Archive for the 'DataQuick reports' Category
November 6th, 2009, 10:05 am by Jon Lansner
For the 22 business days ending Oct. 16
| Slice |
Price |
Yr. ago |
Sales |
Yr. ago |
| Houses |
$495,000 |
+4.2% |
2,018 |
+5.7% |
| Condos |
$308,500 |
+4.6% |
917 |
+8.8% |
| New |
$500,000 |
+3.1% |
168 |
-19.6% |
| All O.C. |
$435,000 |
+3.6% |
3,103 |
+4.8% |
For the 22 business days ending Oct. 16 – DataQuick’s latest homebuying report — Orange County saw …
- $435,000 median selling price that is $6,000 above September (+1.4%) and would mark the 6th consecutive month of price gains — longest winning streak since 7 up months ended Aug. 2005.
- Price is +3.6% vs. a year ago and -33% below June 2007’s peak of $645,000.
- The most recent median is 18% above the cyclical low hit in January 2009 at $370,000 — a current bottom that was -43% below the peak.
- Prices fell on a year-over-year basis from Sept. 2007 through August. (Worst at -31.5% in August 2008.)
- Single-family homes resell for 33% less than their peak pricing (June ‘07) while condos sell 34% below their peak in March 2006. Builder prices for new homes are 42% below their February ‘05 top.
- In this most recent period, O.C. shoppers bought 3,103 residences — that is +4.8% vs. year-ago buying activity. (From 1997-2006, monthly sales averaged 4,304 per month.)
- September was 15th straight month of sales gains vs. the year-ago period. That follows 33 consecutive months where sales failed to beat the previous year’s pace.
How did your neighborhood fare? Check our ZIP-by-ZIP data HERE!
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Posted in: DataQuick reports • Top tale • bottom • DataQuick • numbers | 93 Comments »
October 30th, 2009, 11:10 am by Jon Lansner
For 22 business days ending Oct. 13
| Slice |
Price |
Yr. ago |
Sales |
Yr. ago |
| Houses |
$495,000 |
+4.2% |
1,841 |
+3.0% |
| Condos |
$304,000 |
+3.1% |
845 |
+8.1% |
| New |
$500,000 |
+4.2% |
150 |
-25.7% |
| All O.C. |
$430,000 |
+2.4% |
2,836 |
+2.3% |
For the 22 business days ending Oct. 13 – DataQuick’s latest homebuying report — Orange County saw …
- $430,000 median selling price that is +2.4% vs. a year ago and -33% below June 2007’s peak of $645,000.
- The most recent median is $60,000 (+16%) above the cyclical low hit in January 2009 at $370,000 — a current bottom that was -43% below the peak.
- Prices fell on a year-over-year basis from Sept. 2007 through August. (Worst at -31.5% in August 2008.)
- Single-family homes resell for 33% less than their peak pricing (June ‘07) while condos sell 35% below their peak in March 2006. Builder prices for new homes are 42% below their February ‘05 top.
- In this most recent period, O.C. shoppers bought 2,836 residences — that is +2.3% vs. year-ago buying activity. (From 1997-2006, monthly sales averaged 4,304 per month.)
- September was 15th straight month of sales gains vs. the year-ago period. That follows 33 consecutive months where sales failed to beat the previous year’s pace.
How did your neighborhood fare? Check our ZIP-by-ZIP data HERE!
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Other real estate trends:
Posted in: DataQuick reports • Top tale • bottom • DataQuick | 86 Comments »
October 23rd, 2009, 11:14 am by Jeff Collins
Orange County’s median home price appears to be on track for this year’s eighth month of increases, sales numbers that include early October show. And the median (the price at the midpoint of all sales) also appears to be heading for a second month of year-over-year price increases after 24 months of annual price declines.
