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Saturday, February 9, 2013

WHAT WERE THE ACTUAL NUMBERS?

The total number of units sold for November in Orange County was 2,879.  This number includes 1,841 resale houses, 829 condos, and 209 new homes.  The median price for all homes was $450,000 and that is a change of 12.5% from a year ago.  The median resale price was %525,000, and condos came in at $307,500 and new homes topped out at $606,250.  Foreclosed homes across the nation plunged 23% and although California wasn't in the group of the 5 states with the lowest number of foreclosures, it also is no longer in the group of the top 5 states.  Good news for California.

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