Orange County, Ca Single Family Home and Condo Sales Statistics
Posted Dec 31, 2007 @ 1:24 am, Viewed by 538 Visitors, Read 557 Times.Sales Statistics for Orange County, CA
According to Realist's most recent recording date of December 17, 2007, the number of Orange County Single Family Home 
sales fell 35% when comparing recorded sales of Nov 2006 to Nov 2007. Median Sales Price stayed about the same compared year-to -year as well as year-to-date compared to 2006.
Condominium sales fell about 33% during the same time period. The Condo Median Sales Price was 6% lower compared year-to -year and has remained the same year-to-date compared to 2006.
The chart below shows the specific numbers for comparison.
With the numerous bank owned, REO and short sale properties now on the market, it will be interesting to see how the first quarter of 2008 compares to 2007. Most of the short sale or bank owned properties are not the high-end, luxury homes. The abundance of homes are under $1,200,000.
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| Time Period | Number of Sales | Median Sale Price |
| Nov 2007 | 872 | $675,000 |
| Nov 2006 | 1,359 | $677,000 |
| Oct 2007 | 906 | $660,000 |
| Oct 2006 | 1,700 | $681,500 |
| 2007 YTD | 14,730 | $700,000 |
| 2006 | 21,605 | $700,000 |
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| Time Period | Number of Sales | Median Sale Price |
| Nov 2007 | 490 | $436,000 |
| Nov 2006 | 732 | $464,227 |
| Oct 2007 | 564 | $450,000 |
| Oct 2006 | 820 | $450,000 |
| 2007 YTD | 8,038 | $460,500 |
| 2006 | 12,078 | $463,250 |
Statistics taken from Realist Tax Data from the SoCaMLS. Information deemed reliable, but not guaranteed.
You can view Short Sale, REO and Bank Owned properties in various South Orange County Communities, such as San Clemente Short Sale Properties, or you can get a current "Live-Time" market snapshot at MLS Market Snapshot Report and get regular updates to keep you in-tune with what is happening in your neighborhood.
The Hartanov Team, highly experienced professionals who are proficient with technology and committed to meeting your needs, offer one of the most extensive and best on-line guides for Orange County Real Estate as well as the most visited local site for San Clemente Real Estate and the surrounding beach cities coastal communities. They specialize in offering a new level of service in helping people buy and/or sell Orange County area homes, condos, Short Sales, REO Bank Owned and investment properties and 1031 exchanges.
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Great looking numbers Drew. Your aerial map search @ http://www.hartanovteam.com/idx/map/ is awesome!