Latest Headlines on OCRegister.com
[x] Close
- NEWS
- Cold air follows hard rain 1 hour & 58 minutes ago
- Sheriff candidates show their colors at debate 1 hour & 7 minutes ago
- Suspect in MySpace scheme admitted to 'being sick' 2 hours & 51 minutes ago
- Supervisors approve deputy union deal
- SPORTS
- Hockey more than game to Canada 3 hours & 1 minute ago
- O.C. teams atop CIF basketball rankings
- U.S. skier Kearney loves life up in the air
- Freeway Faceoff would tantalize 2 hours & 53 minutes ago
- BUSINESS
- ENTERTAINMENT
- LIFE
- TRAVEL
- OPINION
Home prices up in just 5 O.C. ZIPs
February 27th, 2009, 12:01 am · 20 Comments · posted by Jon Lansner
For 22 business days ending 2/6 – DataQuick’s freshest stats — Orange County homebuying patterns showed:
- Just 5 of O.C.’s 83 ZIP codes had year-over-year gains in their respective median selling price. 9They’re in gold in the chart below!) Overall, prices were -28.8% vs. a year ago.
- 14 of O.C. ZIPs went without sales gains in the same period. Overall, sales were +45.1% vs. a year ago.
- For a detailed report on the price moves, CLICK HERE!
Here’s a look at the 83 ZIPs and how they fared in terms of median selling price and total sales for the period:
| Town | ZIP | Price | Yr. chg. | Sales | Yr. chg. |
|---|---|---|---|---|---|
| Aliso Viejo | 92656 | $392,000 | -12.9% | 56 | +16.7% |
| Anaheim | 92805 | $294,500 | -32.3% | 42 | +121.1% |
| Anaheim | 92801 | $286,000 | -31.1% | 43 | +230.8% |
| Anaheim | 92802 | $327,500 | -27.2% | 20 | +100.0% |
| Anaheim | 92806 | $372,500 | -24.0% | 19 | +375.0% |
| Anaheim | 92804 | $325,000 | -18.8% | 56 | +107.4% |
| Anaheim | 92807 | $444,250 | -17.7% | 30 | +50.0% |
| Anaheim | 92808 | $597,000 | +40.5% | 13 | +44.4% |
| Brea | 92821 | $505,000 | +3.5% | 17 | +142.9% |
| Brea | 92823 | $895,000 | n/a | 3 | n/a |
| Buena Park | 90621 | $300,000 | -27.7% | 19 | +58.3% |
| Buena Park | 90620 | $355,000 | -16.5% | 27 | +92.9% |
| Corona del Mar | 92625 | $1,825,000 | +30.5% | 10 | +0.0% |
| Costa Mesa | 92627 | $407,000 | -16.8% | 24 | +4.3% |
| Costa Mesa | 92626 | $522,500 | -7.5% | 23 | +64.3% |
| Cypress | 90630 | $426,500 | -7.3% | 26 | +62.5% |
| Dana Point | 92624 | $576,500 | -46.4% | 5 | +66.7% |
| Dana Point | 92629 | $655,000 | -26.2% | 17 | +54.5% |
| Foothill Ranch | 92610 | $450,000 | -15.1% | 15 | +275.0% |
| Fountain Valley | 92708 | $577,000 | -3.8% | 31 | +72.2% |
| Fullerton | 92831 | $325,000 | -28.2% | 17 | +70.0% |
| Fullerton | 92833 | $337,500 | -27.8% | 44 | +193.3% |
| Fullerton | 92832 | $330,000 | -22.8% | 13 | +62.5% |
| Fullerton | 92835 | $557,500 | -2.2% | 5 | -28.6% |
| Garden Grove | 92843 | $300,000 | -34.1% | 34 | +209.1% |
| Garden Grove | 92841 | $310,000 | -28.3% | 22 | +83.3% |
| Garden Grove | 92844 | $307,500 | -23.1% | 15 | +275.0% |
| Garden Grove | 92845 | $470,500 | -20.9% | 8 | +100.0% |
| Garden Grove | 92840 | $330,000 | -18.5% | 31 | +82.4% |
| Huntington Beach | 92648 | $660,000 | -20.2% | 26 | +100.0% |
| Huntington Beach | 92649 | $529,000 | -16.7% | 29 | +81.3% |
| Huntington Beach | 92647 | $510,000 | -6.8% | 20 | +42.9% |
