orange county, ca real estate market report: october 2013
DESCRIPTION
Whether you’re getting ready to buy or sell in Orange County, CA, you need to be up to date on local real estate market trends. That’s why we've compiled the most important data from all 34 cities in the OC. Check out the highlights, trends, and all the numbers from October 2013 to help you understand the Orange County market and turn you into a real estate pro. Can’t decide which city to settle in? Looking for average home prices in comparable communities so you can properly price your home to sell? We've got the answers. This October in Orange County, CA there were a total of 6,285 homes for sale with 2,406 sold and 2,603 pending in escrow. The average sold price of a home in Orange County for last month was $680,000, with an average price per square foot of $374.4 and average of 61 days on the market.TRANSCRIPT
Orange County, CAReal Estate Market Report
October 2013
ORANGE COUNTY, CA ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $1,370,000 $1,183,000 -13.6
# of Properties for Sale 3,942 6,285 +59.4
# of Properties Sold 2,878 2,406 -16.4
# of Properties Pending 2,961 2,603 -12.1
Avg. Sold Price $574,000 $680,000 +18.5
Avg. Sq. Ft. Price $308.7 $374.4 +21.3
Avg. DOM 82 61 -25.6
Aliso ViejoAnaheim Brea Buena Park Costa Mesa Cypress Dana Point Fountain Valley Fullerton
Lake ForestLos Alamitos Mission Viejo Newport Beach Orange Placentia Rancho Santa MargaritaSan Clemente San Juan Capistrano
Garden Grove Huntington Beach Irvine La Habra La Palma Ladera RanchLaguna Beach Laguna Hills Laguna Niguel
Santa AnaSeal BeachStanton Tustin Villa Park Westminster Yorba Linda
ORANGE COUNTY MARKET REPORT OCTOBER 2013 TABLE OF CONTENTS
View current homes for sale in Aliso Viejo, CA: http://www.firstteam.com/ca/aliso-viejo/realestate/
ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $608,000 $511,000 -16
# of Properties for Sale 52 163 +213.5
# of Properties Sold 78 73 -6.4
# of Properties Pending 94 89 -5.3
Avg. Sold Price $419,000 $483,000 +15.3
Avg. Sq. Ft. Price $263.5 $327.2 +24.1
Avg. DOM 68 62 -1
ALISO VIEJO
ANAHEIM
October 2012 October 2013 % Change
Avg. Listing Price $448,000 $454,000 +1.3
# of Properties for Sale 177 257 +45.2
# of Properties Sold 168 121 -28
# of Properties Pending 188 155 -17.6
Avg. Sold Price $326,000 $384,000 +17.8
Avg. Sq. Ft. Price $217.3 $271.3 +24.9
Avg. DOM 82 54 -34.1
ORANGE COUNTY MARKET REPORT OCTOBER 2013
View current homes for sale in Anaheim, CA:http://www.firstteam.com/ca/anaheim/realestate/
View current homes for sale in Brea, CA:http://www.firstteam.com/ca/brea/realestate/
BREA ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $694,000 $639,000 -8.4
# of Properties for Sale 48 51 +6.3
# of Properties Sold 40 24 -40
# of Properties Pending 33 26 -21.2
Avg. Sold Price $475,000 $595,000 +25.3
Avg. Sq. Ft. Price $252.7 $316.5 +25.3
Avg. DOM 54 52 -3.7
View current homes for sale in Buena Park, CA: http://www.firstteam.com/ca/buena-park/realestate/
BUENA PARK ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $468,000 $543,000 +16
# of Properties for Sale 46 98 +113
# of Properties Sold 57 35 -38.6
# of Properties Pending 49 51 +4.1
Avg. Sold Price $407,000 $446,000 +9.6
Avg. Sq. Ft. Price $250.2 $303.5 +21.3
Avg. DOM 68 52 -23.5
View current homes for sale in Costa Mesa, CA: http://www.firstteam.com/ca/costa-mesa/realestate/
COSTA MESA ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $691,000 $771,000 +11.6
# of Properties for Sale 78 121 +55.1
# of Properties Sold 75 66 -12
# of Properties Pending 64 71 +10.9
Avg. Sold Price $524,000 $671,000 +28.1
Avg. Sq. Ft. Price $303.6 $410.8 +35.3
Avg. DOM 90 57 -36.7
View current homes for sale in Cypress, CA: http://www.firstteam.com/ca/cypress/realestate/
CYPRESS ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $544,000 $586,000 +7.7
