Here are the latest DataQuick stats as reported by the OC Register. The data cover the 22 business days ending May 14.
Notice that just two South County ZIPs recorded year-over-year increases in the median price of a home sold during this period: 92624 in Dana Point. Since that area's sales are down, that means that no ZIP in South OC saw both an increase in sales and median price compared to last year.
But, Lake Forest, RSM and Foothill Ranch are now positive in terms of year-over-year sales volume. Laguna Beach and Dana Point (92629) - two of the area's top luxury enclaves - both performed poorly. Coto/Trabuco Canyon did comparably better in this snapshot, but both median price and sales volume were down.
Saturday, May 31, 2008
South OC home stats, May 30
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1 comments:
Good to see Lake Forest turning around, but I question whether it can be sustained. There appear to be a lot of homes in pre-foreclosure and a number of homes that were taken off the market between December and February.
It will be interesting to observe how May/June/July play out.
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