Sweet Orange

Previously, we took a look at some housing market numbers for North Orange County and Central Orange County. Today, we will take a look at how the South Orange County housing market for detached homes is doing as shown by the Altos Market Action Index. The Altos Market Action Index shows the balance between potential buyers and sellers, in other words, the balance between supply and demand.  Above 30 is a sellers’ market; below 30 is a buyers’ market.

Note that the Altos numbers are for detached homes only (condos are not included). For this reason, I have included numbers that show the percentage of home in each city that are detached. The index numbers listed below are as reported by Altos Research on July 19, 2009.

Note: The brown line in the graphs is the Altos Market Action Index 90-day median; the black line is the Altos Market Action Index 7-day median.

For more numbers associated with each city, click on the city name or Altos Research index number.

Aliso Viejo:

• Altos Research Index– 18.09
• approximate % homes on market that are detached–26%

Coto De Caza:

• Altos Research Index–na
• approximate % homes on market that are detached–87%

Dana Point:

• Altos Research Index– 15.68
• approximate % homes on market that are detached–69%

Ladera Ranch:

• Altos Research Index–16.20
• approximate % homes on market that are detached–69%

Laguna Beach:

• Altos Research Index–11.84
• approximate % homes on market that are detached–82%

Laguna Hills:

• Altos Research Index–13.26
• approximate % homes on market that are detached–48%

Laguna Niguel:

• Altos Research Index–15.23
• approximate % homes on market that are detached–62%

Laguna Woods:

• Altos Research Index–6.07
• approximate % homes on market that are detached–6%

Lake Forest:

• Altos Research Index–17.37
• approximate % homes on market that are detached–61%

Mission Viejo:

• Altos Research Index– 16.23
• approximate % homes on market that are detached–68%

Rancho Santa Margarita:

• Altos Research Index–16.64
• approximate % homes on market that are detached–55%

San Clemente:

• Altos Research Index–12.67
• approximate % homes on market that are detached–76%

San Juan Capistrano:

• Altos Research Index–10.86
• approximate % homes on market that are detached–68%