-section of Orange County were +11.8% vs. a year ago as homebuying the rest of the county ran +11.0% vs. 12 months earlier.

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