Orange County, CA Real Estate Market Data

By Jack Armstrong

DataQuick’s OC Homebuyer Report (22 business days ending July 7):

Median Selling Price (MSP) for Single Family Homes (SFH)and Condos, $420,000, down 11.6% from year ago (35% below June 2007’s peak $645,000).

Prices continue falling year-over-year since September 2007, worst at 31.5% in August 2008.

SFH’s MSP $495,000 down 33% from peak pricing June 2007.

Condo’s MSP $306,000 down 35% from peak pricing March 2006.

New home MSP $429,500 down 50% from top February 2005.

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