Home Sales for Orange County August Report!
By Valorie Stover, Realtor for Casta del Sol, Mission Viejo,CA, Active Adult Community!
(Casta del Sol Real Estate / HomeSmart Everygreen Realty)
Saturday's Orange County Register News paper has an article written by Jonathan Lanser showing DataQuick's homebuying report that 2,985 houses were bought in the last month. It also means this has been continuing for the 14 MONTHS. Each and every month we are selling more houses! We have an increase of 6.6 percent vs. one year ago in activity. Looking back to 1997 thru 2006, monthly sales were averaging only 4.304 per month. August is our 14th month in Orange County with an upturn in sales. Previous to the increases, we had 33 consecutive months that failed to beat the year before sales. We are still 35 percent under where we were in 2007 with the median price was at its highest $645,000. We are 14 percent above the cyclical low that we hit in January 2009. This brings our median price ...
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