Admin

2007 Recap of South Orange County Real Estate Market

By
Real Estate Agent with eXp Realty of California

 

 

 

 

 

 

 

1/1/07 - 12/31/07

 

 

 

 

 

 

 

DETACHED HOMES

 

 

 

 

 

 

 

Average

List Price

Sale Price

 

 

 

Number

List Price

Per Sq. Ft.

Per Sq. Ft.

DOM

 

Active

 

 

 

 

 

 

January

897

$ 1,100,717

$ 401

 

85

 

February

984

$ 1,152,110

$ 404

 

67

 

March

1,104

$ 1,096,616

$ 403

 

66

 

April

1,212

$ 1,092,244

$ 399

 

67

 

May

1,358

$ 1,092,183

$ 399

 

69

 

June

1,392

$ 1,067,833

$ 397

 

73

 

July

1,397

$ 1,043,482

$ 394

 

76

 

August

1,272

$ 843,612

$ 374

 

78

 

September

1,371

$ 811,364

$ 373

 

83

 

October

1,312

$ 915,083

$ 369

 

87

 

November

1,132

$ 811,460

$ 356

 

93

 

December

1,061

$ 795,022

$ 350

 

100

 

Pending

 

 

 

 

 

 

January

184

$ 828,820

$ 360

 

79

 

February

231

$ 769,392

$ 371

 

79

 

March

172

$ 845,498

$ 366

 

66

 

April

187

$ 827,781

$ 366

 

66

 

May

178

$ 835,760

$ 367

 

59

 

June

171

$ 838,704

$ 354

 

66

 

July

189

$ 859,938

$ 319

 

65

 

August

146

$ 822,741

$ 363

 

79

 

September

132

$ 741,325

$ 354

 

87

 

October

119

$ 783,103

$ 343

 

81

 

November

120

$ 746,478

$ 330

 

82

 

December

92

$ 692,604

$ 329

 

90

 

Closed

 

 

 

 

 

 

January

111

$ 804,597

$ 373

$ 248

81

 

February

144

$ 805,462

$ 367

$ 358

84

 

March

201

$ 830,368

$ 378

$ 365

79

 

April

129

$ 790,932

$ 375

$ 367

62

 

May

189

$ 815,152

$ 376

$ 368

65

 

June

189

$ 882,070

$ 380

$ 368

59

 

July

159

$ 867,225

$ 373

$ 361

63

 

August

177

$ 842,751

$ 364

$ 354

72

 

September

155

$ 793,542

$ 361

$ 349

76

 

October

85

$ 793,710

$ 369

$ 353

74

 

November

90

$ 779,483

$ 347

$ 332

88

 

December

110

$ 751,932

$ 327

$ 313

83

 

 

 

 

 

 

 

 

1/1/07 - 12/31/07

 

 

 

 

 

 

 

ATTACHED HOMES

 

 

 

 

 

 

 

Average

List Price

Sale Price

 

 

 

Number

List Price

Per Sq. Ft.

Per Sq. Ft.

DOM

 

Active

 

 

 

 

 

 

January

578

$ 467,267

$ 392

 

80

 

February

590

$ 472,391

$ 393

 

65

 

March

703

$ 465,653

$ 392

 

59

 

April

800

$ 464,676

$ 387

 

61

 

May

856

$ 461,150

$ 380

 

63

 

June

897

$ 457,618

$ 377

 

71

 

July

901

$ 454,085

$ 373

 

78

 

August

886

$ 442,567

$ 366

 

83

 

September

867

$ 437,449

$ 357

 

86

 

October

830

$ 429,759

$ 348

 

90

 

November

798

$ 424,981

$ 343

 

93

 

December

722

$ 415,444

$ 335

 

101

 

Pending

 

 

 

 

 

 

January

115

$ 459,240

$ 362

 

77

 

February

141

$ 476,999

$ 359

 

79

 

March

124

$ 469,836

$ 366

 

64

 

April

100

$ 462,990

$ 370

 

67

 

May

94

$ 458,607

$ 369

 

69

 

June

102

$ 452,026

$ 344

 

62

 

July

88

$ 440,064

$ 346

 

74

 

August

91

$ 436,616

$ 346

 

78

 

September

75

$ 419,008

$ 335

 

68

 

October

75

$ 407,793

$ 328

 

85

 

November

61

$ 369,858

$ 316

 

95

 

December

63

$ 381,508

$ 304

 

92

 

Closed

 

 

 

 

 

 

January

62

$ 469,219

$ 372

$ 362

82

 

February

80

$ 460,308

$ 360

$ 344

85

 

March

142

$ 469,622

$ 372

$ 352

73

 

April

81

$ 470,304

$ 372

$ 364

83

 

May

88

$ 440,443

$ 378

$ 366

64

 

June

112

$ 462,546

$ 374

$ 366

69

 

July

74

$ 458,560

$ 369

$ 361

65

 

August

89

$ 451,117

$ 356

$ 347

75

 

September

87

$ 419,845

$ 348

$ 340

72

 

October

46

$ 435,113

$ 327

$ 319

70

 

November

43

$ 406,986

$ 324

$ 312

74

 

December

52

$ 378,658

$ 321

$ 308

96

 

Includes: Mission Viejo, RSM, Lake Forest, Canyon Areas, Portola Hills, Foothill Ranch, Coto de Caza, Irvine, and Tustin