For the 22 business days ending June 12 – DataQuick’s freshest stats — Orange County’s homebuying patterns showed:
- 11 of O.C.’s 83 ZIP codes had gains in their respective median selling price. (Highlighted in green below!) Overall, prices were -11.6% vs. a year ago.
- 5 of 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!
- 51 of O.C. ZIPs had year-over-year sales gains in the period. Overall, sales were +16.9% vs. a year ago.
- 6 of O.C. ZIPs has sales gains of 100% or more in the period.
- 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 this period:
| Town | ZIP | Price | Yr. chg. | Sales | Yr. chg. |
|---|---|---|---|---|---|
| Aliso Viejo | 92656 | $395,000 | -11.2% | 84 | +16.7% |
| Anaheim | 92801 | $292,500 | -15.8% | 46 | +64.3% |
| Anaheim | 92802 | $330,500 | -13.0% | 21 | +90.9% |
| Anaheim | 92804 | $305,000 | -18.7% | 63 | +1.6% |
| Anaheim | 92805 | $319,000 | -5.6% | 79 | +154.8% |
| Anaheim | 92806 | $380,000 | -14.6% | 14 | -22.2% |
| Anaheim | 92807 | $480,000 | -5.9% | 32 | -3.0% |
| Anaheim | 92808 | $400,000 | -26.5% | 28 | -12.5% |
| Brea | 92821 | $464,000 | -1.3% | 20 | -9.1% |
| Brea | 92823 | $569,000 | +10.1% | 3 | -40.0% |
| Buena Park | 90620 | $381,000 | -5.1% | 54 | +35.0% |
| Buena Park | 90621 | $326,000 | -17.5% | 17 | -22.7% |
| Corona del Mar | 92625 | $1,262,500 | -24.2% | 17 | -15.0% |
| Costa Mesa | 92626 | $490,000 | -6.7% | 37 | +23.3% |
| Costa Mesa | 92627 | $442,000 | -17.6% | 36 | +50.0% |
| Cypress | 90630 | $482,000 | +2.0% | 35 | -12.5% |
| Dana Point | 92624 | $530,000 | +26.6% | 10 | +66.7% |
| Dana Point | 92629 | $710,000 | -3.4% | 45 | +87.5% |
| Foothill Ranch | 92610 | $310,000 | -41.8% | 18 | +80.0% |
| Fountain Valley | 92708 | $530,000 | -8.6% | 27 | -47.1% |
| Fullerton | 92831 | $403,000 | +0.8% | 27 | +17.4% |
| Fullerton | 92832 | $304,500 | -25.7% | 15 | +7.1% |
| Fullerton | 92833 | $360,000 | -33.8% | 55 | +37.5% |
| Fullerton | 92835 | $545,000 | -32.4% | 25 | +0.0% |
| Garden Grove | 92840 | $310,000 | -18.4% | 41 | +10.8% |
| Garden Grove | 92841 | $380,000 | -7.3% | 38 | +72.7% |
| Garden Grove | 92843 | $320,000 | -11.1% | 37 | +68.2% |
| Garden Grove | 92844 | $265,000 | -35.4% | 21 | +61.5% |
| Garden Grove | 92845 | $460,000 | -3.7% | 8 | -42.9% |
| Huntington Beach | 92646 | $501,000 | -12.5% | 62 | +0.0% |
| Huntington Beach | 92647 | $505,000 | -8.8% | 37 | +12.1% |
| Huntington Beach | 92648 | $781,500 | -5.8% | 51 | +21.4% |
| Huntington Beach | 92649 | $550,000 | -3.7% | 28 | +3.7% |
| Irvine | 92602 | $540,250 | -6.0% | 28 | -9.7% |
| Irvine | 92603 | $850,000 | +3.3% | 31 | +10.7% |
| Irvine | 92604 | $487,500 | -18.8% | 23 | +15.0% |
| Irvine | 92606 | $550,000 | -8.3% | 18 | -10.0% |
| Irvine | 92612 | $500,000 | +6.4% | 29 | +52.6% |
| Irvine | 92614 | $510,000 | -15.0% | 25 | +13.6% |
| Irvine | 92618 | $433,500 | -20.5% | 19 | +137.5% |
| Irvine | 92620 | $563,750 | -18.3% | 57 | +39.0% |
| Ladera Ranch | 92694 | $509,000 | -23.5% | 46 | +24.3% |
| La Habra | 90631 | $285,000 | -15.7% | 43 | -10.4% |
| La Palma | 90623 | $525,000 | -4.5% | 10 | -9.1% |
| Laguna Beach | 92651 | $1,300,000 | -23.0% | 36 | +71.4% |
| Laguna Hills | 92653 | $340,000 | +9.1% | 39 | -9.3% |
| Laguna Niguel | 92677 | $445,000 | -28.5% | 98 | +4.3% |
| Laguna Woods | 92637 | $233,000 | -2.8% | 20 | -9.1% |
| Lake Forest | 92630 | $375,000 | -12.8% | 60 | -1.6% |
| Los Alamitos | 90720 | $657,500 | -20.3% | 14 | -30.0% |
| Midway City | 92655 | $330,000 | -18.5% | 1 | -66.7% |
| Mission Viejo | 92691 | $412,500 | -13.6% | 52 | +2.0% |
| Mission Viejo | 92692 | $500,000 | +7.5% | 62 | +6.9% |
| Newport Beach | 92660 | $783,000 | -23.5% | 24 | -14.3% |
| Newport Beach | 92661 | $1,736,000 | -15.3% | 4 | -42.9% |