# of Properties for Sale 42 61 +45.2
# of Properties Sold 40 34 -15
# of Properties Pending 37 39 +5.4
Avg. Sold Price $429,000 $518,000 +20.7
Avg. Sq. Ft. Price $254.4 $295.4 +16.1
Avg. DOM 79 70 -11.4
DANA POINT
View current homes for sale in Dana Point, CA: http://www.firstteam.com/ca/dana-point/realestate/
ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $2,390,000 $1,904,000 -20.3
# of Properties for Sale 149 181 +21.5
# of Properties Sold 57 45 -21.1
# of Properties Pending 44 60 +36.4
Avg. Sold Price $873,000 $1,464,000 +67.7
Avg. Sq. Ft. Price $407.8 $541.9 +32.9
Avg. DOM 117 75 -35.9
View current homes for sale in Fountain Valley, CA: http://www.firstteam.com/ca/fountain-valley/realestate/
FOUNTAIN VALLEY ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $564,000 $659,000 +16.8
# of Properties for Sale 30 60 +100
# of Properties Sold 41 35 -14.6
# of Properties Pending 48 38 -20.8
Avg. Sold Price $527,000 $602,000 +14.2
Avg. Sq. Ft. Price $282.6 $318.1 +12.6
Avg. DOM 98 98 0
View current homes for sale in Fullerton, CA: http://www.firstteam.com/ca/fullerton/realestate/
FULLERTON ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $715,000 $735,000 +2.8
# of Properties for Sale 148 225 +52
# of Properties Sold 97 77 -20.6
# of Properties Pending 116 105 -9.5
Avg. Sold Price $432,000 $515,000 +19.2
Avg. Sq. Ft. Price $255.1 $301.9 +18.4
Avg. DOM 96 98 +2.1
View current homes for sale in Garden Grove, CA: http://www.firstteam.com/ca/garden-grove/realestate/
GARDEN GROVE ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $417,000 $477,000 +14.4
# of Properties for Sale 121 166 +37.2
# of Properties Sold 121 96 -20.7
# of Properties Pending 122 112 -8.4
Avg. Sold Price $346,000 $416,000 +14.3
Avg. Sq. Ft. Price $235.3 $291.1 +23.7
Avg. DOM 70 45 -35.7
View current homes for sale in Huntington Beach, CA: http://www.firstteam.com/ca/huntington-beach/realestate/
HUNTINGTON BEACH ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $923,000 $866,000 -6.2
# of Properties for Sale 225 388 +72.4
# of Properties Sold 208 164 -21.2
# of Properties Pending 195 155 -20.5
Avg. Sold Price $612,000 $722,000 +18
Avg. Sq. Ft. Price $332.6 $402.7 +21.1
Avg. DOM 89 61 -31.5
View current homes for sale in Irvine, CA: http://www.firstteam.com/ca/irvine/realestate/
IRVINE ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $1,248,000 $1,452,000 -14
# of Properties for Sale 273 550 +101.5
# of Properties Sold 217 218 +0.5
# of Properties Pending 233 190 -18.5
Avg. Sold Price $675,000 $762,000 +12.9
Avg. Sq. Ft. Price $355.3 $409.4 +15.2
Avg. DOM 86 69 -19.8
View current homes for sale in La Habra, CA: http://www.firstteam.com/ca/la-habra/realestate/
LA HABRA ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $436,000 $506,000 +16.1
# of Properties for Sale 49 81 +65.3
# of Properties Sold 65 49 -24.6
# of Properties Pending 63 54 -14.3
Avg. Sold Price $345,000 $388,000 +12.5
Avg. Sq. Ft. Price $225.5 $278.3 +23.4
Avg. DOM 79 43 -45.6
View current homes for sale in La Palma, CA: http://www.firstteam.com/ca/la-palma/realestate/
LA PALMA ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $567,000 $610,000 +7.6
# of Properties for Sale 13 16 +23.1
# of Properties Sold 8 6 -25
# of Properties Pending 8 9 +12.5
Avg. Sold Price $443,000 $561,000 +26.6
Avg. Sq. Ft. Price $254.2 $279.5 +9.9
Avg. DOM 88 39 -55.7
View current homes for sale in Ladera Ranch, CA: http://www.firstteam.com/ca/ladera-ranch/realestate/
LADERA RANCH ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $1,063,000 $820,000 -22.9
# of Properties for Sale 35 141 +302.9
# of Properties Sold 50 30 -40
# of Properties Pending 57 55 -3.5
Avg. Sold Price $637,000 $637,000 0
Avg. Sq. Ft. Price $255.8 $305.2 +19.3
Avg. DOM 103 67 -35
View current homes for sale in Laguna Beach, CA: http://www.firstteam.com/ca/laguna-beach/realestate/
