Home prices and home sales rise in Laguna Beach and Orange County
Home prices in Laguna Beach increased by 5.0% in March to a median sale price of $1.125M, and sales volume increased 62.5%.
Orange County home prices jumped 12 per cent last month and sales climbed about one-third over February levels. The median price of homes rose to $432,000 in March and higher prices were were seen thoughout the county, according to MDA Data Quick's report and the OC Register. Beach cities zip codes had both the biggest price and sales gains. Investors appetite for rental properties appeared to be strong and fewer homes entered the foreclosure pipeline.
Source: MDA Data Quick and OC Register, April 14, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment