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orange county median home prices: Orange County Home Prices Hit 5 1/2 Year Low! - 12/19/08 04:11 PM
Dataquick's November stats show Orange County median home price are now at $400K...a 5 1/2 year low and a 34.4% decline year over year. These are prices not seen since May of '03! Single family OC homes dropped to a median of $420K and condos are now at a median of $260.5K.
On the positive side home sales popped up by almost 39%! This was mainly a result of banks dumping foreclosures on the market and bargain hunters and investors swooping in and buying these distressed properties.
This was the fifth straight month of home sales increasing on a year-over-year comparison. … (0 comments)

 
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Brad Correll

Yorba Linda, CA

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Dream Homes Realty

Office Phone: (800) 544-6412

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Specializing in Yorba Linda Real estate, Anaheim Hills real estate, Brea real Estate, Placentia Real Estate, Irvine real estate and Orange real estate.







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