LAGUNA BEACH ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $4,737,000 $4,737,000 0
# of Properties for Sale 185 227 +22.7
# of Properties Sold 41 30 -26.8
# of Properties Pending 37 32 -13.5
Avg. Sold Price $1,733,000 $2,581,000 +48.9
Avg. Sq. Ft. Price $664 $1,163.9 +75.3
Avg. DOM 114 121 +6.1
View current homes for sale in Laguna Hills, CA: http://www.firstteam.com/ca/laguna-hills/realestate/
LAGUNA HILLS ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $1,459,000 $1,295,000 -11.2
# of Properties for Sale 32 74 +131.3
# of Properties Sold 36 34 -5.6
# of Properties Pending 39 40 +2.6
Avg. Sold Price $464,000 $508,000 +9.5
Avg. Sq. Ft. Price $248 $301.9 +21.7
Avg. DOM 88 48 -45.5
View current homes for sale in Laguna Niguel, CA: http://www.firstteam.com/ca/laguna-niguel/realestate/
LAGUNA NIGUEL ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $1,390,000 $1,213,000 -12.7
# of Properties for Sale 116 222 +91.4
# of Properties Sold 115 69 -40
# of Properties Pending 104 76 -26.9
Avg. Sold Price $583,000 $837,000 +43.6
Avg. Sq. Ft. Price $297.1 $383.8 +29.1
Avg. DOM 83 63 -24.1
LAKE FOREST
View current homes for sale in Lake Forest, CA: http://www.firstteam.com/ca/lake-forest/realestate/
ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $523,000 $537,000 +2.7
# of Properties for Sale 70 131 +87.1
# of Properties Sold 85 63 -25.9
# of Properties Pending 92 77 -16.3
Avg. Sold Price $430,000 $480,000 +11.6
Avg. Sq. Ft. Price $253.1 $314.4 +24.2
Avg. DOM 65 48 -26.2
View current homes for sale in Los Alamitos, CA: http://www.firstteam.com/ca/los-alamitos/realestate/
LOS ALAMITOS ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $583,000 $670,000 +14.9
# of Properties for Sale 10 25 +150
# of Properties Sold 7 14 +100
# of Properties Pending 11 13 +18.2
Avg. Sold Price $494,000 $619,000 +25.3
Avg. Sq. Ft. Price $274.2 $345.8 +26.1
Avg. DOM 78 45 -42.3
View current homes for sale in Mission Viejo, CA: http://www.firstteam.com/ca/mission-viejo/realestate/
MISSION VIEJO ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $741,000 $701,000 -5.4
# of Properties for Sale 103 246 +138.8
# of Properties Sold 136 106 -22.1
# of Properties Pending 145 118 -18.6
Avg. Sold Price $481,000 $586,000 +21.8
Avg. Sq. Ft. Price $262.5 $301.2 +14.7
Avg. DOM 77 56 -27.3
View current homes for sale in Newport Beach, CA: http://www.firstteam.com/ca/newport-beach/realestate/
NEWPORT BEACH ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $2,890,000 $2,865,000 -0.9
# of Properties for Sale 269 310 +15.2
# of Properties Sold 94 68 -27.7
# of Properties Pending 89 76 -14.6
Avg. Sold Price $1,628,000 $1,737,000 +6.7
Avg. Sq. Ft. Price $700.3 $630.7 -10
Avg. DOM 111 84 -24.3
View current homes for sale in Orange, CA: http://www.firstteam.com/ca/orange/realestate/
ORANGE ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $726,000 $763,000 +5.1
# of Properties for Sale 139 222 +59.7
# of Properties Sold 124 101 -18.5
# of Properties Pending 131 87 -33.6
Avg. Sold Price $463,000 $562,000 +21.4
Avg. Sq. Ft. Price $257.3 $312.5 +21.4
Avg. DOM 77 56 -27.3
View current homes for sale in Placentia, CA: http://www.firstteam.com/ca/placentia/realestate/
PLACENTIA ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $454,000 $532,000 +17.2
# of Properties for Sale 47 89 +89.4
# of Properties Sold 43 40 -7
# of Properties Pending 43 45 +4.7
Avg. Sold Price $416,000 $472,000 +13.5
Avg. Sq. Ft. Price $232.3 $289.7 +24.7
Avg. DOM 70 54 -22.9
View current homes for sale in Rancho Santa Margarita CA: http://www.firstteam.com/ca/rancho-santa-margarita/realestate/
RANCHO SANTA MARGARITA ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $513,000 $533,000 -3.8
# of Properties for Sale 30 60 +100
# of Properties Sold 41 35 -14.6
# of Properties Pending 48 38 -20.8
Avg. Sold Price $450,000 $496,000 +10.2
Avg. Sq. Ft. Price $282.6 $318.1 +12.6
Avg. DOM 74 63 -14.9
