Tuesday, June 13, 2017

JUNE 2017 ORANGE COUNTY REAL ESTATE NEWS

Orange County Housing Off to a Hot Start in 2017

Source, Orange County Register, May 15, 2017
Orange County’s housing market got off to a broad-based advance to start 2017.
CoreLogic’s compilation of first-quarter sales data shows lots of across-the-board increases in sales trends and pricing patterns in almost every slice of the market.
  • Median selling price, all residences: $650,000 — up 4.8 percent. Prices rose in 66 of 83 Orange County ZIP codes.
  • Total sales: 8,060, up 3.5 percent from a year ago. Sales rose in 50 of 83 Orange County ZIPs.
  • Single-family home resales: 4,817 — up 3.8 percent. Median of $715,000 — up 6.7 percent.
  • Condo resales: 2,339 — up 6.8 percent. Median of $455,000 — up 3.4 percent.
  • Builder sales: 904 new homes — down 5.3 percent. Median of $849,500 — up 6.9 percent.
  • New home share: 11.2 percent of all sales vs. 12.3 percent a year ago.
  • 27 least expensive ZIPs: Median at $588,000 and below — 2,423 homes sold, up 5 percent. Sales rose in 70 percent of these ZIPs.
  • 27 priciest ZIPs: Median beginning at $742,000 — 2,630 homes sold, up 7.2 percent. Sales rose in 59 percent of these ZIPs.
  • Million-dollar ZIPs: 9 with 551 sales, up 13 percent; 10 million-dollar ZIPs a year ago.
  • Priciest ZIP: Newport Coast 92657 at $2.73 million.
  • Cheapest ZIP: Santa Ana 92701 at $277,250.

We apologize it has been a few months since our last newsletter! Spring was a busy market for the Hortons In Laguna. 

  

31291 CeanothusLaguna Beach5/4/2017Seller/Buyer
461 Linden StLaguna Beach5/18/2017Seller
1535 CaribbeanLaguna Beach5/25/2017Buyer
1880 CapistranoLaguna Beach5/26/2017Seller
31959 10thLaguna Beach5/31/2017Seller
275 Beverly ALaguna Beach6/14/2017Seller
-"We whole-heartedly recommend Amanda Horton to anyone seeking to purchase or sell a home in Orange County. She is a true superstar and a class act." Buyer, 1535 Caribbean, Mystic Hills

"Amanda & Pamela Horton are extraordinary agents. I highly recommend them, and would absolutely work with them again." Seller, 1880 Capistrano, Arch Beach Heights

"Amanda Horton is amazing and the most wonderful realtor I've ever had! She is patient, thorough, dedicated, and consistently exceeds high expectations." Seller, 31959 10th Avenue, South Laguna

June 2017 Laguna Beach Statistics

Active - 246
Pending - 52
Sold in May - 43

2 - Less than $1,000,000
26 - $1,000,000 - $2,000,000
9 - $2,000,000 - $3,000,000
0 - $3,000,000 - $4,000,000
1 - $4,000,000 - $6,000,000
3 - $6,000,000-$7,000,000
1 - $10,350,000
1 - $13,000,000

We are always happy to meet with you or any of your referrals to discuss personal real estate situations and needs.

Wishing you all a wonderful summer season!
-Amanda & Pamela