RE/MAX Fine Homes - Orange County Real Estate Blog: July 2010

Home sales up in over half of (42 of 83) Orange County zip codes!

Local real estate deals with the traditional post-spring slowdown as well as missing incentives from now-expired tax breaks. So, for the 22 business days ending July 8 – Data-Quick’s freshest stats — Orange County home-buying patterns showed:

·        Only 42 of 83 O.C. ZIPs had year-over-year sales gains in the period.

·        5 of 83 O.C. ZIPs has sales gains of 100% or more in the period.

·        Overall, countywide sales were +9% vs. a year ago.

·        52 of O.C.’s 83 ZIP codes had gains in their respective median selling price. Overall, prices were +6.5% vs. a year ago.

·        Taking sales volume in consideration, home pricing is up in ZIPs representing 61% of the Orange County market.

·        7 of 83 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 -31% drop in the countywide median price!

 

NOTE! 26 local ZIPs had both sales gains and price gains in the period. (Highlighted in green below!) These double-gainers had combined sales volume equal to 41% of the Orange County market. Below is a look at the 83 ZIPs and how they fared in terms of median selling price and total sales for this period.

 

For more information please visit www.FineHomes4Sale.com

 

Barbara Stuart, Canaday Group Agent

Comment balloon 0 commentsLee Ann Canaday • July 30 2010 03:27PM
Home sales up in over half of (42 of 83) Orange County zip codes!
share
Local real estate deals with the traditional post-spring slowdown as well as missing incentives from now-expired tax breaks. So, for the 22 business days ending July 8 – Data-Quick’s freshest stats — Orange County home-buying patterns showed: .. more
OC Look Event at the Jewel of Newport Coast
share
NEWPORT COAST, CA July 2010 — OC Look 2010…around 400 guests indulged in a lavish evening of fashion, beauty and great food to raise money for the Dream Guild of the Juvenile Diabetes Research Foundation, Orange County Chapter. The stage was… more
Newport Coast Open Houses
share
My open house this past weekend in Newport Coast was a success! I had a couple serious buyers who are actively looking in the area and excited about working with the Canaday Group. While the weather has been a bit funny, hopefully this next weekends… more
Newport Coast Open House
share
Perfection in Pelican Point Open House Saturday, July 24th from 1-4pm. Sweeping views of the ocean, coastline, Catalina and harbor from this majestic home on the golf course. Live in the prestigious community of Pelican Point with… more
Laguna Beach Open House Sunday
share
RE/MAX Fine Homes has a new listing at 138 Sunset Terrace, Laguna Beach in gorgeous Victoria Beach. Open House Sunday July 18th from 1-4pm… be the first to see this beautiful property. Link to additional photos of this… more
The Sea Villas, Monarch Beach Resort Dr., St. Regis Sea Villas - Dana…
share
July, 2010- Katrina Johnson, Broker Associate, The Canaday Group, RE/MAX Fine Homes (949) 291 7631. Katrina@CanadayGroup. com The Sea Villas are located adjacent to the St. Regis Resort in Dana Point California off of Niguel Rd. and Monarch… more
Home Size Continues to Decline…
share
Buyers Increasingly Opt for Single-Story Homes The size of new single-family homes completed declined last year, dropping to a nationwide average of 2, 438 square feet, according to detailed information about the characteristics of new homes… more
Closing Deadline Extended for Federal Tax Credit
share
President Obama signed a bill Friday extending the closing deadline for the federal home buyer tax credit to Sept. 30, 2010. The bill is retroactive and covers from June 30, 2010 to the date of enactment of the extension. To qualify for the… more
Find us on FACEBOOK
share
Join our Facebook Fan Page! Find us on Facebook today! RE/MAX Fine Homes, Canaday Group Real estate news, new listings, short sale information, open houses and local events. more
Monarch Beach Open House Saturday, July 10th
share
Hi all! It's been a busy month in Real Estate with a number of new listings along the coast! I'm really excited to hold open our new listing on 11 Gavina in the gated community of Monarch Beach this weekend, Saturday, July 10. Please call us at RE… more