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South coast home sales up 35% over last year
December 1st, 2009, 1:00 pm · 4 Comments · posted by KELLI HART, THE ORANGE COUNTY REGISTER
Here are the sales trends that appear from DataQuick’s freshest homebuying stats for the 22 business days ending Nov. 4 in our South Coast beach cities …
• 3-city sales totaled 149 — that’s +35% vs. a year ago. Countywide, sales were +11% vs. a year ago.
• Of the 3 cities’ 5 ZIP codes, 4 had sales gains vs. a year ago while 2 had a gain in their median selling price vs. a year ago.
• 1 of these 5 ZIP codes beat the 3.6% overall performance of the countywide median for the past year.
Here’s how the latest DataQuick report breaks down South Coast ZIPs; change is vs. a year ago:
| City | ZIP | Median price | Yr. chg. | Sales | Yr. chg. |
|---|---|---|---|---|---|
| Dana Point | 92624 | $572,500 | +12.3% | 7 | +0.0% |
| Dana Point | 92629 | $679,000 | +2.6% | 24 | +4.3% |
| Laguna Beach | 92651 | $914,000 | -51.4% | 34 | +88.9% |
| San Clemente | 92672 | $560,000 | -2.1% | 39 | +69.6% |
| San Clemente | 92673 | $620,000 | -14.5% | 45 | +15.4% |
| •O.C. | All | $435,000 | +3.6% | 2,885 | +11.4% |
• For more on overall Orange County homebuying trends, CLICK HERE!
Read more…
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are you counting forclosres as sales
I’m sure they are - counting the foreclosure, the 2-3 sales back and forth from investors and then the final sale. Tons of double counting in these numbers.
Looks like the house market is on fire.
Look at the wording here, it’s manipulated. South Coast cities, where laguna niguel, rsm, ladera ranch, Mv..They leave that out intentionally, so the numbers look higher. If you incoporate all the cities housing would be in the toilet..Crooks