Beach town home sales continue the upward trend

By: Allan Heller ~ June 13, 2010

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Below is an OC Register article which points out a continuing upward trend of the Orange County Coastal area housing market.

Beach town home sales up 40%

June 13th, 2010, 12:33 am · posted by Jon Lansner

For the 22 business days ending May 25 – DataQuick’s latest stats — the 17 ZIPs located in beach towns communities showed …

  • 587 homes sold, that is +40.1% vs. a year ago.
  • The median selling price of these ZIPs was $719,000 – that is +7.1% vs. a year ago.
  • The beach towns ZIPs comprised 18.5% of the recent home sales in Orange County vs. 15.2% a year ago.

A little geographical context …

  • 36 ZIP codes in beach towns and inland South County communities had 1,523 homes sales. That’s up 38.6% vs. a year ago.
  • 47 ZIP codes in mid-county and inland North County communities had 1,657 homes sales. That’s down 0.4% vs. a year ago.
  • Thus, the share of Orange County homes sold in mid-county and inland North County neighborhoods was 52% vs. 60% a year ago.

The ZIP-by-ZIP results for beach towns communities …

Town ZIP Price Yr. chg. Sales Yr. chg.
Corona del Mar 92625 $1,668,250 +19.2% 27 +350.0%
Dana Point 92624 $550,000 -4.3% 11 +10.0%
Dana Point 92629 $561,000 -11.7% 44 +12.8%
Huntington Beach 92646 $530,000 +7.1% 75 +53.1%
Huntington Beach 92647 $510,000 +10.4% 38 +11.8%
Huntington Beach 92648 $850,000 +25.9% 44 -4.3%
Huntington Beach 92649 $552,500 -10.6% 37 +68.2%
Laguna Beach 92651 $965,000 -3.5% 42 +90.9%
Newport Beach 92660 $1,000,000 +15.5% 47 +51.6%
Newport Beach 92661 $1,610,000 +16.2% 10 +42.9%
Newport Beach 92662 $1,800,000 +0.0% 7 +133.3%
Newport Beach 92663 $775,000 +34.8% 23 +76.9%
Newport Coast 92657 $1,900,000 +38.0% 28 +154.5%
San Clemente 92672 $565,000 +4.6% 42 +31.3%
San Clemente 92673 $630,000 -0.8% 49 +16.7%
San Juan Capistrano 92675 $450,000 +57.9% 50 +35.1%
Seal Beach 90740 $719,000 +0.6% 13 -13.3%
Total O.C. $445,000 +9.9% 3,273 +14.6%

What are your thoughts?

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