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| Slice |
Price |
Yr. ago |
Sales |
Yr. ago |
| Houses |
$500,000 |
+6.4% |
1,945 |
+4.9% |
| Condos |
$301,000 |
+3.8% |
890 |
+7.6% |
| New |
$491,000 |
-0.8% |
145 |
-27.1% |
| All O.C. |
$432,000 |
+2.9% |
2,980 |
+3.5% |
For the 22 business days ending Oct. 6 — DataQuick’s latest homebuying report — Orange County saw …
- A median price of $432,000, up 2.9% from a year ago.
- While that’s 33% below the June 2007 peak of $645,000, DataQuick’s weekly median price has been rising steadily since early February. (Click on chart to enlarge.)
- A median price of $500,000 for single-family homes. O.C. houses sold for 32% less than their peak pricing (June ‘07).
- A median price of $310,000 for condos, now selling for 36% below their peak in March 2006.
- Builder prices for new homes at $491,000, or 43% below their February ‘05 top.
- In this most recent period, O.C. shoppers bought 2,980 residences — that’s up 3.5% from year-ago buying activity. (From 1997-2006, monthly sales averaged 4,304 per month.)
Today’s DataQuick report comes as the National Association of Realtors reports that existing U.S. homes sales surged a record 9.4 percent in September. The surge comes as Americans rushed to take advantage of a tax credit for first-time buyers before it expires next month.
To see how your neighborhood fared, check our ZIP-by-ZIP data HERE!
Other real estate trends:
Posted in: DataQuick reports • Top tale • DataQuick • numbers | 100 Comments »
October 13th, 2009, 4:28 pm by Jeff Collins
| County |
Median |
Vs. ‘08 |
Sales |
Vs. ‘08 |
| Los Angeles |
$330,000 |
-8.3% |
7,138 |
13.8% |
| Orange |
$429,000 |
0.9% |
2,828 |
6.0% |
| Riverside |
$185,000 |
-22.1% |
4,312 |
-5.3% |
| San Berdoo |
$150,000 |
-26.8% |
3,023 |
6.8% |
| San Diego |
$325,000 |
-0.9% |
3,454 |
2.6% |
| Ventura |
$371,750 |
-3.4% |
784 |
-3.0% |
| SoCal |
$275,000 |
-10.9% |
21,539 |
5.1% |
Orange County was the only Southern California county to see an increase in median home prices last month.
But that gain – coupled with a decreasing number of foreclosed homes sold – held regionwide prices to the smallest year-over-year decline in nearly two years, according to market tracker MDA DataQuick of La Jolla.
The median price of a SoCal home fell 10.9% in September, DataQuick reported today. That’s the smallest decline since November 2007.
Sales were up 5.1 percent last month. DataQuick attributed that gain to sales that normally would have closed before and after September being both delayed and advanced.
Some short sales (or homes selling for less than the mortgage balance) were dragged out until September because they needed a lender’s OK, DataQuick reported. In addition, some buyers rushed to close escrow last month to take advantage of a federal tax-credit for first-time homebuyers.
Recent real estate podcasts!
Posted in: DataQuick reports • Top tale • DataQuick • numbers • SoCal | 37 Comments »
October 13th, 2009, 9:25 am by Jon Lansner
For September
| Slice |
Price |
Yr. ago |
Sales |
Yr. ago |
| Houses |
$500,000 |
+4.2% |
1,862 |
+7.5% |
| Condos |
$300,000 |
+3.4% |
839 |
+11.9% |
| New |
$487,000 |
-2.4% |
127 |
-31.4% |
| All O.C. |
$429,000 |
+0.8% |
2,828 |
+6.0% |
DataQuick’s homebuying report for Orange County for last month saw the median selling price of all residences rise by 0.8% in a year to $429,000.
That is the first gain since prices began falling on a year-over-year in Sept. 2007. (Worst in the losing streak? -31.5% for year ended August 2008.) For sure, prices are still well below June 2007’s peak of $645,000.