| Newport Beach | 92662 | n/a | n/a | n/a | n/a |
| Newport Beach | 92663 | $675,000 | -43.7% | 17 | -15.0% |
| Newport Coast | 92657 | $1,551,500 | -8.5% | 15 | +15.4% |
| Orange | 92865 | $406,500 | -23.2% | 22 | -26.7% |
| Orange | 92866 | $492,000 | +3.0% | 9 | +125.0% |
| Orange | 92867 | $440,000 | -9.7% | 41 | +24.2% |
| Orange | 92868 | $310,000 | -10.1% | 11 | -35.3% |
| Orange | 92869 | $435,000 | -17.1% | 55 | +83.3% |
| Placentia | 92870 | $440,000 | -5.4% | 47 | +11.9% |
| Ran.S. Margarita | 92688 | $375,000 | -10.7% | 76 | +26.7% |
| San Clemente | 92672 | $550,000 | -28.0% | 36 | -7.7% |
| San Clemente | 92673 | $637,000 | -18.3% | 40 | -14.9% |
| San Juan Capo | 92675 | $375,000 | -11.2% | 31 | -3.1% |
| Santa Ana | 92701 | $135,000 | -50.5% | 47 | +135.0% |
| Santa Ana | 92703 | $230,000 | -24.7% | 46 | +48.4% |
| Santa Ana | 92704 | $270,000 | -20.6% | 52 | +6.1% |
| Santa Ana | 92705 | $325,000 | -47.4% | 56 | +93.1% |
| Santa Ana | 92706 | $328,000 | -18.0% | 33 | +175.0% |
| Santa Ana | 92707 | $225,000 | -22.8% | 61 | +22.0% |
| Seal Beach | 90740 | $672,500 | +7.1% | 11 | +0.0% |
| Stanton | 90680 | $300,000 | -11.8% | 31 | +29.2% |
| Trabuco/Coto | 92679 | $642,000 | -12.2% | 56 | +80.6% |
| Tustin | 92780 | $240,000 | -25.0% | 44 | +18.9% |
| Tustin | 92782 | $745,000 | -7.9% | 60 | +25.0% |
| Villa Park | 92861 | $1,300,000 | -8.0% | 5 | -28.6% |
| Westminster | 92683 | $400,000 | -10.5% | 80 | +48.1% |
| Yorba Linda | 92886 | $568,500 | -24.2% | 56 | +16.7% |
| Yorba Linda | 92887 | $635,000 | +78.9% | 25 | +108.3% |
| Total O.C. | $420,000 | -11.6% | 3,000 | +16.9% |
SELLERS SELL NOW OR BE LOCKED OUT!
$600k+ home sellers drop your price now and sell during this high season or you will be locked out! You can read the news even
Gary Watts and the NAR says your home will drop in value 20% this year. So next year’s high season will be 20% lower than this
year. Don’t make the mistake of trying to time the market to get top dollar. Drop your price and sell now before it is too
late!
Gary Watts says:
While demand for homes selling for under $500,000 is hot, sellers of those homes no longer have any equity. They end up with
nothing to invest in a bigger house. As a result, sales of homes for more than $500,000 are “dead in the water.” High
unemployment, tight credit and a new wave of foreclosures on Option ARMs and other creative loans likewise are combining to
depress the market.
http://lansner.freedomblogging.com/2009/07/01/housing-evangelist-back-to-scary-gary/28335/
Sellers drop your prices now and sell or be locked out!
Of course prices are up since Jan 09, people have been listening to me since the beginning of the year that prices are at a once-in-a-lifetime deal and you must buy now or be priced out forever.
Gunner, you are like the fool in the forest, yelling and hearing an echo. He believes what he has to say is being heard and repeated.
You go girl.
Another day, another crash in high end coastal real estate… yawn…
Now is the time to buy in sunny Southern California!!! They aint makin’ any more land!!
No but they are bulldozing homes here, you are either misinformed or a liar,
To add insult to injury, prices are dropping but the County is raising taxes on the mid to high range people. Yet another reason, among many to wait this out.
20% from 600,000 is simple, 600,000 minus 120,000, which equals 480,000 not good. Sell, nobody is buying. look at Ladera Ranch, atrocious. I bought mine for 485,000. It was priced at 875,000 at the high end. I think 20% is too low. He’s an expert or alleged to be, and for the most part the market is about 10-15% higher then expert predictions. so I think more alonh 30-35%. Stand by,
We were in a bubble in 2002 and prices have doubled since then. Only fools are buying now.