I've included some info below that you may find interesting:

Orange Countly MLS Statistics for properties Under $5,000,000:

Jan1 - Feb15  2007  $731,437 / 2,200 Sales / 1,754sf avg. size
Jan1 - Feb15 2006   $730,110 / 2,689 Sales  / 1,668sf avg. size
Jan1 - Feb15 2005   $631,595 / 3,762 Sales  / 1,670sf avg. size

Oct1 - Dec31 2006   $709,995  / 5,944 Sales
July1 - Sep30 2006  $728,087 /  6,842 Sales
Apr1 - June1 2006   $742,639 /  8,131 Sales
Jan1 - Mar30 2006   $733,181 /  6,642 Sales 

As you can see above, average prices are relatively flat compared to last year (although average
size of home sold is approx. 80sf larger). Volume is down a little compared to last year (about 
18%) and down about 41% compared to 2005.
                                        
Inventory:
2/15/07    12,091 For Sale 
1/1/07      11,207 For Sale
12/1/06    13,379 For Sale
11/1/06    14,789 For Sale
10/15/06  15,429 For Sale
10/1/06    15,481 For Sale
9/01/06    15,864 For Sale
8/01/06    15,720 For Sale
7/01/06    15,004 For Sale
1/1/06       6,976 For Sale

Inventory levels decreased somewhat toward the end of 2006 and have not gone up substantially
since the beginning of this year.

The accuracy of all information regardless of source, including but not limited to square footages and lot size, is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Copyright SoCalMLS.

 
This post has been included in California Information Orange County, CA Information

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Sherman Smith

Tustin, CA

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Sherman Smith & Associates

Office Phone: (714) 544-5445

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