Last month, O.C. shoppers bought 2,82,8 residences — that is 6% (CORRECTED 10/30 1:45 pm) above year-ago buying activity. (From 1997-2006, monthly sales averaged 4,304 per month.) So September was the 15th straight month of sales gains vs. the year-ago period. That follows 33 consecutive months where sales failed to beat the previous year’s pace.
- And foreclosures dropped again, DataQuick reports. Read more HERE.
Other real estate trends:
Recent real estate podcasts:
Posted in: DataQuick reports • Home prices • DataQuick • numbers | 129 Comments »
October 9th, 2009, 12:14 am by Jon Lansner
For the 22 business days ending Sept. 24
| Slice |
Price |
Yr. ago |
Sales |
Yr. ago |
| Houses |
$500,000 |
+2.0% |
1,798 |
-3.3% |
| Condos |
$295,000 |
-1.7% |
791 |
-3.9% |
| New |
$491,000 |
+0.2% |
125 |
-33.2% |
| All O.C. |
$434,000 |
-0.2% |
2,714 |
-5.4% |
For the 22 business days ending Sept. 24 – DataQuick’s latest homebuying report — Orange County saw …
- $434,000 median selling price that is -0.2% vs. a year ago
- That’s smallest decline since prices began falling on a year-over-year in Sept. 2007. (Worst in the losing streak? -31.5% for year ended August 2008.)
- Current median is -33% below June 2007’s peak of $645,000 but 17% above the cyclical low hit in January 2009.
- Single-family homes resell for 32% less than their peak pricing (June ‘07) while condos sell 37% below their peak in March 2006. Builder prices for new homes are 43% below their February ‘05 top.
- In this most recent period, O.C. shoppers bought 2,714 residences — that is -5.4% vs. year-ago buying activity. (From 1997-2006, monthly sales averaged 4,304 per month.)
- August was 14th straight month of sales gains vs. the year-ago period. That follows 33 consecutive months where sales failed to beat the previous year’s pace.
How did your neighborhood fare? Check our ZIP-by-ZIP data HERE!
Other real estate trends:
Posted in: DataQuick reports • Home prices • Top tale • bottom • DataQuick • numbers | 126 Comments »
October 2nd, 2009, 3:00 am by Jon Lansner
For 22 business days ending Sept. 14
| Slice |
Price |
Yr. ago |
Sales |
Yr. ago |
| Houses |
$493,500 |
-3.1% |
1,895 |
-1.1% |
| Condos |
$299,000 |
-0.3% |
832 |
+0.6% |
| New |
$453,250 |
-2.9% |
153 |
-0.6% |
| All O.C. |
$425,000 |
-3.4% |
2,880 |
-0.6% |
Is Orange County’s homebuying winning streak that dates to July 2008 in jeopardy? For the 22 business days ending Sept. 14 – DataQuick’s latest homebuying report — Orange County saw …
- O.C. shoppers bought 2,880 residences — that is 0.6% below year-ago buying activity.
- August was the 14th straight month of sales gains vs. the year-ago period. That followed 33 consecutive months where sales failed to beat the previous year’s pace.
- Just 40 of 83 O.C. ZIPs had year-over-year sales gains in the period. In the second quarter, as a comparison, 55 ZIPs had sales gains. Full ZIP-by-ZIP report HERE!
- Note: From 1997-2006, monthly sales averaged 4,304 per month.
- $425,000 median selling price that is -3.4% vs. a year ago and -34% below June 2007’s peak of $645,000.
- The most recent median is 15% above the cyclical low hit in January 2009.
- Prices have been falling on a year-over-year basis since Sept. 2007 with the worst at -31.5% in August 2008.
- Single-family homes resell for 33% less than their peak pricing (June ‘07) while condos sell 36% below their peak in March 2006. Builder prices for new homes are 48% below their February ‘05 top.
Other real estate trends:
Posted in: DataQuick reports • Top tale • DataQuick • numbers | 63 Comments »
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