From mid-September to mid-October, 2,836 residences were purchased in Orange County – a 2.3% increase

 from 2008. 

September marked the 15^th straight month of sales gains vs. the year-ago period, which followed 33 consecutive months where sales failed to beat the previous year’s pace.

The average selling price of homes during this period was $430,000 which is a 2.4% increase from last year. 

Single family homes are reselling for 33% less than their peak pricing while condos are currently selling for 35% below their peak in March 2006.