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North O.C. (CA) is Homebuying’s Hot Spot

March 16, 2012

Lansner on Real Estate ~ Real estate news in Orange County

North O.C. is homebuying’s hot spot

March 16th, 2012, 8:27 am · · posted by

 
 
Orange County housing hot spots are north and inland.

That’s what we found our studying how housing trends hit various corners of Orange County. For calendar month February — freshest numbers from DataQuick — our region-by-region analysis of local real estate trends finds Orange County homebuying slicing up by geography this way …

Priciest homes ever sold

Click for priciest homes sold

  • North Inland: 515 homes sold in these Orange County ZIP codes in this most recent period, +14.4% from a year ago. This was largest year-to-year gain among the four regions. Median selling price? $425,500 in these 22 ZIPs. This most recent median price change was -6.5% in a year. North Inland accounted for 28% of recent home sales vs. 28% a year ago.
  • Mid-County: These ZIPs — median selling price $333,750 — had 523 sales, -2.4% from a year ago. In these 25 ZIPs, the median price change was -2.5% in a year. Mid-County accounted for 27% of recent home sales vs. 24% a year ago.
  • Beach Towns: 341 homes sold in these ZIP codes in the most recent period, -6.3% from a year ago. Median selling price? $658,000 in these 17 ZIPs. Median price change was +1.9% in a year. Beach Towns accounted for 18% of recent home sales vs. 19% a year ago.
  • South Inland: These ZIPs — median selling price $416,750 — had 500 sales, -7.1% from a year ago. This was largest year-to-year drop among the four regions. In these 19 ZIPs, median price change was -8.4% in a year. South Inland accounted for 27% of recent home sales vs. 28% a year ago.
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