TheOrange County Real Estate Report provides news, trends, demographics and other local information for the buyers and sellers of residential real estate. Updated monthly.

Orange County Real Estate California


Your source for Orange County real estate market trends.

February 2008

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Orange County real estate: average and median home price trend charts.

Congress Raises Conforming Loan Limit

Congress passed the economic stimulus package which temporarily raises the conforming loan limit to $729,750 from $417,000.

This should loosen up credit and give a boost to the real estate market, especially in high-priced areas like Orange County.

The median price for single-family, re-sale homes in Orange County fell 2.8% from December. Year-over-year, the median price was off 13.6%. Home sales were down 17.1% month-over-month, and down 44.5% compared to last January.

Orange County condo sales rose 0.6% from December, but were down 39.2% year-over-year. The median price was off 3.8% to $375,000, a year-over-year drop of 14.8%.

Comprehensive statistical tables are on page two.

A complete set of charts for each city we cover is also available by clicking on the city in the City Trends section to the bottom right.

The real estate market is very hard to generalize. It is a market made up of many micro markets. For complete information on a particular neighborhood, call me.

If we can help you devise a strategy, call or click buyer or seller.

For our statistical tables, click next page.

We update this report monthly. To be notified by e-mail when the report is updated, subscribe and keep up-to-date on all that's happening in the Orange County real estate market.

Tables and Charts

The tables on the second page provide a snapshot of the Orange County real estate market.

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Orange County real estate trends and city demographics.

Don Cavanaugh, REALTOR®
Coldwell Banker
27742 Vista Del Lago, #1

Mission Viejo, CA  92692
Cell: (949) 939-2854
E-mail: sales@OrangeCoastRealEstate.com
http://www.DonCavanaugh.com

California Department of Real Estate License
#01339479

Disclaimer

You can find other Real Estate Reports below:

Palm Springs/Palm Desert
http://www.DesertRealEstate.com/

San Diego County
http://SanDiegoCoastProperty.com

Santa Clara County
http://sanjoseproperty.com

San Mateo County
http://rereport.com/smc/

Marin County
http://www.WestBayRE.com/

Sonoma County
http://rereport.com/sonoma/

Scottsdale/Phoenix
http://SouthwestRealEstate.com

Hawaii
http://HawaiianRealEstate.com

Las Vegas
http://Vegas-Report.com

Orange County real estate

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