| Huntington Beach | 92646 | $610,000 | +1.8% | 29 | -9.4% |
| Irvine | 92604 | $458,000 | -22.4% | 13 | +30.0% |
| Irvine | 92603 | $760,000 | -22.4% | 15 | +15.4% |
| Irvine | 92602 | $571,000 | -19.1% | 13 | +18.2% |
| Irvine | 92620 | $502,500 | -16.8% | 20 | -51.2% |
| Irvine | 92618 | $453,750 | -16.6% | 8 | +60.0% |
| Irvine | 92606 | $486,500 | -6.1% | 15 | +15.4% |
| Irvine | 92612 | $405,000 | -3.6% | 13 | -74.0% |
| Irvine | 92614 | $600,000 | -0.8% | 6 | -25.0% |
| La Habra | 90631 | $302,500 | -23.2% | 42 | +61.5% |
| La Palma | 90623 | $378,500 | -33.6% | 2 | +0.0% |
| Ladera Ranch | 92694 | $417,500 | -16.5% | 46 | +84.0% |
| Laguna Beach | 92651 | $670,000 | -59.5% | 14 | -22.2% |
| Laguna Hills | 92653 | $226,000 | -45.3% | 30 | +87.5% |
| Laguna Niguel | 92677 | $392,550 | -24.1% | 55 | +25.0% |
| Laguna Woods | 92637 | $220,000 | -8.3% | 12 | -57.1% |
| Lake Forest | 92630 | $352,500 | -18.6% | 46 | +100.0% |
| Los Alamitos | 90720 | $560,000 | -31.7% | 7 | -12.5% |
| Midway City | 92655 | $350,000 | n/a | 3 | n/a |
| Mission Viejo | 92692 | $427,500 | -30.8% | 27 | +42.1% |
| Mission Viejo | 92691 | $412,000 | -18.6% | 45 | +150.0% |
| Newport Beach | 92662 | $2,285,000 | -33.3% | 1 | +0.0% |
| Newport Beach | 92660 | $850,000 | -32.0% | 10 | -58.3% |
| Newport Beach | 92663 | $790,000 | -30.5% | 8 | -50.0% |
| Newport Beach | 92661 | $1,250,000 | -26.5% | 3 | +200.0% |
| Newport Coast | 92657 | $1,632,500 | -30.2% | 12 | +9.1% |
| Orange | 92868 | $295,000 | -32.2% | 16 | +45.5% |
| Orange | 92869 | $415,909 | -24.4% | 27 | +92.9% |
| Orange | 92866 | $442,500 | -23.4% | 2 | -50.0% |
| Orange | 92867 | $415,041 | -21.8% | 16 | +14.3% |
| Orange | 92865 | $413,000 | -15.7% | 19 | +35.7% |
| Placentia | 92870 | $370,000 | -31.8% | 25 | +56.3% |
| Rancho S. Margarita | 92688 | $310,000 | -30.3% | 41 | -16.3% |
| San Clemente | 92672 | $605,000 | -49.6% | 18 | +20.0% |
| San Clemente | 92673 | $631,000 | -26.6% | 30 | +25.0% |
| San Juan Capo | 92675 | $319,500 | -68.4% | 29 | +20.8% |
| Santa Ana | 92703 | $170,000 | -52.0% | 46 | +228.6% |
| Santa Ana | 92704 | $230,000 | -45.8% | 57 | +185.0% |
| Santa Ana | 92707 | $220,000 | -37.1% | 65 | +282.4% |
| Santa Ana | 92705 | $452,500 | -33.0% | 27 | +42.1% |
| Santa Ana | 92706 | $320,000 | -32.6% | 18 | +200.0% |
| Santa Ana | 92701 | $180,000 | -10.0% | 36 | +100.0% |
| Seal Beach | 90740 | $740,000 | +14.7% | 11 | +10.0% |
| Stanton | 90680 | $285,000 | -34.0% | 21 | +162.5% |
| Trabuco/Coto | 92679 | $559,000 | -37.3% | 25 | +0.0% |
| Tustin | 92780 | $201,000 | -58.7% | 35 | +52.2% |
| Tustin | 92782 | $510,000 | -29.9% | 32 | +88.2% |
| Villa Park | 92861 | $1,050,000 | -23.1% | 1 | -75.0% |
| Westminster | 92683 | $380,000 | -27.8% | 35 | +16.7% |
| Yorba Linda | 92886 | $539,250 | -34.2% | 26 | -10.3% |
| Yorba Linda | 92887 | $526,000 | -22.6% | 10 | +25.0% |
| All O.C. | $370,000 | -28.8% | 1938 | +45.1% |
ADVERTISEMENT
Reader Comments
Comments are encouraged, but you must follow our User Agreement.- Keep it civil and stay on topic.
