Home Prices Are Up In O.C.

For the month of October overall home prices were up 3.9% from a year ago.  40 of Orange County’s 83 ZIP codes had gains in their respective median selling prices.  25 O.C. ZIP codes had both sales gains and price gains in October. 4 of 83 O.C. ZIPs had sales gains of 100% or more in the period. 

Only 5 of 83 O.C. ZIPs had median sales prices above $1 million dollars in October, compared to the peak in June 2007 where there were 11 million-dollar ZIPs.

Out of the 83 ZIP codes located in Orange County, 51 had year-over-year sales gains in the period. Overall countywide sales were down 1.2% compared to a year ago.