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?