SAN CLEMENTE
View current homes for sale in San Clemente CA: http://www.firstteam.com/ca/san-clemente/realestate/
ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $1,285,000 $1,088,000 -15.3
# of Properties for Sale 189 267 +41.3
# of Properties Sold 86 68 -20.9
# of Properties Pending 114 83 -27.2
Avg. Sold Price $782,000 $858,000 +17.2
Avg. Sq. Ft. Price $299.8 $400.9 +33.7
Avg. DOM 84 81 -3.6
View current homes for sale in San Juan Capistrano, CA: http://www.firstteam.com/ca/san-juan-capistrano/realestate/
SAN JUAN CAPISTRANO ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $1,620,000 $1,558,000 -3.8
# of Properties for Sale 82 114 +39
# of Properties Sold 36 30 -16.7
# of Properties Pending 38 30 -21.1
Avg. Sold Price $577,000 $861,000 +49.2
Avg. Sq. Ft. Price $241.7 $333.4 +37.9
Avg. DOM 76 74 -2.6
View current homes for sale in Santa Ana, CA: http://www.firstteam.com/ca/santa-ana/realestate/
SANTA ANA ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $393,000 $458,000 +16.5
# of Properties for Sale 162 250 +54.3
# of Properties Sold 140 117 -16.4
# of Properties Pending 151 129 -14.6
Avg. Sold Price $338,000 $364,000 +7.7
Avg. Sq. Ft. Price $224.7 $269.9 +20.1
Avg. DOM 71 54 -23.9
View current homes for sale in Seal Beach, CA: http://www.firstteam.com/ca/seal-beach/realestate/
SEAL BEACH ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $390,000 $475,000 +21.8
# of Properties for Sale 179 107 -40.2
# of Properties Sold 66 58 -12.1
# of Properties Pending 63 52 -17.5
Avg. Sold Price $309,000 $301,000 -2.6
Avg. Sq. Ft. Price $244.3 $279.9 +14.6
Avg. DOM 77 26 -66.2
October 2012 October 2013 % Change
Avg. Listing Price $303,000 $433,000 +42.9
# of Properties for Sale 13 39 +200
# of Properties Sold 19 17 -10.5
# of Properties Pending 26 26 0
Avg. Sold Price $261,000 $296,000 +13.4
Avg. Sq. Ft. Price $221.4 $274.7 +24.1
Avg. DOM 84 59 -29.8
View current homes for sale in Stanton, CA: http://www.firstteam.com/ca/stanton/realestate/
STANTON ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $606,000 $650,000 +7.3
# of Properties for Sale 69 115 +66.7
# of Properties Sold 59 70 +18.6
# of Properties Pending 54 74 +37
Avg. Sold Price $461,000 $524,000 +13.7
Avg. Sq. Ft. Price $280 $305.2 +9
Avg. DOM 67 58 -13.4
View current homes for sale in Tustin, CA: http://www.firstteam.com/ca/tustin/realestate/
TUSTIN ORANGE COUNTY MARKET REPORT OCTOBER 2013
View current homes for sale in Villa Park, CA: http://www.firstteam.com/ca/villa-park/realestate/
VILLA PARK ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $1,345,000 $1,370,000 +1.9
# of Properties for Sale 19 26 +36.8
# of Properties Sold 6 4 -33.3
# of Properties Pending 6 3 -50
Avg. Sold Price $1,157,000 $1,623,000 +40.3
Avg. Sq. Ft. Price $294.7 $400.7 +36
Avg. DOM 66 177 +168.2
View current homes for sale in Westminster, CA:http://www.firstteam.com/ca/westminster/realestate/
WESTMINSTER ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $447,000 $564,000 +26.2
# of Properties for Sale 39 55 +41
# of Properties Sold 50 44 -12
# of Properties Pending 51 48 -5.9
Avg. Sold Price $403,000 $496,000 +23.1
Avg. Sq. Ft. Price $255.9 $307.9 +20.3
Avg. DOM 67 45 -32.8
View current homes for sale in Yorba Linda, CA:http://www.firstteam.com/ca/yorba-linda/realestate/
YORBA LINDA ORANGE COUNTY MARKET REPORT OCTOBER 2013
October 2012 October 2013 % Change
Avg. Listing Price $1,013,000 $990,000 -2.3
# of Properties for Sale 117 237 +102.6
# of Properties Sold 86 78 -9.3
# of Properties Pending 77 83 +7.8
Avg. Sold Price $641,000 $899,000 +40.2
Avg. Sq. Ft. Price $268 $332.6 +24.1
Avg. DOM 89 67 -24.7
Contact one of our local neighborhood experts to help you buy your next home or sell your home in Orange County, CA:
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Web: www.FirstTeam.com
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