Home Prices Up in 62% of Orange County for the Month of June

From the Orange County Register, dated July 13th 2010:

For calendar month June – DataQuick’s freshest stats — Orange County homebuying patterns showed:

• 56 of O.C.’s 83 ZIP codes had gains in their respective median selling price. Overall, prices were +6.5% vs. a year ago.
• Taking sales volume in consideration, home pricing is up in ZIPs representing 62% of the Orange County market.
• 7 of 83 O.C. ZIPs had median sales prices above $1 million in the period vs. 11 million-dollar ZIPs when the county median price peaked in June 2007.
• Since that pricing pinnacle, there’s been a -31% drop in the countywide median price!
  45 of 83 O.C. ZIPs had year-over-year sales gains in the period.
• Overall, countywide sales were +15.7% vs. a year ago.
• 3 of 83 O.C. ZIPs has sales gains of 100% or more in the period.
• NOTE! 34 local ZIPs had both sales gains and price gains in the period. These double-gainers had combined sales volume equal to 48% of the Orange County market.
• For a detailed report on the price moves, CLICK HERE!