Orange County Sales Stats
Orange County recorded 2,920 residential real estate sales in April 2012, up 17.5% from April 2011, when 2,485 were recorded. The median price in April of 2012 declined however, to $420,000, down from $430,000 in April 2011.
With that said, there were some positive numbers on a regional basis for Southern California. The median price rose 3.6% in Southern California as a whole, although this was mostly attributed to April sales in the higher cost coastal market that skewed the median price up.
Distressed sales – the combination of foreclosure resales and short sales – made up about 47% of Southern California’s resale market in April of 2012.