During the second quarter of 2009, home sellers in 9 O.C. ZIP codes typically got selling prices higher than their asking prices. 
Buyers in mid-county neighborhoods (Santa Ana, Garden Grove and Anaheim) average sales prices surpassed the average listing prices, although the numbers were not substantial it is a positive sign for the housing market. In most relatively affordable markets pricing is firm after big discounts lured in many shoppers who discovered only a small supply of homes to buy.
On the other hand there was the Newport Coast where sellers had to lower their prices 8.7% from their starting point; Laguna Woods where home prices had to be lowered 7.6% ; Newport Beach where the average home price has to be lowered 7.4% to sell and Laguna Beach where the list-to-sales ratio is 92.9%.
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