- No profanity, vulgarity, racial slurs or personal attacks.
- People who harass others or joke about tragedies will be blocked.
20 Comments
-
ADVERTISEMENT
-
-
OC real estate news- O.C. rent cutsnation’s 8th largest
- Really? Beleagured builders showing signs of life
- Mortgage bankers HQ now a short sale?
- Homes have similar views, $1.8 million difference
- A 'short refi' to avoid foreclosure?
- Million-dollar home sales down 15% in ‘09
- Yorba Linda home tops most-viewed list
- Would you relocate to Texas?
- $16.5M apartments sale sets record
- Housing market warming along south coast?
-
Want real estate updates by e-mail?
Just CLICK HERE!
-
Blog within a blog ...
-
ADVERTISEMENT
JUST BECAUSE SOMEONE PAID FOR SOMETHING THAT WAS OVERPRICED BY 2 TO 3 HUNDRED PERCENT DOESNT MEAN NOW THAT ITS STILL MARKED UP OVER 100 PERCENT THAT ITS A GOOD DEAL TO BUY IT
THAT IN A NUTSHELL IS THE HOUSING MARKET
HWOOD
i once bought a baseball card almost 30 years ago
for $100
it’s now worth $5
i’m thinking if i hold out until 2048 maybe i will break even…
i have some friends who bought beanie babies
they are holding out until 2063
… internet stocks? maybe 2042 lllooollll
.
there are plenty of realtors on this blog holding out until 2027, they just don’t know it….
So what happened? Did you chew the card and throw away the gum?
prices in cdm are going to be skewed every month versus a cookie cutter city where all the homes are virtually identical one sale south of pch in cdm is all it takes to “up” the price for that month.
don’t kid yourself, prices are going down everywhere
So am I crazy, or is 92676 never on these lists? I’m fairly sure Modjeska and Silverado are still part of Orange County.
I know people who live in Modjeska and they certain don’t act like people from OC (that’s a compliment!)
# girly girl Says:
February 27th, 2009 at 9:28 am
So am I crazy, or is 92676 never on these lists? I’m fairly sure Modjeska and Silverado are still part of Orange County.
YOU ARE CRAZY DOES THAT ANSWER UR QUESTION…LOLLL
Good god, people still don’t know what the median is?
Ooh, ooh (raising hand), I know! I know! Is it something that is going down so fast that it scares the sh!t out of you?
Unemployment rate just hit 10% http://www.reuters.com/article/bondsNews/idUSN279870520090227
. And with Option-ARM resets now accelerating, this could only be the beginning.
Wow, bassist. I didn’t know the Chronicle fired that many people.
Yeah, and it went DOWN in 78 zip codes. Idiot. Even in the throes of an unprecedented real estate decline Lanser tries to spin the story positive. He should be FIRED immediately.
Bob …
I passed along your note to my bosses!
Thanks,
Jon
Bob…the title of this article was “Home Prices Up in JUST 5 OC Zips” …no spin.
hwood, you’re right. I should never ask a question to which I already know the answer, LOL.
Let me guess Bob, you probably want to buy a home at the lowest price and any news that makes you feel insecure about that pisses you off. Chill out man.
Lasner does good job bringing us OC real estate news and he spotted that in DataQuick’s year over year change. Plus the title to the blog contains “…in just 5 O.C. ZIPs…”
JL with a rare response - now it’s in the round file! LOL!
I agree though, it says “just” but “78 of 82″ would’ve been more straightforward. and the +1.8% in HB isn’t really statistically significant, might as well be 0. the rest I’m still trying to figure out how they went up, but hey actual sales can always result in a statistical anomaly or two.
now if he can give us an answer for girly girl’s, we can all die happy.
My buddy just bought a non-foreclosure in 92646 for $$283.00 a sq ft., one mile from the beach. Three years ago it was 454.00 a sq. foot. Some things need upgrades but nothing too big. I do understand everything is coming down in the next couple years even more, but do feel this is a GOOD deal, especially reading this article. Understand that these numbers are always hard to understand with all that’s going on.
Beware all non natives of Orange County, do not buy anything. Prices are still overly inflated. If nobody buys then everything will have to go back down to early 2000 prices. In the year 2000 you could have bought a 3,000 sq feet home for $300,000. Please for the sake of correcting the economy it needs to be done. Obama is a moron he is milking the wrong cow!!!
low sales volume in those areas. The real numbers are in the cost per square foot.
.
Anyone notice Redfin has “$ per sq/ft” data now. Check out the charts. it shows ask price and sell price. The charts tell the whole story.