Sweet Orange

Orange County Housing Graphs Courtesy Redfin: inventory, house price per square foot, condos price per square foot

According to DataQuick, the most recent housing numbers for Orange County are as follows:

• Sales are up 5.7%: 5034 homes sold in February 2010 vs 4590 homes sold in February  2009.
• The median selling price was up 11.2%: $417,000 in February 2010 vs $375,000 in February 2009.

For comparison here are some Redfin numbers:

• Redfin reports that the number of Orange County homes that sold in December 2009 was 3401, up 30% from December 2008.
• The median selling price in December 2009 was $415,000, which is up 7.7% from their December 2008 number. Redfin also reports that the December 2009 median price per square foot was $270, which is also up (1.5%).

Note that the price per square foot suggests less of a price increase for Orange County housing than does the overall price.